For business owners who purchase goods for resale, a resale tax exempt certificate can be an invaluable tool. This certificate allows businesses to buy items without paying sales tax, provided they will be resold to customers. However, using and maintaining resale tax exempt certificates can be a bit tricky, and failing to follow the rules can result in fines or penalties. In this blog, we’ll explore what a resale tax exempt certificate is, how it works, and how to use it properly.
Understanding Resale Tax Exempt Certificates: A Guide for Business Owners