After the sales tax audit, you must get ready for the next audit, especially if any errors were discovered. We discuss this more in our Audit Series Video #9.
If your vendor issues a sales tax reimbursement request on a sale and you have the money, pay it and record that you did. Learn more in our Audit Series Video #8.
After an audit, you can recoup sales or use tax collected by the tax authority if you did not charge your client tax. Learn more in our Audit Series Video #7.
Know your sales and use tax rate. It is important for sellers and purchasers... You are both on the hook! This is the topic we address in video #6 of our Audit Series.
Make sure you never fail to turn in tax that has been collected from a customer. It's fraud to keep the money. Learn more in The Sales Tax Sisters latest video, #5 in the Audit Series.
You must understand the entries in the sales tax payable account. Learn about the account and how the account should clear out in this short video, #4 in our Audit Series.
Your internal controls dictate, to a large degree, your audit experience. Learn more in our 3rd video from the audit series.
Episode 2 in our Audit series carries a very important message. If you want a faster audit, provide requested records that are easy to understand. Learn more…
In the first video from our Audit series, we talk about audit document requests. It's a mistake to do an information dump when your auditor shows up...Head to the video to understand what we are talking about.
In Episode 6 of our Nexus series, find out how growing companies address sales tax compliance as they register in new jurisdictions.
Before you register your business, understand that it means a LOT more than collecting and remitting sales tax. Learn more by watching the 5th video in our Nexus series.
Our 4th video in the Nexus series is live. Find out why it may make sense to register to collect sales and use tax voluntarily.
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...