What’s new in sales tax?
There’s always something changing in the world of tax, especially sales tax. Here’s a review of...
Once your business establishes nexus and you've ensured your products and/or services are taxable, you become responsible for collecting and remitting sales tax. That'd be pretty straightforward if it weren't for the 10,000+ taxing jurisdictions across the US that you have to keep up with.
If you have a sales tax obligation and are not collecting and remitting sales tax, you could be at risk for hefty penalties and fees. Even if it's an honest mistake, it could be a costly one. Watch this webinar where we'll look at the ways you can get caught, how it may not be just your business at risk, and some of the repercussions of being caught not in compliance.
Key takeaways from this webinar:
- Gain a better understanding of responsible party laws and who is responsible for sales tax non-compliance
- How you could be caught and what the potential repercussions of being caught non-compliant are
- Real world examples and common errors we see in managing sales tax that results in non-compliance
- Jeff Meigs & Brian Greer - TaxConnex