Your company must take the proper steps to address the domino effect of issues created by the new sale tax nexus landscape before your company registers and starts collecting sales tax in new states.
Don’t be liable for tax you could have collected from your customer, and don’t overpay sales tax or use tax on your purchases. Make your company audit ready, and mitigate sales and use tax risk by completing the 10 steps.
A sales and use tax “reverse audit” can help you maximize tax exemptions and incentives.
This article covers a few simple efforts that may prevent costly problems with sales tax collection and reporting responsibilities.
That’s the question every retailer currently not collecting sales tax must answer as more and more states adopt use tax notice and reporting requirements.
That is the question every retailer currently not collecting sales tax must answer as more and more states adopt use tax notice and reporting requirements.
Cloud computing generally takes the form of “software as a service” (SaaS), which is the focus of this post, generally refers to the ability of a user to access software and/or to receive services provided remotely via the internet.
Federal tax reform could cause state taxes to become a larger percentage of a business’ tax expense making it vital to know what states the business has nexus or a taxable presence.
As part of his proposed budget for 2017, Governor Bill Haslam recently announced the first piece of legislation for his NextTennessee legislative agenda, the “IMPROVE Act”.
There have been significant changes made to the Revenue Modernization Act. See what they are in the following.