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Sales & Use Tax Tips
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I know Texas has an extension of time to file franchise tax reports. Does it also allow an extension for sales & use tax reports? Yes, but prior to the due date, you must pay 90 percent of the estimated tax due and provide a written request for extension that indicates good cause. The extension period is 45 days (90 days if you are the victim of a natural disaster). It seems that hurricanes, tornados, and such are fairly common in the Republic of Texas. |
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