Sales tax licenses are valid for a two-year period and expire at the end of each odd-numbered year. The license fee is pro-rated every six months depending on when the license is obtained during a two-year period. The current sales tax licenses will expire on December 31, 2013. A license for the two years that begins January 1, 2014 is $16 for each physical location. If a business has more than one sales location, each location must have a license. Sales tax license renewal letters will be mailed to taxpayers in November. But there’s no need to wait for the letter!
A renewal application form is not required if a taxpayer renews their sales tax license by Electronic Funds Transfer (EFT). Renewing the sales tax license by EFT helps to reduce errors and improve the turnaround time for the taxpayer to receive the license.
Businesses can sign up for Electronic Funds Transfer (commonly referred to as “EFT”) to pay their state taxes and sales tax license fee. There is no fee associated with EFT payments. However, businesses must register in advance for EFT and, even when registering through Revenue Online. Taxpayers need to wait two business days before making their first payment through EFT. Additional EFT Tips.
If the taxpayer cannot renew the sales tax license through EFT, complete the sales tax license renewal letter that will come in the mail in November from the department. The taxpayer can either mail back the renewal form to the department with the payment, or bring it with payment to any Taxpayer Service Center. It will take the department two to four weeks to process the application and mail out the new license.