Retailers engaged in business in California must register with the California Department of Tax and Fee Administration (CDTFA) and pay the state’s sales tax, which applies to all retail sales of goods and merchandise except those sales specifically exempted by law.
Former restaurateur and current tech company cofounder David Joseph took the adage, “Be the change you want to see in the world,” to its furthest conclusion. The owner of a celebrated restaurant in Montclair, New Jersey that enjoyed an 18-year run before he sold it, Joseph is no stranger to the stress of staying on top of the outflow of cash from a restaurant.
DAVO Technologies, the leading provider of daily sales tax cash management automation has been awarded the SCORE Maine Top Successful Innovative Tech Business Award.
Sales tax is typically applied to transactions for tangible goods and certain services that occur between a merchant and a consumer. Merchants act as agents of state government collecting sales tax from consumers and remitting payments to the proper taxing authority.