Notices are a way for taxing jurisdictions to get in touch with you. Monitoring and responding to notices as well as making the corresponding adjustments or taking the prescribed actions is one of the many pieces of your sales tax compliance process. A very important piece in fact, as ignoring a notice can put you and your business in hot water, opening the door to additional penalties and fees. So who is managing your sales tax notices?

Sales tax audit changes have occurred over the last several years, post-Wayfair. Prior to Wayfair, a significant component of sales tax audits was focused on use tax. Specifically, tax due on purchases that were not charged since the vendor did not have nexus in the state of the sale.

Maintaining sales tax compliance documentation is crucial for businesses to ensure smooth and successful audits. Proper documentation allows auditors to interpret and verify your financial transactions accurately. Unfortunately, many businesses find themselves unprepared when faced with an audit, lacking the necessary documentation. This can lead to auditors assuming transactions are taxable, or making historical projections or arbitrary assessments of taxable sales. 

Knowing when and where you have sales tax obligations is a key part of compliance. And understanding your taxability – especially if you don’t sell just tangible personal property (TPP) – is key to getting the right sales tax rates on transactions.

You may think your business is in full compliance with your sales tax obligations nationwide – and you may well be – but America’s 13,000-plus sales tax jurisdictions love to send notices. And without the right correspondence or adjustments due to these notices, you could be in hot water.

Sales tax compliance has many moving parts, not just in the filing but in everything that goes into making sure you stay on the legal side of the jurisdictions where you have sales tax nexus.

We hear a lot about nexus and various thresholds... but what is a tax situs?

There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of June's tax highlights and changes.

Mergers and acquisitions suffered a slump right after the pandemic but are rebounding. There are tens of thousands of such deals annually in the U.S. even in a slow year (often driven lately, observers remark, by big paydays for the deals’ principals).

The landmark 2018 Supreme Court decision transformed state sales tax for online businesses, and it continues to do so. Wayfair isn’t going anywhere.

Six years ago this Friday, the U.S. Supreme Court decided, narrowly, to complicate life for online sellers.

It seems like yesterday when only physical nexus ignited a company’s sales tax obligations in a state. Six years ago this month, that changed with one court decision.

Do you need a state sales tax permit? How about a sales tax license? How about a sales tax certificate of authority? Did you know they’re all the same thing? How do you spell “FEIN” anyway, and when do you need one to sell into a state?

Streamlining your sales tax compliance process doesn't just reduce your exposure to risk and save valuable time — it also instills a sense of security. Yet, making the wrong choice in selecting a partner can lead to unforeseen and escalating expenses.

After you’ve been fielding your filing and remittance obligations for a while, sales tax can seem simple: Charge it to the customer, collect it and send it back to the state when you file your sales tax return. Easy enough.

Managing your sales and use tax and property tax obligations is a necessary evil for most businesses, creating heavy time and expense burdens on internal tax and accounting teams. As complications in managing SALT compliance continue to grow, many businesses have looked to outsourcing tax compliance to these functions. Outsourcing SALT compliance can be quite beneficial for many businesses, relieving them of time-consuming tasks and potentially saving them money as well.