Intro paragraph to the video and the topic that will be covered Key Takeaways: Sales and use tax laws differ from jurisdiction to jurisdiction. When expanding operations into different jurisdictions, understand that your sales and use tax responsibilities may...
We are excited to announce the creation of a quiz to help you address the question of whether you should register to collect sales and use tax. I discuss it in more detail and why it may be worth a look in the video. Key Takeaways: The link to the quiz is...
We are going to discuss charging your customer sales tax after the sales transaction has been completed. There are multiple options available to you if you discover that you didn’t charge sales tax correctly. Check out the video below. Key Takeaways: There are...
As your business changes or expands, or you make large purchases, interim reviews can help ensure that you are tax compliant. We talk about it more in the video below. Key Takeaways: Interim reviews are a useful tool in helping you remain sales & use tax...
When making exempt sales to exempt, it is important that you obtain all appropriate documentation required to substantiate the tax-free nature of the sale. On other words, if your jurisdiction requires you to obtain a certificate or any other documentation, obtain...
If you are ever audited, one of the first things that the auditor will do is reconcile your sales tax accrual account to make sure that you are remitting what your own accounting records reflect should be remitted. Regardless of which basis that you use, if there are...
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