TaxConnex® is excited to announce the launch of a new client portal, Client Connexion. Client Connexion will provide a streamlined client experience and enhanced data security through an intuitive user interface and encrypted portal.
Recent posts by Robert Dumas
1 min read
TaxConnex Unveils New Client Portal for Improved Client Experience and Data Security
By Robert Dumas on Thu, Jun 08, 2023 @ 11:15 AM
Topics: sales tax compliance sales tax Now it's all on us
5 min read
5 tips for managing U.S. sales tax from overseas
By Robert Dumas on Tue, Jun 06, 2023 @ 10:55 AM
If you’re a company outside of the United States and you look to start selling into America, congratulations – the U.S. offers you a huge new market. It also offers complex sales tax obligations you may not know about.
Topics: sales tax nexus sales tax compliance economic nexus registrations
4 min read
Cancelling a sales tax registration
By Robert Dumas on Thu, Jun 01, 2023 @ 11:00 AM
Last time, we looked at trailing nexus and a few reasons you might want to cancel your sales tax registration with a state.
Topics: sales tax nexus sales tax compliance economic nexus registrations
3 min read
What’s trailing nexus? And why should you cancel your sales tax registration?
By Robert Dumas on Tue, May 30, 2023 @ 04:01 PM
You know all about reaching sales tax nexus: selling enough or having a physical presence in a tax jurisdiction sufficient to create a connection with that jurisdiction and create an obligation for you to collect and remit sales tax.
Topics: sales tax nexus sales tax compliance economic nexus
2 min read
10 steps to manage your sales tax obligations
By Robert Dumas on Thu, May 25, 2023 @ 11:54 AM
Sales tax is complex for businesses of all sizes. If you are a business with customers in multiple states, your scope and risk grows in accordance with the number of states and the sales tax complexities in those states. Sales tax obligations begin with whether you have nexus in a state or other locality. Nexus today largely stems from two main factors – a physical presence or economic presence. Once nexus has been established you must determine if your products/services are taxable. If you have nexus AND your products/services are taxable, then you likely need to register and comply.
Topics: sales tax compliance sales tax sales tax filing
2 min read
Loopholes and other odd sales tax rules, part 2
By Robert Dumas on Tue, May 23, 2023 @ 12:53 PM
Last time we looked at a sample of the strange sales tax laws regarding food, including a sliced bagel in New York. If only that was the only complex category concerning sales tax.
Topics: sales tax compliance sales tax taxability
3 min read
Loopholes and other odd sales tax rules, part 1
By Robert Dumas on Thu, May 18, 2023 @ 11:00 AM
Sales tax can be complicated, with rules that frequently change and disparate application across the nation’s thousands and thousands of tax jurisdictions.
Topics: sales tax compliance sales tax taxability
4 min read
5 Reasons to Outsource Your Sales Tax Compliance Process
By Robert Dumas on Tue, May 16, 2023 @ 11:00 AM
As you are likely aware, managing your sales and use tax obligations is not a small task. Ensuring you have the right people and processes in place is key to maintaining compliance and not putting yourself or your business at risk.
Topics: sales tax compliance sales tax CPA
3 min read
The latest on the NOMAD states
By Robert Dumas on Thu, May 11, 2023 @ 12:17 PM
A state has not added a statewide sales tax since Richard Nixon was in the White House. Vermont was the last to due so in 1969. There are five remaining states with no state level sales tax: New Hampshire, Oregon, Montana, Alaska and Delaware – often referred to as the NOMAD states.
Topics: sales tax compliance sales tax economic nexus
7 min read
5 Questions to Ask Yourself Before Distributing Sales Tax Obligations to Other Team Members After Losing a Key Employee
By Robert Dumas on Tue, May 09, 2023 @ 02:33 PM
Losing an important member of your finance team can leave a big hole in many business processes, especially if most of your accounting functions are managed in-house. But what happens when you lose the person managing your sales tax obligations? For most businesses in this scenario – there are three options:
Topics: sales tax compliance sales tax
4 min read
Charging sales tax based on an IP address
By Robert Dumas on Thu, May 04, 2023 @ 12:11 PM
When your customers shop with you online, they provide a physical billing or shipping address. Whether they know it or not, they also give you another bit of location information: an Internet Protocol (IP) address.
Topics: sales tax compliance sales tax software economic nexus
3 min read
Alaska moves toward statewide sales tax
By Robert Dumas on Tue, May 02, 2023 @ 11:00 AM
Alaska Gov. Mike Dunleavy is reportedly preparing to introduce a sales tax as part of a long-term budget plan for the state.
Topics: sales tax compliance sales tax sales tax news
2 min read
Selling Into the U.S. - Understanding How Customer Location Impacts Which Sales Tax Rates and Rules You Apply
By Robert Dumas on Wed, Apr 26, 2023 @ 11:00 AM
The United States has possibly the world’s most complex sales tax regime. This is because each state sets its own sales tax rules, and states often take widely varying approaches. As a result, each state has a different tax framework, with varying rules around everything from tax liability and tax rates to exemption categories and reporting requirements. On top of this, some local area tax jurisdictions also have powers over some aspects of taxation and can set different rules for their area.
Topics: sales tax compliance sales tax economic nexus
1 min read
TaxConnex Wins ClearlyRated's 2023 Best of Accounting Award for Service Excellence
By Robert Dumas on Tue, Apr 25, 2023 @ 11:00 AM
We are excited to announce that we have won the Best of Accounting Awardfor providing superior service to their clients. ClearlyRated's Best of Accounting® Award winners have proven to be industry leaders in service quality based entirely on ratings provided by their clients.On average, clients of 2023 Best of Accounting winners are more than 1.7 times as likely to be satisfied than those who work with non-winning firms. TaxConnex received satisfaction scores of 9 or 10 out of 10 from 90.8% of their clients, significantly higher than the industry’s average of 50% in 2022.
Topics: sales tax compliance sales tax CPA Now it's all on us
4 min read
Why are there so many due dates for sales tax?
By Robert Dumas on Thu, Apr 20, 2023 @ 11:00 AM
If you refer to “filing taxes” most people think of income tax with its annual filing requirement. State sales tax is another beast altogether, with a dizzying number of deadlines – and, potentially, serious consequences for missing one.
Topics: sales tax compliance sales tax sales tax news
5 min read
What’s new in sales tax?
By Robert Dumas on Tue, Apr 18, 2023 @ 11:47 AM
There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent changes and updates so far this year.