Summary:

  1. 60 Days: If your business exceeds the $100,000 in sales threshold at any point during the year (for either the current or prior year), you must register for sales tax collection within 60 days from the date you surpass this threshold.

  2. End of the Calendar Year: If you exceed the sales threshold later in the year (e.g., November or December), the state gives you until the end of the calendar year to register, even if that period is slightly shorter than 60 days. This ensures you're compliant by the end of the year.

  3. Example 1: If your business hits $100,000 in sales on June 1, 2023, you would need to register by July 31, 2023 (60 days after June 1).

  4. Example 2: If your business hits $100,000 in sales on November 15, 2023, the 60-day rule would extend your registration deadline to mid-January 2024. However, since this is beyond the end of the calendar year, you are required to register by December 31, 2023.