In the 3rd video in our Nexus series, learn why asking the question “is my product taxable?” is the wrong place to start when addressing sales and use tax.
Don't get left holding the bag! Find out how nexus impacts your business. Watch our second video on this important topic here.
Find out about sales tax nexus, physical nexus, and economic nexus. It matters! Click here.
Find out about sales tax topics planned for 2021. Happy New Year! Click here.
It's that time of year again...time to think about registering to collect sales or use tax if you are a remote seller. If you are making plans for a physical expansion, don't forget nexus. We explain more in our latest video.
Taxing authorities may tax freight AND covid-19 fees. Don't get caught off guard! Find out more...
Issuing a resale certificate does not mean you get EVERYTHING tax-free. Find out more...
Everyone wants a simple response to tax questions. Here is a general description of how to get there...
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Adjusting journal entries (monthly and year-end) are fair game when you are being audited by a state taxing authority. Be ready to describe what those numbers are and prove that they do not record a taxable event. Learn more...
If you buy something that is taxable and your vendor doesn't charge sales or use tax, you owe the tax! The vendor is not required to eat the cost. Here's how it works…
No one expects the audit team to prepare a tax return. Don't assume your CPA or bookkeeper understands or is keeping up with sales tax. Ask! Here's why…
It's not enough to call a tax authority and ask a question. They may not be bound by the answer. Here's the skinny in our latest video.
Your plans for your profit margin on that big job or budgeting the true cost of that big purchase can be KOed if your accounting team isn't following the plan. Find out before it's too late. Here's how…
Your audit results live and die based on the quality and completeness of your documentation. Yes, those receipts are a BIG deal. Here are a few things that cost people money.
Some people collect a certificate and think their work is done. NOT! Is it the RIGHT certificate? Does it have all the information required by the taxing authority. Here are some certificate fundamentals that can save you money (and your reputation with your client.)
The time to get ready for a sales tax audit is BEFORE you get the audit notice. Here are a few ways to do it. As a bonus, learn the best way to navigate the audit when it's happening.
Sales tax returns are confusing...until you know what to do. This week, the Sales Tax Sisters cover a variety of topics related to Sales Tax Returns.
Questions about what to report as taxable purchases when filing a sales tax return? We have you covered. Watch our latest video.
Mary and Stephanie discuss sales tax exemptions for people who repair commercial property impacted by natural disasters in Texas. Click here to watch this brief informative video.
In this video, Mary addresses line 2 on the Texas Sales & Use Tax Return ⇒ Taxable Sales.
