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
5 min read

The Risks and Repercussions of Non-Compliance

By Robert Dumas on Tue, Apr 26, 2022 @ 11:00 AM

Not paying attention to your sales tax obligations is never wise. 

True, it’s a relatively new requirement to collect sales and use tax from remote customers, but it’s one the taxman has always taken seriously from businesses – and that seriousness is only intensifying. 

It’s also mostly up to you to determine your sales tax obligation, and the rules for complying change frequently. A recent TaxConnex survey found that four out of five respondents were not confident about how their company handled its sales tax obligations.

Topics: sales tax compliance sales tax taxability economic nexus
6 min read

Crypto, NFTs and sales tax: What we know so far

By Robert Dumas on Tue, Apr 19, 2022 @ 11:00 AM

Sales tax has a universe of changing conditions. Now we can add more: cryptocurrency (such as bitcoin) and what seems to be its cousin, non-fungible tokens (NFTs).

Topics: sales tax compliance sales tax taxability
4 min read

The Evolving Taxability of SaaS

By Robert Dumas on Tue, Apr 05, 2022 @ 11:00 AM

Tangible personal property has historically been subject to the collection and remittance of sales tax while many services have been non-taxable (or exempt). More and more services are becoming taxable and represent a potential big wave of tax changes and updates in the years ahead.

Topics: sales tax compliance taxability SaaS
5 min read

Taxation of services

By Robert Dumas on Thu, Mar 03, 2022 @ 11:15 AM

Understanding the taxability of your company’s products or services is one of the key steps to complying with sales and use tax laws. In many situations, your “products” can be easy to classify: They’re usually tangible (in fact, a key sales tax definition is “tangible personal property”) and you charge sales tax on property unless it falls into an exemption category. 

Topics: sales tax compliance sales tax taxability
5 min read

Software, SaaS and Sales Tax

By Robert Dumas on Tue, Feb 22, 2022 @ 11:15 AM

If your business sells software or software-as-a-service (SaaS), you deal with one of the most complex sales tax situations, potentially without even realizing it.

Topics: sales tax taxability software SaaS
7 min read

What's New in State Sales and Use Taxes - Monthly Update

By Robert Dumas on Tue, Feb 08, 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 taxability
6 min read

Evolution of the Sales Tax Audit: Have Audits Changed with Economic Nexus?

By Robert Dumas on Thu, Feb 03, 2022 @ 11:00 AM

Sales tax has evolved a lot in recent years. So has the sales tax audit.

Topics: sales tax compliance taxability
4 min read

Online Ads: Who Taxes Them and Who Doesn't?

By Robert Dumas on Tue, Feb 01, 2022 @ 11:00 AM

One of the next big trends in sales tax is one you should start thinking about: states taxing digital advertising.

Topics: sales tax compliance taxability
3 min read

Excise Tax versus Sales Tax

By Robert Dumas on Tue, Oct 05, 2021 @ 11:00 AM

Soon after you start dealing with states’ sales tax, you’re going to also run into another term: excise tax.

What is excise tax? And is it different from sales tax?

Topics: sales tax compliance taxability
4 min read

What Happens if You Mess Up a Sales Tax Filing

By Robert Dumas on Thu, Sep 30, 2021 @ 11:00 AM

Last week we talked about all of the different filing frequencies and deadlines you have to manage with your sales tax obligation. If you missed that – check it out! But what happens if you accidentally miss one of those deadlines, or you didn’t realize your deadline had changed?

Topics: sales tax compliance taxability
2 min read

Understanding Your Sales Tax Obligations as a Technology or Software Company - A Checklist

By Robert Dumas on Tue, Sep 28, 2021 @ 11:00 AM

Sales and use tax generally applies to the sale or use of tangible personal property and certain services. Since software, and especially Software-as-a-Service, may not be delivered in a tangible form, many technology and software companies have considered themselves exempt from sales and use tax. But this is not always the case. In fact, many states impose sales and use tax on services provided by the technology industry.

Topics: sales tax compliance taxability
5 min read

The Pandemic's Impact on Businesses and Sales Tax: An Update

By Robert Dumas on Thu, Aug 19, 2021 @ 11:00 AM

This article was written for the Atlanta Business Chronicle Leadership Trust. To see the original post, click here

In the fall of 2020, I published an article on how the sales tax picture is changing due to COVID-19. Now that we’re over a year into the pandemic, I wanted to provide an update on the sales tax landscape, what predictions have remained the same and what’s changed.

Topics: sales tax compliance taxability
3 min read

The Enigma of Drop Shipments for Sales Tax Purposes

By Robert Dumas on Tue, Aug 17, 2021 @ 11:00 AM

Sales tax is full of complexities, but there are certain topics that seem to cause more of a headache than others. Drop shipments are one of those topics.

Topics: sales tax compliance taxability
2 min read

Video Conferencing: Has the Pandemic Created a New Taxation?

By Robert Dumas on Thu, Aug 05, 2021 @ 11:00 AM

Ever had a bad connection on a video conferencing platform? It can be a confusing and frustrating experience.

That’s a lot like understanding the taxes on videoconferencing services right now. With the recent boom of video conferencing brought on by the necessity of a way to meet during the pandemic, businesses and governments alike are trying to figure out how to best apply sales tax to these services, or if they are even taxable.

Topics: sales tax compliance taxability
3 min read

Legalization and Taxation of Cannabis

By Robert Dumas on Thu, Jun 17, 2021 @ 11:00 AM

Legalization of cannabis and how it would be taxed has been a discussion for many years. But as states continue to pass laws legalizing the sale of cannabis, the businesses trying to capitalize on the market are struggling with the complexities of taxation as it differs from other sales.  

Topics: sales tax compliance taxability
Content not found