2 min read

Accounting firms and sales and use tax advising: Perfect together?

By Robert Dumas on Tue, Nov 22, 2022 @ 02:05 PM

In our blog last week, we looked at how sales and use tax advisory services might be a good new field for CPAs and accounting firms. How can they go about making the move?

Topics: sales tax compliance sales tax CPA
3 min read

Don’t let Black Friday blind you to sales tax obligations

By Robert Dumas on Thu, Nov 17, 2022 @ 11:00 AM

Holiday shopping season is here again – and eCommerce looks to be bigger than ever. But retailers looking forward to perhaps record online sales have to remember how to comply with widely divergent sales tax regulations.

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

Can accounting firms move into sales tax advising?

By Robert Dumas on Tue, Nov 15, 2022 @ 11:00 AM

Many certified public accountants (CPAs), enrolled agents and other tax preparers and professionals that run accounting and tax preparation firms are constantly looking for new advisory avenues to service clients.

Topics: sales tax compliance sales tax CPA
2 min read

Sales tax and crypto: Latest developments

By Robert Dumas on Tue, Nov 08, 2022 @ 01:03 PM

Most of us are familiar with the scrutiny placed on cryptocurrencies by the IRS. The next federal 1040 has an even longer set of probing questions about crypto transactions.

Topics: sales tax compliance sales tax taxability
4 min read

Sales tax concerns if you sell through multiple channels

By Brian Greer on Tue, Nov 01, 2022 @ 12:19 PM

This article was originally featured in the Retailist on October 3rd, 2022.

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

Tricky items for sales tax (Part 3)

By Robert Dumas on Thu, Oct 27, 2022 @ 11:22 AM

Our Halloween-month look at tricky items concludes with a natural: candy.

Topics: sales tax compliance sales tax taxability
4 min read

What was new in September for state sales and use taxes

By Robert Dumas on Tue, Oct 25, 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 sales tax news
2 min read

Deadlines, Deadlines, Deadlines...Understanding the Nuances to Maintaining Your Sales Tax Calendar

By TaxConnex on Wed, Oct 19, 2022 @ 11:00 AM

Sales tax, unlike other types of taxes, has many deadlines, not once or twice a year, but often every month and it doesn’t fall on the same day for every business, or state.

Topics: sales tax compliance sales tax
3 min read

Tricky items for sales tax (Part 2)

By Robert Dumas on Tue, Oct 18, 2022 @ 11:00 AM

Our Halloween-month look at tricky items for sales tax continues here with a few items it’s hard to live without…

Topics: sales tax compliance sales tax taxability
3 min read

Tricky items for sales tax

By Robert Dumas on Thu, Oct 13, 2022 @ 11:18 AM

We’re fond of saying that nothing’s ever easy in sales tax. And here we’ll kick off our run toward Halloween with a look at one of the newest and trickiest areas of sales tax: electric vehicle chargers and charging.

Topics: sales tax compliance sales tax taxability
4 min read

M&A negotiations and sales tax liability

By Robert Dumas on Thu, Oct 06, 2022 @ 11:00 AM

It’s a common scenario: A company has decided to sell, then due diligence turns up a $2 million risk in past sales tax obligations and compliance. The buyer looks to secure against the risk via escrow – on the conservative, high side – and requires the seller to mitigate the risk.

Topics: sales tax compliance sales tax
4 min read

How to manage sales tax obligations

By Robert Dumas on Tue, Oct 04, 2022 @ 11:05 AM

So you’ve done the smart thing and determined that your company has sales tax obligations in various states. That’s a great first step. Now you must collect, file, and remit sales tax in multiple states.

Topics: sales tax compliance sales tax
4 min read

Risks of misunderstanding the impact of economic nexus

By Robert Dumas on Tue, Sep 27, 2022 @ 04:18 PM

By now most businesses that sell online have heard about nexus, the connection that a company has with a jurisdiction that ignites a sales tax obligation. Nexus can be economic and based on a threshold of sales volume in a given time. Nexus can also be physical, created by inventory, employees or reps in a state or jurisdiction.

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

What was new in August for state sales and use taxes

By Robert Dumas on Thu, Sep 22, 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 sales tax news
3 min read

How not to tank your sales tax audit (part 2)

By Robert Dumas on Tue, Sep 20, 2022 @ 11:00 AM

The sales tax audit can be one of the scariest – and costliest -- things an online business ever goes through. If you do get hit with an audit, it’s critical to handle the process correctly.

Topics: sales tax compliance sales tax audits
4 min read

How not to tank your sales tax audit (part 1)

By Robert Dumas on Thu, Sep 15, 2022 @ 11:00 AM

If you are a business that must collect and remit sales tax, an audit is probably one of your biggest fears. Rightly so: Sales tax audits can find fault with a variety of your operations and can cost you big– if the determination goes against you.

Topics: sales tax compliance sales tax audits