Looking Fit

Taxes

Paying taxes is part of life, but for indoor tanning salon owners, the amount of profit that goes to the government is dependent upon the salon’s location. Besides a national 10 percent tax on UV services paid to the IRS, salons also must pay the taxes established in their state or region. Careful record-keeping of the financials is a must, with many businesses opting to hire an accountant to ensure compliance.

Tan Tax IRS Public Hearing

A public tan tax hearing scheduled more than a year ago nearly slipped under the radar, save for a handful of devoted salon owners who showed up to represent the industry. ...More
October 13, 2011
Posted in Blog, Operations
Gov’t Report: Fewer Taxpayers Than Expected Are Paying Tanning Excise Tax

In an official report more than 20 pages long, the government recently acknowledged the tan tax has brought less revenue than anticipated. ...More
October 13, 2011
Posted in News, Operations
Tan Tax: Audit Techniques Guide

An audit techniques guide pertaining to the 10 percent excise tax on indoor tanning services is now available from the Internal Revenue Service. ...More
September 20, 2011
Posted in News, Operations
New IRS Tan Tax Video Available

The IRS has developed and posted to the IRS Video Portal the "Indoor Tanning Excise Tax" video. ...More
August 16, 2011
Posted in News, Operations
Gov't Deficit Could Block Tan Tax Repeal

Some people think a repeal of the tan tax is contingent upon spreading a pro-tanning message; in truth, the elephant under the microscope is the nation’s deficit crisis. ...More
July 19, 2011
Posted in Articles, Operations
IRS Tan Tax Letter & Repeal Update

The IRS mailed out thousands of tan tax non-compliance letters – to the wrong salons? ...More
June 15, 2011
Posted in Blog, Operations
Tan Tax Repeal Effort Launched

Bona fide legislation to repeal the tan tax has been introduced in Congress. ...More
June 3, 2011
Posted in News, Operations
IRS Mails Tan Tax Letters

The IRS mails out thousands of letters to tanning businesses suspected of still owing their 10% tanning taxes. ...More
June 2, 2011
Posted in Blog, Operations
Tan Tax Update

From Capitol Hill to the IRS to the University of Nebraska, the tan tax is still making its mark. ...More
May 30, 2011
Posted in Blog, Operations
Paying the Price for Tax Increases

Whether it’s at the hand of the feds or city and state legislators – new taxes aren’t a budget deficit cure-all; they’re more often an exercise in futility. ...More
April 25, 2011
Posted in Blog, Operations