Top Marketplace Facilitator Questions Answered
We talk a lot about nexus and compliance processes in our content, but what about marketplace...
Managing sales and use tax obligations can be overwhelming. Let TaxConnex's experienced and knowledgeable consultants conquer the chaos of sales tax management with our consulting and advisory services.
TaxConnex offers a multitude of advisory services to ensure you are able to manage your compliance. We can help you understand your obligations and identify gaps in compliance. We take a diagnostic approach to understanding your sales and use tax obligations and give our advice for a best course forward. Then you can decide whether to manage internally or tap into our hands-on services for a greater sense of security.
Determine where you have an obligation to comply with the sales and use tax laws. Our experts will perform an extensive review of your business operations to determine where you have established nexus for sales and use tax purposes and recommend a best course of action forward.
Do you understand the taxability of your products and/or services? Did you know taxability can differ by state just like nexus? Our taxability reviews analyze your revenue streams to determine the taxability by state for sales and use tax purposes.
TaxConnex can help you determine your sales and use tax exposure and both recommend and execute a mitigation plan.
A sales tax audit can create significant anxiety and even fear for businesses. Are you sure you are doing everything correctly? What will they catch? Let the experts at TaxConnex conduct a pre-audit to determine potential risk issues and manage the audit for you.
We're more than an outsourced sales tax provider, we're an UPSOURCED solution, here to conquer the chaos of sales and use tax compliance. By blending an optimal mix of technology and innovation with a service-minded team of experts dedicated to providing order and oversight we've got your back when it comes to managing your sales tax compliance.
Fill out the form to the right and we'll get in touch with you shortly!
TaxConnex provides a variety of consulting services, as listed below. No matter what offering you utilize from TaxConnex, we take a diagnostic approach to understanding your situation and help you decide the best steps forward. We understand that not one every business is the same and will help you come up with a solution to fit your needs.
You absolutely can do it on your own, but depending on the complexity of your situation, an expert may be needed to decode the law and make specific decisions for your business. Nothing in sales tax is fully straightforward, and often your business won’t fit clearly into all defined situations, having an adviser be able to guide you and give you options is a good option to ensure compliance.
Your shopping cart may monitor your economic nexus, but it doesn’t consider physical nexus outside of how you originally set it up. It also only considers purchases that run through your shopping cart/tax engine. If you have multiple entities or sell through multiple channels that don’t all use the same systems, most likely your system is not accounting for all your sales, and therefore not fully accurate.
Nexus is established by a physical or economic nexus, if you add locations or employees in new states, utilize service technicians in different states, add new warehouses or have sales reps traveling for business into multiple states, you could be establishing physical nexus and without you making update, your shopping cart/tax engine will be none the wiser. Having an expert take a look at your specific situation and evaluate your sales in addition to potential to create physical nexus gives you a more accurate look where you’ve established nexus.
We talk a lot about nexus and compliance processes in our content, but what about marketplace...
Copyright © 2024 TaxConnex™