3 min read

Gross vs. taxable sales: Which count toward economic nexus?

By TaxConnex on Thu, Jun 30, 2022 @ 03:07 PM

Determining your sales tax obligations hinges on if your products or services are taxable and whether you have sales tax nexus which can be defined as either a physical presence or economic presence. That by itself is confusing enough, and unfortunately it gets more confusing.

Topics: sales tax compliance sales tax taxability
2 min read

The 'XYZ Letter' and your sales tax compliance

By TaxConnex on Tue, Jun 28, 2022 @ 11:32 AM

Complying with your sales tax obligations involves a lot of variables – your nexus, taxability of your products, type of customer you are selling to, etc. Another key factor that effects your sales tax obligations is related to exempt transactions and exemption certificates.

Topics: sales tax compliance taxability sales tax filing
6 min read

Four years since Wayfair: A trend takes hold

By Robert Dumas on Tue, Jun 21, 2022 @ 11:00 AM

What a 48 months it’s been.

Topics: sales tax compliance south dakota vs. wayfair economic nexus
4 min read

Are travel services taxable?

By Robert Dumas on Thu, Jun 16, 2022 @ 02:17 PM

Summer vacation season is here – and it’s yet another area where sales tax shows up.

Topics: sales tax compliance taxability economic nexus
3 min read

Gross vs. taxable sales: Which count toward economic nexus?

By Robert Dumas on Tue, Jun 14, 2022 @ 11:00 AM

Determining your sales tax obligations hinges on if your products or services are taxable and whether you have sales tax nexus which can be defined as either a physical presence or economic presence. That by itself is confusing enough, and unfortunately it gets more confusing.

Topics: sales tax compliance taxability economic nexus
8 min read

What's new in May for state sales and use taxes

By Robert Dumas on Thu, Jun 09, 2022 @ 11:31 AM

What’s new in May for state sales and use taxes

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

Multi-channel selling sales tax: Marketplace facilitators

By Robert Dumas on Tue, Jun 07, 2022 @ 11:00 AM

The exploding world of eCommerce has put a new player front and center: the marketplace facilitator.

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

Multi-channel selling sales tax: Wholesalers and Drop Shipping

By Robert Dumas on Thu, May 26, 2022 @ 11:00 AM

Sales of tangible personal property (TPP) are presumed to be taxable unless specifically identified as not taxable. However, certain exemptions could apply making the sale of TPP exempt from sales tax in some situations. An exemption could be related to the type of business that is buying the TPP – a non-profit or government entity in certain states for example. But the most common type of exemption is a resale exemption and is applicable to wholesale transactions.

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

Multi-channel selling sales tax: Direct/retail sales

By Robert Dumas on Tue, May 24, 2022 @ 11:00 AM

Taxable sales of products direct to end users has been a staple of business for ages. One relatively new development is the complex overlay of sales tax on these transactions.

Topics: sales tax compliance sales tax calculation economic nexus
4 min read

States with local economic nexus - a review

By Robert Dumas on Thu, May 19, 2022 @ 10:58 AM

Given the complexity that already exists regarding sales tax, it’d be great if states were the only jurisdictions that levied them.

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

Trends: Are sourcing rules changing (and making anything easier)?

By Robert Dumas on Tue, May 17, 2022 @ 11:46 AM

“Sourcing” or as we often call it, situsing, is key when you determine sales tax obligations: It refers to the location where a sale is taxed. According to the Sales Tax Institute there may be changes on the horizon– and though the aim appears to lean towards improving life for remote sellers, the changes only seem to make meeting sales tax obligations harder.

Topics: sales tax compliance economic nexus registrations
3 min read

5 Crucial Pieces of Your Sales Tax Compliance Filing Process

By Robert Dumas on Thu, May 12, 2022 @ 11:00 AM

Once you’ve determined your requirement to collect and remit sales tax, you’ve set-up a process to charge sales tax, and you have registered with each required state, you need to consider how you will manage the return filing process.

Topics: sales tax compliance sales tax filing
3 min read

What’s new: state sales and use taxes

By Robert Dumas on Tue, May 10, 2022 @ 11:00 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 news
4 min read

5 Common Sales Tax Mistakes That Can Put You At Risk for Non-Compliance

By Robert Dumas on Thu, May 05, 2022 @ 11:54 AM

You’re trying to run a business and sales tax is not at the forefront of your plans. Nevertheless, you can do a quick check for the most common errors. Make sure you aren’t making these common mistakes to ensure you have sales tax in order and aren’t at risk for penalties and fees in the case of an audit.

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

Top Reasons to Change an Outsourced Sales Tax Provider

By Robert Dumas on Tue, May 03, 2022 @ 11:15 AM

From time to time, sales tax outsourcing relationships fail to work properly, and a change is necessary.

As the sales tax outsourcing relationship progresses over time, sales and marketing messages give way to the realities of the operational relationship.  Changes in ownership, staff or operations can affect provider performance or client needs.  Let’s take a look at some of the major beefs that respondents had with their sales tax providers based on a survey TaxConnex conducted of financial professionals at the end of 2021. 

Topics: sales tax compliance sales tax
5 min read

The new breed of audit

By Robert Dumas on Thu, Apr 28, 2022 @ 11:30 AM

In years past, auditors could show up at your door asking to look at your records. Now that’s much less common. Usually, you learn about an audit through a notice or letter from the state or jurisdiction in question with instructions on how the audit will proceed.  Many audits are conducted remotely, and an auditor never visits your office. Audits remain an important tool for tax jurisdictions to evaluate the level, or lack thereof, of sales tax compliance within a business. Even though many audits have shifted to remote audit, the fundamentals of the sales tax audit haven’t changed. 

Topics: sales tax compliance sales tax audits VDA
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