Who Handles What? A Quick Look at State, Local, and Federal Tax Compliance

When it comes to taxes, most business owners know they have to file something, but what, where, and when? That part gets confusing fast.

The reality is that taxes are imposed on three levels: federal, state, and local. And each one comes with its own rules, deadlines, and expectations.

Federal: The Non-Negotiables

These are the taxes that apply across the board. The IRS wants its share, whether it’s income tax, payroll withholdings, or quarterly estimates. If you’ve got employees or you’re making money, the federal government is involved.

These deadlines are consistent and well-known, but still easy to miss if you’re not keeping track.

State: Different Rules, Different Forms

Once you get to the state level, things vary. Some states have income tax, others don’t. Some want sales tax returns on a monthly basis, while others prefer quarterly returns. If you’re operating in more than one state, the rules become more complex.

It’s not just about where your business is based; it’s also about where you’re doing business.

Local: The One That Sneaks Up on You

City and county taxes often go unnoticed—until a letter shows up. These could be local business licenses, city-level sales taxes, or property taxes. They’re more minor but still significant.

At JTS Associates, we help sort it all out. We keep the calendar, file the paperwork, and ensure you stay compliant, so you can focus on running your business, not deciphering tax codes.