How to avoid a call from the government - Professional Carwashing & Detailing

How to avoid a call from the government

CLEVELAND — There are frequent mistakes that owners of small businesses make that lead to a call from Uncle Sam, according to Small Business Trends.

CLEVELAND — Barry Moltz tells the story in his blog of the time the Department of Revenue shutdown his company because his bookkeeper ignored warnings from them, according to Small Business Trends.

Moltz “did not know all [his] tax responsibilities” at the time, and other small business owners may not as well. He chronicled four mistakes that owners commonly make that can lead to a call from Uncle Sam.

More articles on: Business operations 

The first is non-payment of payroll taxes. “Each pay period, a company deducts from the employees paycheck taxes that are due to the government.” A good way to do this, he wrote, is to “use a payroll service that will withdraw the taxes and pay the government automatically.”

A business also needs to be sure to pay sales tax. “With each transaction, a company collects sales tax for the government,” he writes. “A company should ensure that these taxes get posted to a separate account so the money is there to send at the end of the month.”

Read also: OSHA and your car care business

Non payment of use tax can also get you into trouble. This is a tax the company assesses on themselves, he writes, for purchases where they should have been charged state sales tax.

Health code violations are the fourth thing Moltz writes about that can get you into trouble. If there’s a violation, “Inspectors will shut that company down on the spot and lock the doors.”

The full article goes more in-depth on each one of these items to educate you on how to avoid your business from getting into trouble with the government.

To read the full story, click here

You May Also Like

Managing employee relationships

Essential insights to ensure a thriving business built on trust and professionalism.

Managing employee relationships

As a carwash owner or operator, you know the success of your business largely depends on your employees. They are the backbone of the operation and their skills, talents and dedication are crucial for achieving your goals.

But, how can employers ensure that their employees are motivated, engaged and productive? One of the most effective ways is by building strong relationships based on trust and respect.

Big Dan’s Car Wash opens first location in Southwest Georgia

ALBANY, Ga. — The site boasts a 150-foot tunnel, self-prep stations and 30 vacuums.

Big Dan’s Car Wash logo
Quick Quack celebrates Victoria grand opening with 12 days of free washes

VICTORIA, Texas — The new wash is the second of at least three planned Victoria locations.

Mammoth Holdings opens Silverstar Car Wash in Coon Rapids

DALLAS — The opening marks the 26th Mammoth location under the Silverstar Car Wash brand.

25th Mammoth location under the Silverstar Car Wash brand.
MCA to host networking event

LANSING, Mich. — The event will feature Mark Fisk, a partner at Byrum & Fisk Advocacy Communications.

Mark Fisk, a partner at Byrum & Fisk Advocacy Communications

Other Posts

UNC’s Paulina Paris featured in ZIPS Car Wash Convos

CHAPEL HILL, N.C. — Paris joined the UNC women’s basketball team for the 2022-23 season after being ranked as the No. 27 player in the country.

Nothing but net in the latest episode of Car Wash Convos with Paulina Paris, UNC Women’s Basketball's star Guard, and her host Kaitlyn Schmidt.
Mammoth Holdings names Bethany Gillam chief people officer

DALLAS — Gillam will oversee talent recruitment and development, compensation and benefits, and all other aspects of human resources.

Mammoth Holdings names Bethany Gillam chief people officer
Reaching new reclaim heights

Advancements and innovations in water reclaim that improve quality and expand use.

Reaching new reclaim heights
Club Car Wash celebrates opening of 150th location

COLUMBIA, Mo. — The new location in Melissa, Texas, officially opened its doors to the public on Feb. 22.

Club Car Wash celebrates opening of 150th location