Sales Tax Bond
If you have a business that sells gas, alcohol, marijuana, or tobacco, your state may require that you get surety bonds to ensure that you pay your sales taxes. Sales tax bonds, or surety bonds, are sometimes also required for companies or businesses who only store these items. To stay in compliance with the law, it's essential that you get bonded, allowing you to keep your business license.
State Tax Bond InformationTo stay in compliance with the law, you need to use tax bond service in order to ensure that you're able to continue selling alcohol, gas, marijuana, or tobacco. A general sales tax bond is a good fit for most businesses, and can easily be obtained using an online application (you'll fill out basic info, such as your first and last name, phone number, company info, etc.). Your information and your credit score will be used to determine your sales tax bond cost.
What is a State Sales Tax Bond?A sales tax bond guarantees that your sales tax will be paid to the appropriate authorities. Tax bond sales are important in keeping your business legal. The bond amount and bond type required will depend on several factors, such as your credit score and how new your business is.
How Do Sales Tax Bonds Work?A business pays a sales tax bond to protect the entity owed taxes, such as a government or state agency.
State Specific Costs For A Surety BondThe cost of your sales tax bond will depend on the bond amount, bond type, your business license, the laws in your state, your credit score, and more. Call us today for a free quote to learn more about the potential cost of your sales tax surety bond amount.
Who Needs to Pay For a State Sales Tax Surety Bond?If you own a business that sells gas, alcohol, marijuana, or cigarettes, you need to get a quote to pay for a sales tax surety bond amount to keep your company legal. We're happy to help you with a free quote to help you determine your sales tax bond cost. Whether you choose to call us or other bonding companies, be sure to get a free quote before you fill out an online application that gives bonding companies access to your credit score.
What are the Different Types of State Sales Tax Surety Bonds?The most common types of new sales tax bonds include fuel sales tax bonds, alcohol sales tax bonds, cigarette sales tax bonds, and marijuana sales tax bonds. These ensure that you pay sales taxes to the federal or state government. Your new sales tax bond pay amount needs will be specific to your state's laws, as well as to your business and credit score. Read more about sales tax bonds in Texas.
How Do I Pay For And Obtain a New Sales Tax Surety Bond?Most businesses do not work directly with the entity that requires the surety bond. Instead, most businesses work with a bonding company to learn how to use tax bonds and get bonded. Call us today to learn how to fill out an online application form to learn more about surety bond insurance and general tax bond sales. Leave your name, phone, and business license number and we'll call you to tell you more about how to get bonded. States We Serve: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming ACS Sales Tax Surety Bond Company, All Rights Reserved.
Over 125 years of combined experience
As a surety bond broker, we work for YOU not the surety company. We are licensed nationwide and appointed by 25 surety companies so that we are able to offer the best solution for all surety bond needs. We are a small organization that strives to make you feel like part of our family.
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Three party agreement
Surety Bond Definition: The definition of a surety bond is as follows: A surety bond is a binding agreement between three parties. This agreement sets forth a financial guarantee by one party ( “surety” ) to another party ( “obligee” ) that a third party ( “principal” ) will fulfill required obligations to the obligee, and that state, federal, and local laws and applicable regulations will be adhered to. Let’s examine each of the three parties.Learn more about surety bonds
Bad Credit – Fast Approvals – Lowest Rates Available.
- Credit below 650 and/or have blemishes on credit report.
- Average cost is 5-15% of the bond amount.
- Available for all commercial bonds.
Why does credit matter? Applying for a surety bond is similar to applying for a loan. You are asking a surety company to back you financially. Reviewing credit is the best method for the surety to understand their risk. All sureties review credit as a view only and should have no effect on your credit score. While it is true that bad credit makes it harder to obtain a competitive quote, we are committed to making sure all of our customers have access to the best possible rates. While we can’t guarantee that we can provide a bond for the most extreme bad credit situations, we strive to make sure no stone is unturned! In other words, if you are insurable, we will get it written. Contact us today and let us put together an online quote for you that will exceed your expectations.