TaxConnex Announces the Publication of “A Handbook to Sales Tax Issues”

TaxConnex, America’s leading independent provider of sales and use tax outsourcing and sales tax consulting services, announces the publication of a new article series entitled “A Handbook to Sales Tax Issues” authored by TaxConnex Partner, Brian Greer, and directed to the small and mid-market business community.

The uniqueness of this series is that it is written for the lay person that doesn’t speak ‘sales tax’. It is designed for the accounting professional who has had sales tax dropped on their desk or the tax person that has been newly appointed to sales tax.

Brian Greer sums it up; “We’ve found that small and mid-sized businesses that lack an internal sales tax expert often struggle with a similar set of issues. These common issues are internet sales tax, sales tax nexus, exemption certificate management, and the Streamlined Sales Tax Agreement, just to name a few. This new series of articles will tackle each of these issues individually, giving the reader fresh insight and a working knowledge of each topic."

Following is an excerpt from the first article in the series, “Internet Sales: Amazon Laws, Affiliate Nexus, and Click-Through Nexus”:

"Today, when my daughter asks me about sales tax, my explanation is a bit more in-depth than the one I received as a child. I tell her "Honey, the retailer, acting as an agent of the state, collected and remitted sales tax on your purchase. If you had purchased those Milk Duds from an internet retailer that hasn't established nexus in our state, then the retailer would not have been responsible for collecting the tax. In that case, you’d have to self accrue the tax and report it as use tax on your state income tax return. Unless you bought the Milk Duds in a state that has passed an "Amazon" law and then the internet retailer would have to collect and remit the sales tax if they had affiliate relationships in the state. Even then, depending on where you are, the retailer might have to send you and the state an accounting of your purchases." Not quite as simple as it used to be."

The series can be viewed on the TaxConnex website at http://www.taxconnex.com. Each month a new installment in the series will be published.

About TaxConnex
TaxConnex is America’s leading independent sales and use tax outsourcing and consulting firm. Using a team of experienced tax and accounting professionals, TaxConnex provides sales tax outsourcing, sales tax consulting and telecom tax service to businesses of all sizes with a focus on technology companies, small and mid-sized businesses, and VoIP providers. TaxConnex provides a complete set of highly customer intimate services including end-to-end compliance, data analysis, remittance, reporting, notice resolution, question handling, proactive suggestions, straightforward advice, and audit support. TaxConnex is your “on-call” Sales & Use Tax Department.