Sales tax reports will be mailed to new businesses. Sales tax reports may also be filed online. For additional information about registering and filing online, please go to the following webpage: https://atap.arkansas.gov/. Use this webpage monthly to file the Sales and Use Tax Report.
How do I get a sales tax number in Arkansas?
How do you register for a sales tax permit in Arkansas? You can register online at the Arkansas Taxpayer Access Point (ATAP) or fill out the paper application Just click “Sign up” and you’ll be prompted to enter business info then register for your sales tax permit. 3.
How do I file sales tax in Arkansas?
Contact 501-682-7104 to request ET-1 forms and the forms will be mailed to your business in two to three weeks. For faster service, file your Sales and Use Tax Returns online at https://atap.arkansas.gov/.
How do I pay sales tax for my business in Arkansas?
You have three options for filing and paying your Arkansas sales tax:
- File online – File online at the Arkansas Taxpayer Access Point (ATAP). You can remit your payment through their online system.
- File by mail – You can use Form ET-1 and file and pay through the mail.
- AutoFile – Let TaxJar file your sales tax for you.
How do I register my business with the state of Arkansas?
To register your Arkansas LLC, you’ll need to file the Certificate of Organization with the Arkansas Secretary of State. You can apply online, by mail, or in person. Read our Form an LLC in Arkansas guide for details. Or use a professional service like Northwest or LegalZoom to form your LLC for you.
How do I file sales tax?
- Complete our Simple Form. You are required to fill the details in our simple questionnaire and submit documents.
- Provide us the Information. You need to Provide us with all the required information and documents.
- Prepare sales Tax Returns.
- Document Submission.
- Your work is Completed, Congratulations.
How much is a small business license in Arkansas?
$50
How much does an Arkansas business license cost? An Arkansas sales tax license costs $50 for initial registration and never needs to be renewed.
What is Arkansas sales tax in 2022?
6.5%
Current Tax Rate is 6.5% (non-food items).
Who has to pay sales tax in Arkansas?
Sales and Use Tax
The Arkansas sales tax is 6.5% of the gross receipts from the sales of tangible personal property and certain selected services. “Sale” includes the lease or rental of tangible personal property.
Who is exempt from sales tax in Arkansas?
Some goods are exempt from sales tax under Arkansas law. Examples include prescription drugs, purchases made with food stamps, and some farming equipment.
How is an LLC taxed in Arkansas?
By default, LLCs themselves do not pay federal income taxes, only their members do. However, as mentioned above, Arkansas imposes an annual $150 franchise tax on LLCs for the privilege of doing business in the state.
Do you need a sellers permit to sell online in Arkansas?
Even online based businesses shipping products to Arkansas residents must collect sales tax. Obtaining your sales tax certificate allows you to do so. In Arkansas, this sellers permit lets your business buy goods or materials, rent property, and sell products or services tax free.
Do I need a state tax ID in Arkansas?
Businesses that operate within Arkansas are required to register for one or more tax-specific identification numbers, licenses or permits, including income tax withholding, sales and use tax (seller’s permit), and unemployment insurance tax.
Do I have to register my business in Arkansas?
Businesses that operate within Arkansas are required to register for one or more tax-specific identification numbers, licenses or permits, including income tax withholding, sales and use tax (seller’s permit), and unemployment insurance tax.
Does Arkansas require a business license?
Not every Arkansas business needs a license. However, many types of business either can or must get one or more licenses or permits. Some of these permits and licenses are issued by the state. Examples include licenses related to restaurant and food services, contractor licenses, and child care licenses.
How much does an LLC cost in Arkansas?
How much does it cost to form an LLC in Arkansas? The Arkansas Secretary of State charges a $45 fee to file the Articles of Organization online and $50 if filed by mail. You can reserve your LLC name with the Arkansas SOS for $25 if filed by mail or $22.50 if filed online.
How do I get a sales tax registration certificate online?
The first step before filing your Sales Tax Return is to get yourself registered with Federal Board of Revenue (FBR). The registration with FBR provides you with a Sales Tax Registration Number (STRN) or User ID and password. These credentials allow access to efile portal, the online portal for filing Sales Tax Return.
How can I sell online without paying taxes?
Online ‘Garage Sales’
The rule of thumb is that if you used the items and then sold them for less than you bought them for, then you owe no taxes on the sale. However, if you sold an antique or collectible that had appreciated since you first acquired it, you likely would be on the hook for taxes on the profit.
How do I report sales tax to the IRS?
Report your sales tax deduction on Schedule A. In the section entitled “Taxes You Paid” be sure to check the box indicating your choice to deduct state sales tax instead of state income tax and enter the amount of your deduction.
What licenses do I need to start a business in Arkansas?
The only state-level permit or license in Arkansas is the sales tax permit, sometimes called a seller’s permit. This registers your business for the Arkansas sales and use tax. You must obtain a sales tax permit if you: Operate a business in Arkansas.
How long does it take to get an LLC in Arkansas?
You can get an LLC in Arkansas in 2-3 business days if you file online (or 3-4 weeks if you file by mail). If you need your Arkansas LLC faster, you can file by mail and pay for expedited processing.