Making Change without Pennies

Rounding to the nearest $.05 increment has become a necessary practice for some businesses due to the low supply of pennies in circulation. This summer, Vermont businesses have been provided guidance on how they can apply nickel rounding to cash sales. Visit the Vermont Department of Taxes website for the guidance here: https://tax.vermont.gov/news/guidance-retailers-and-consumers-phase-out-penny-cash While rounding… Continue reading Making Change without Pennies