5 min read

LEAP into Compliance in 2024

By Robert Dumas on Thu, Feb 29, 2024 @ 11:00 AM

Happy Leap Day! While not at all related to sales tax, we thought that as we spend a day to align our seasons and the Earth’s orbit of the sun, we should also discuss how to ensure your processes align with maintaining sales tax compliance in 2024!

Topics: sales tax compliance sales tax
3 min read

In ongoing accounting crunch, where to go for sales tax help?

By Robert Dumas on Tue, Feb 27, 2024 @ 11:00 AM

Your sales tax obligations depend on knowledge and that knowledge often resides in a professional tax specialist (usually an accountant) who helps your company meet its sales tax obligations.

Topics: sales tax compliance sales tax CPA
3 min read

The changing state of e-commerce

By Robert Dumas on Thu, Feb 22, 2024 @ 11:00 AM

Not long ago, clicking a computer mouse to buy something was an idea of science fiction. Today, of course, e-commerce is how a significant amount of shopping takes place in general. Capital One reports that global e-commerce retail sales will hit some $6.91 trillion this year, up 9.5% from total e-commerce retail sales in 2023.

Topics: sales tax compliance sales tax retail ecommerce
2 min read

5 Key Findings from Our Annual Survey of Financial Professionals and The Impact of Sales Tax On Their Business

By Robert Dumas on Tue, Feb 20, 2024 @ 11:27 AM

At the beginning of January we announced the release of our annual sales tax survey. This year’s results provided insights into how businesses are managing the complexities of sales tax and how they are being impacted by economic and regulatory structures. The nationwide survey, conducted by In90Group in November of 2023, is composed of responses from 100 top finance professionals in a variety of industries regarding their thoughts and experiences in managing sales tax. 5 of our key findings relating to the impact of sales tax are below:

Topics: sales tax compliance sales tax sales tax news
5 min read

What's new in sales tax?

By Robert Dumas on Thu, Feb 15, 2024 @ 11:55 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.

Topics: sales tax compliance sales tax sales tax news
2 min read

The Current State of Managing Sales Tax Obligations

By Robert Dumas on Tue, Feb 13, 2024 @ 11:00 AM

To help financial leaders better understand what their peers are doing when it comes to sales and use tax in 2024, TaxConnex® conducted its fourth annual sales tax survey in November of 2023. More than 100 financial leaders from different industries and from a wide range of sizes responded. Their responses are included in the following blog.

Topics: sales tax compliance sales tax CPA
3 min read

Hot Topics: Sales Tax Rates

By Robert Dumas on Thu, Feb 08, 2024 @ 11:17 AM

Sales tax compliance depends on many factors. One of the most important – and the most incessantly changing – is the tax rates that America’s thousands of jurisdictions impose.

Topics: sales tax compliance sales tax
6 min read

6 Sales Tax Filing Mistakes Businesses Commonly Make

By Robert Dumas on Tue, Feb 06, 2024 @ 11:20 AM

Sales tax is not something top of mind for most executives, but it is something that the majority of businesses will have to manage at some level. No matter the size of your business, if you are selling a taxable product or service and establishing nexus in specific states or jurisdictions, then you have a sales tax obligation. While it is not meant to be a burden on the seller, many businesses have been left scrambling to understand how to manage the complex process of sales tax compliance. There are many moving parts and as states continue to make adjustments to their statutes, it is important to stay in the know.

Topics: sales tax compliance sales tax
4 min read

The over-and-over process of sales tax compliance

By Robert Dumas on Thu, Feb 01, 2024 @ 11:36 AM

Well, it’s Groundhog Day ... again ... – Phil Connors, Groundhog Day

Topics: sales tax compliance sales tax
2 min read

Hot Topics: Sellers and marketplace facilitators

By Robert Dumas on Tue, Jan 30, 2024 @ 11:24 AM

Every now and then something comes along that transforms sales tax. The 2018 Wayfair decision was such a milestone. Another was the advent of the likes of marketplace facilitators such as Amazon, Etsy and eBay, among others.

Topics: sales tax nexus sales tax compliance sales tax economic nexus ecommerce
2 min read

Hot Topics: Taxability

By Robert Dumas on Thu, Jan 25, 2024 @ 11:12 AM

Clients often ask us, “How often should we evaluate the taxability of our products?” An annual review should work. Most states change their sales tax rate laws on either Jan. 1 or July 1, by the calendar year or by the fiscal year.

Topics: sales tax compliance sales tax taxability sales tax news
4 min read

3 additional considerations for SaaS on managing sales tax obligations

By Robert Dumas on Tue, Jan 23, 2024 @ 11:20 AM

Sales and use tax generally applies to the sale or use of tangible personal property and certain services. Since software, and especially Software-as-a-Service, may not be delivered in a tangible form, many technology and software companies have considered themselves exempt from sales and use tax. But this is not always the case. In fact, many states impose sales and use tax on services provided by the technology industry.

Topics: sales tax compliance sales tax software SaaS
3 min read

Hot Topics: Economic Nexus Thresholds and Reporting Requirements

By Robert Dumas on Thu, Jan 18, 2024 @ 12:08 PM

What’s the latest brewing today in sales tax? A lot, spanning many hot topics – and if you can believe it, not all the news is bad.

Topics: sales tax compliance sales tax sales tax news economic nexus
3 min read

Complexities of SaaS Taxability

By Robert Dumas on Tue, Jan 16, 2024 @ 11:52 AM

Do you sell software-as-a-service (SaaS)? Then you already have one of the most complicated situations in sales tax.

Topics: sales tax compliance sales tax SaaS
3 min read

TikTok Shop and sales tax

By Robert Dumas on Thu, Jan 11, 2024 @ 11:35 AM

Business explosions are often followed by money-making opportunities within those businesses. With TikTok, the red-hot display showcase of short videos and influencers with more than a billion monthly active users, that opportunity takes the form of TikTok Shop.

Topics: sales tax compliance sales tax shopify tiktok
3 min read

The Impacts of Managing Sales and Use Tax Obligations on Financial Professionals – Our 4th Annual Survey Results to be Released

By Robert Dumas on Tue, Jan 09, 2024 @ 11:01 AM

We are excited to announce the completion of our fourth annual sales tax survey.

Topics: sales tax compliance sales tax CPA