Not sure if this is the correct place on the forum, maybe I can be re-directed or something, but I am looking for some advice on renting out my equipment.
I just set up an LLC, and am about to register in Pennsylvania to charge Sales Tax for another service I am going to offer. My accountant told me to look into "use tax" and I have done so but it seems confusing. If I rent my equipment out in Pennsylvania, am I just charging sales tax? Use tax seems to be for things I purchase without paying sales tax on or something like that, but I could be totally wrong in what I have read.
I want to do it right, and not avoid paying/charging tax for this business, but I don't know what to do exactly.
Any insight would be greatly appreciated.
Dustin
I just set up an LLC, and am about to register in Pennsylvania to charge Sales Tax for another service I am going to offer. My accountant told me to look into "use tax" and I have done so but it seems confusing. If I rent my equipment out in Pennsylvania, am I just charging sales tax? Use tax seems to be for things I purchase without paying sales tax on or something like that, but I could be totally wrong in what I have read.
I want to do it right, and not avoid paying/charging tax for this business, but I don't know what to do exactly.
Any insight would be greatly appreciated.
Dustin
