When it comes to sales tax in the US, E-commerce sellers face a tremendous challenge.
Every state has its own rules and tax rates. Each state has its own idea of "nexus" or the point at which a business is required to collect tax in their state. Each state has their unique laws around the taxability of goods and services in their state.
Some states exempt food products, and/or clothing, and/or, medical products, and/or digital goods. And these rules are constantly changing and evolving. E-commerce businesses and their advisors are caught in a very difficult position trying to stay on top of everything in this rapidly changing environment.
That's where this Podcast is meant to help. We'll try to bring episodes each week that will help keep up with the changes and give you answers to specific stat tax scenarios that e-commerce businesses face.
Podcast Interview With Jeff Bickel CPA, From Tanner LLC
We love working with CPAs. Our relationships with CPAs are complimentary, since our area of expertise is in sales and use tax. In general, CPAs are looking for sales/use tax experts, since they typically like to focus on other tax matters. In today’s...
Do You Need to Set Up A US Entity To Do Business In The US? With Scott Letourneau from NCP
E-commerce is expanding worldwide. Companies from all over the world are continually expanding their current company, and/or open e-commerce businesses in the USA. We speak daily with international companies that want to know what they need to do to...
Biggest Hurdles We See When It Comes To Sales Tax Returns
We have a lot of What's Next Call's each week and we see a lot of similar situations. In today's episode we will be covering the biggest hurdles we see when it come to filing sales tax returns.Additional Questions Answered:What is sales tax...
What To Know When Registering To Collect Sales Tax
When it comes to being compliant with sales tax in a state it is important to know the steps to take to get there. After recognizing your sales tax nexus footprint the next step is getting registered for sales tax in the states where you have nexus. In...
When It Comes To Due Diligence Sales Tax is Often Overlooked
In the wake of many businesses being bought and sold this year I invited Jason Parr our CEO here at Peisner Johnson to talk about due diligence on the sales tax side. With due diligence sales tax liabilities are often uncovered but on the other side...
Worried You May Meet Economic Nexus Thresholds This Holiday Season? Here is What You Need To Do.
This Holiday season will probably set a new record of online sales. Not only is online sales just rising in popularity but, this global pandemic is still raging and demanding that we stay home whenever possible. This may put a lot of online sellers over...