Are subscriptions taxable? Well, over the past few years, subscription box services have increasingly grown in popularity. Buyers sign up for regular delivery of everything from food, makeup, music, books, pet supplies, flowers, clothes and more. This industry has ridden the wave of eCommerce and the growing expectation among shoppers that much of what they want to buy can come right to their door.
2 min read
Why So Many Filing Frequencies?
When attempting to manage your sales tax obligations across many different states, one of the first things to hit you will be the dizzying number of deadlines you must follow when filing sales tax returns. Due dates can include the 7th, 10th, 15th, 20th, 30th and the last day of the month.
Topics: sales tax compliance sales tax filing
3 min read
Prices, Shipping, Growth: New Trends in E-Commerce
How much are consumers spending online, and what do merchants pay for shipping in relation to the overall revenue from those e-commerce orders?
Topics: sales tax compliance sales tax filing
3 min read
The Growth of E-Commerce and Your Sales Tax Obligation
Is it just your imagination or is e-commerce expanding every year?
Topics: sales tax compliance sales tax filing
3 min read
Marketplace Facilitator Sales Tax Obligations | TaxConnex
Amazon, eBay and Etsy are more than household names. In the world of sales tax, they’re major marketplace facilitators.
Topics: sales tax compliance sales tax filing
5 min read
What's New in Sales and Use Tax?
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 filing
1 min read
Sales Tax Complexity Snapshot: Chicago
Sales tax is complex for any business selling into multiple states. But there are specific states and jurisdictions that make it extra confusing for those trying to maintain compliance. One such location is Chicago, Illinois.
Topics: sales tax compliance sales tax filing
2 min read
Resale Certificates: What They Are and How to Use Them
An exemption certificate is used to exempt an otherwise taxable transaction from sales tax. The most common exemption certificate is a resale exemption certificate (aka a resale certificate). In the absence of a valid resale certificate, an auditor is likely to assume the transaction was taxable. As a result, it’s critical for the seller to maintain copies of these resale certificates in the event of an audit.
Topics: sales tax compliance sales tax filing
5 min read
Taking a Look at Sales Tax Exemptions and Why They're Important
Taking advantage of sales and use tax exemptions can save your business money and headaches. But exemptions can be harder to secure in some states than in others.
Topics: sales tax compliance sales tax sales tax filing
4 min read
7 Steps to Make an Easy Transition to a New Sales Tax Outsourcing Provider
We are approaching the three-year mark of the introduction of economic nexus and the South Dakota v. Wayfair decision. In order to address their expanding sales tax obligation, many businesses decided to outsource the sales tax process and chose an “automated” solution. If you are one of these businesses, you may now realize that much of the sales tax process falls on your shoulders.
Topics: sales tax compliance sales tax filing
3 min read
Sales Tax Compliance: Automated Returns or Service Provider?
This time of year, everybody’s mind is on income tax preparation. And for many accountants and CPA firms, this time of year means extra-long hours and more time spent managing clients’ finances.
The fact is, when it comes to many companies’ federal and state income tax returns, they don’t rely on an automated income tax return. They turn to experts. Either those that they’ve hired internally or the trusted CPA firm they’ve utilized for years.
Topics: sales tax compliance sales tax filing
3 min read
5 Steps to a Complete Sales Tax Filing Process
Sales tax is more complicated than ever, especially in a post-Wayfair world. And what’s worse is that everyone who says they’re simplifying sales tax is still leaving the hardest parts – and the liability – up to you. Don’t let sales tax compliance overwhelm you. Make the right decisions for your business so you can best manage compliance in a way that doesn’t overburden your finance team or put your business at risk of penalties and fees.
Topics: sales tax compliance sales tax filing
4 min read
How to File Sales and Use Tax | Filing Sales Tax Returns
When looking at all that goes in to maintaining your business’s compliance in sales tax, the filing of your returns is often seen as one of the easiest tasks. Yet, that doesn’t mean there aren’t things that can trip you up in the process.
Topics: sales tax compliance sales tax filing
4 min read
How the Sales Tax Picture is Changing During the Pandemic - and Beyond
This article was written for the Atlanta Business Chronicle Leadership Trust. To see the original post, click here.
The coronavirus has upended just about every aspect of life and business. We are all adjusting to a new way to work, live, shop and more, and it is hard for us to imagine when life will go back to normal, or how many of these changes will stay with us into the future.
Tax collection is one of the many things that has changed a lot recently, starting with postponements to file and pay income taxes at the federal level and in most states.
For sales and use taxes, some states implemented various forms of relief. This included extensions to file returns, tax payment deferral, and waivers of penalties and interest in some situations. But now that most of these extensions and waivers have expired, what does this mean for your business?
Topics: sales tax compliance sales tax filing
3 min read
Reminder: Deferred Deadlines Looming for Sales Tax Filing
Weeks ago, state tax authorities lent a hand to companies ravaged by the pandemic and postponed sales-tax filing and payment deadlines. But that extra time is about to run out.
Topics: sales tax compliance sales tax news sales tax filing
5 min read
Establishing a Sales Tax Compliance Filing Process
You’ve established you have nexus in multiple states, and understand the taxability of your products and services, now what?
.png?width=1200&height=628&name=2023%20logo%20with%20SOC%20and%20clearly%20rated%20(2).png "2023 logo with SOC and clearly rated (2)")