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Does taxes automatically come out of our transactions?
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1 REPLY 1
You have to set up the taxes on your items, here is an article to help with that. https://squareup.com/help/us/en/article/5061-create-and-manage-your-tax-settings
Square keeps track of the taxes you have collected, but it is not separated from your daily deposits. It is up to you to follow whatever rules and payment plan your state has for sales tax collection and payment.