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How Much Does a Missouri Sales & Use Tax Bond Cost?
The cost of a Missouri sales and use tax bond starts at $100 and increases based on the bond amount. The required bond amount is based on the business’s tax liability. Instead of paying the full amount required by the state, you can purchase your bond through an authorized surety company by paying a bond premium.
Our surety company has proudly provided Missourians with the surety bonds they need for over a decade. Bond rates from 1% to 10% are available. Your bond rate is determined by several qualifying factors, including your credit scores, professional experience and financial assets.
More than 99% of our valued customers qualify for the surety bond they need. We work with applicants with all credit scores. Applicants receive a 1% to 3% rate with a 700 credit score. For example, the cost of a $20,000 bond with this credit score is between $200 and $600.
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Surety Bond Cost Based on Credit Score |
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Surety Bond Name |
Surety Bond Amount |
Over 700 |
Between 600 - 699 |
Below 599 |
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Missouri Sales and Use Tax Bond (example) |
$20,000 |
$200 - $600 |
$600 - $1,000 |
$1,000 - $2,000 |
How to Get a Missouri Sales & Use Tax Bond
1. Submit Your Bond Application
Through our three-step process, buying your Missouri sales and use tax bond is easy to do. Often, applicants can complete these steps and get the bond they need in one day. The first step is to complete the online application.
2. Get Your Bond Quote
After applying for your bond, your application will be reviewed immediately. Typically, our customers receive a bond quote within minutes. However, for more complex applications, a bond quote will be available within 48 hours.
Carter applied for a sales and use tax bond through our website and received a quick bond quote. After reviewing the quote, he paid the bond premium online and received his bond on the same day. Today, Carter is selling his goods to customers throughout Missouri.
3. Purchase Your Bond
To complete your surety bond purchase, make your premium payment online. Upon doing so, we will prepare the bond and email it to you quickly. If you require a mailed copy of the bond, please let us know.
Our friendly surety bond specialists are available to answer your questions and help you with your bond purchase. For assistance from our team, contact us online or by phone at (877) 514-5146.
Apply for a free no-obligations quote on your surety bond!
Sales Tax & Use Bond Requirements in Missouri
In Missouri, the required sales and use tax bond amount is calculated by tripling the monthly tax liability. This liability is estimated by multiplying the expected monthly gross sales by the applicable sales tax rate.
For example, if monthly gross sales are $10,000 and the sales tax rate is 7%, the monthly tax liability is $700. The bond amount is $700 x 3, or $2,100.
The bond may be canceled by the surety company at any time. However, the surety company must provide a 60-day written notice to the Department of Revenue.
The obligee for the sales and use tax bond is the Department of Revenue. The department can make a demand against the bond for one year after the expiration date for tobacco, cigarettes and motor fuel sales. A 3-year period applies to employer withholding and unemployment taxes.
The bond premium is due annually. We will contact you with payment and renewal instructions prior to the due date each year.
How to Get Your Sales Tax & Use License in Missouri
The Missouri Department of Revenue is the responsible authority for sales tax and use requirements. Any business making sales of taxable services or tangible property must obtain a sales tax license. Businesses that pay corporate taxes or that withhold employee taxes must also have a license.
To apply for a license in Missouri, you must provide:
For more information about the sales tax and use requirements in Missouri, contact:
Missouri Department of Revenue
301 W. High Street
Jefferson City, MO 65101
Phone: (573) 751-4450
It's FREE. No Obligations. Approval in Minutes.
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What Our Clients Have To Say?
Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!
Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!
