Robert Dumas will be a featured panelist in Law Seminars International upcoming teleconference focused on the tax and regulatory consequences of cloud-based services including SaaS and hosted VoIP.  Other panelists include Allison Rule and Jonathan Marashlian of The CommLaw Group.

“While state taxing statutes have traditionally failed to keep pace with technological developments, a number of states have their eyes on potential revenue that can be tapped by taxing cloud-based services.  Cloud-based providers need to not only recognize that the paradigm is shifting; they need to prepare for it,” describes Robert Dumas, Founder and Managing Partner at TaxConnex.

Participants should expect the following topics will be covered:

• What you need to know about the different “nexus” standards and why some cloud-based services are taxed and others are not
• Recent governmental and judicial decisions and how they affect the landscape
• How adding a “Communications” component to a cloud-based computing solution changes the equation
• Strategies for compliance:
  • What are the basics?
  • How is risk measured?
  • Steps you can take to minimize risk and mitigate exposure in an evolving tax and regulatory environment

The teleconference is scheduled for January 16^th at 1 pm EST.  Registration details can be found here.

 

About TaxConnex 

TaxConnex, “your outsourced sales tax department’, 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 VoIP 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.

 

About The CommLaw Group

The CommLaw Group is a full service Washington, D.C.-area law firm serving the comprehensive legal and regulatory compliance needs of the communications industry. We are experienced in all aspects of federal and state telecommunications law and regulation and represent businesses engaged in the dynamic communications and information technologies industry with virtually all of their needs. Unique among its peers, The CommLaw Group offers clients a scope of capabilities rarely found in boutique law firms. With a headcount rivaling the Telecom Practice Groups of most “BigLaw” firms, we possess the skills, depth and resources necessary to serve the communications law needs of Fortune 100 companies, all without sacrificing the range of services, affordability, and effectiveness which makes us the "go to" firm for new entrants and service providers of all sizes.

Atlanta, GA (PRWeb) - TaxConnex, America’s leading independent provider of sales and use tax outsourcing and consulting services, recently released the fourth installment of their series entitled “Sales Tax Handbook: A Guide to Sales Tax Laws and Current Issues” authored by TaxConnex Partner, Brian Greer, and directed to the small and mid-market business community. 

The handbook is an on-going work and directed to the lay person that needs to understand basic sales tax concepts as part of their job.  Previous installments have addressed Amazon Laws, Click-Through Nexus, Affiliate Sales Tax Nexus, and various forms of federal legislation including the Marketplace Fairness and Marketplace Equity Acts.

The current installment addresses the importance of exemption certificate management and the complications associated with resale exemptions and drop shipment rules.  The following excerpt illustrates one aspect of exemption certifications and audits:

This chapter focuses on exemptions your customers claim, as this is where companies tend to have the most risk.  To understand the degree of risk, let’s look at what happens during an audit.

During an audit, auditors assume that everything is taxable unless specifically exempted.  (This is true for tangible personal property as noted earlier.)  Any time the vendor doesn’t charge the full amount of sales tax on a taxable transaction, a properly completed, valid exemption certificate must be in place to substantiate the exemption.

The current installment provides several sources and options to help manage the exemption certificate process and the complex rules associated with drop shipments.  The complete series can be viewed on the TaxConnex website at www.taxconnex.com where each month a new article in the series will be published.

 

About TaxConnex

TaxConnex, “your outsourced sales tax department”, 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 VoIP 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.