3 min read

State Benefiting from Economic Nexus During the Pandemic

By TaxConnex on Thu, Sep 17, 2020 @ 11:00 AM

States are still reeling in sales tax deficits brought on by the economic downturn during the pandemic, but the addition of economic nexus has appeared to have somewhat alleviated the deficits. States are starting to see an increase in online sales tax collections as more and more people remain online for work and shopping. 

Topics: sales tax south dakota vs. wayfair
8 min read

6 (Not So) Simple Steps to Sales Tax Compliance

By TaxConnex on Tue, Sep 15, 2020 @ 11:00 AM

Sales tax is complicated. Many sales tax companies will tell you it’s simple with their solution, but when you take a look at all that goes in to compliance – you will understand that no technology can fully automate or manage sales tax without a good bit of project management from your side 

Topics: sales tax compliance sales tax
3 min read

COVID Surcharges and Sales Tax

By TaxConnex on Thu, Sep 10, 2020 @ 11:00 AM

Lost sales, expenses for cleaning, more time and money for employee protection and training are just some of the reasons for businesses to claim they now have to charge extra to pay for responding to the pandemic (aka, “COVID surcharges”). In many places and for many industries these charges have become commonplace.

Topics: sales tax compliance sales tax
4 min read

Recent State Sales Tax Developments

By TaxConnex on Tue, Sep 08, 2020 @ 11:00 AM

A review of what’s been happening and updates states have made in sales & use tax so far in 2020.

Topics: sales tax sales tax news
1 min read

Instacart Sued For Not Charging Sales Taxes

By TaxConnex on Thu, Sep 03, 2020 @ 11:00 AM

The District of Columbia attorney general is suing grocery-delivery service Instacart for failing to pay hundreds of thousands of dollars in District sales tax.

Topics: sales tax sales tax news
1 min read

No Hike in Wyoming’s Sales and Use Taxes For Now

By TaxConnex on Tue, Sep 01, 2020 @ 11:00 AM

Wyoming lawmakers have declined to move forward with two bills to increase and broaden the state’s sales and use taxes, news outlets said.

Topics: sales tax sales tax news
7 min read

Address the Mess: Looking into the Complexities of Sales Tax

By TaxConnex on Thu, Aug 27, 2020 @ 11:00 AM

When it comes to sales tax, most businesses fit into one of three categories:

Topics: sales tax compliance sales tax
3 min read

2020 Sales Tax Updates

By TaxConnex on Tue, Aug 25, 2020 @ 11:00 AM

It’s been quite the year as many businesses and lives have been put on hold. But one thing that hasn’t stopped is the need to collect and remit sales tax. Even in the midst of a pandemic, sales tax updates have continued to happen. In this blog, we will take a look at some of the major sales tax developments that have happened so far in 2020.

Topics: sales tax compliance sales tax
3 min read

Taking a Look at the Exemption Certificate

By TaxConnex on Thu, Aug 20, 2020 @ 11:00 AM

A key document of sales & use tax is the exemption certificate.

Topics: sales tax compliance sales tax
3 min read

The ABCs of Sales Tax

By TaxConnex on Tue, Aug 18, 2020 @ 11:00 AM

Sales tax nexus is the basis for all your sales tax decisions. Without nexus, you have no further obligation to a state. If you do have sales tax nexus, then you need to dig a bit deeper and understand if your products and/or services are taxable. If they are, and you have nexus within a state that charges sales tax, in most instances you should register and start collecting sales tax. Simple right? Not so much.

Topics: sales tax compliance sales tax
15 min read

How Personnel Decisions Now Affect Your Nexus Later

By TaxConnex on Thu, Aug 13, 2020 @ 11:00 AM

The pandemic has changed the business world. But for how long? And what might happen to sales and use tax obligations when what were supposed to be temporary business-continuation measures harden into just the new way of working and doing business? 

 

Topics: sales tax nexus sales tax
3 min read

Is a VDA Right for Your Business?

By TaxConnex on Tue, Aug 11, 2020 @ 11:00 AM

Is a Voluntary Disclosure Agreement right for you? Voluntary Disclosure Agreements (VDAs) can be an effective tool in mitigating prior period sales tax exposure, however it may not always be the best solution.

Topics: sales tax VDA
1 min read

6 Easy Steps to Switching Your Sales Tax Compliance Provider

By TaxConnex on Thu, Aug 06, 2020 @ 11:00 AM

Is your outsourced sales tax compliance vendor making your life easier? It's a simple question, and if your answer is anything but yes, it may be time for a change. Sales tax compliance comes with a lot of complexity and liability. You shouldn’t be paying someone to do it for you but still managing the brunt of the headaches.

Topics: sales tax compliance sales tax
3 min read

Is Nexus Greener on the Other Side? Sales Tax in the U.S. vs Europe

By TaxConnex on Tue, Aug 04, 2020 @ 11:00 AM

Ever-changing thresholds, intensifying audits, some 12,000 taxing jurisdictions: No online business needs to be told how complex America’s sales tax burden can be.

Topics: sales tax nexus sales tax
16 min read

The Top 5 Misconceptions of Sales Tax Nexus

By TaxConnex on Thu, Jul 30, 2020 @ 11:00 AM

The complexity of sales tax has grown immensely in the last two years with the introduction of economic nexus due to the South Dakota vs Wayfair case You would think after two years things would have gotten easier, but that’s not really the case. Because of this, many businesses still have misconceptions about how Wayfair might affect them  not to mention cost them money and headaches. 

Topics: sales tax compliance sales tax
10 min read

Sales Tax M&A: Mitigation Options

By TaxConnex on Tue, Jul 28, 2020 @ 11:00 AM

Due to the pandemic, many businesses are in a precarious position relative to long-term survival. Some companies who previously were doing well are now in a situation in which a merger or acquisition could be their only way to survive.  No matter your situation, understanding how sales tax obligations could hinder your sale is important for any business involved or thinking about merging or being acquired

Topics: sales tax compliance sales tax