One thing that is most often overlooked in whirlwind of growing companies is sales tax. The concept of sales tax nexus, (the obligation to collect sales tax based on sales activities) is incredibly complex. Once you have established nexus, then your company is required to charge, collect and pay sales and use taxes.
Too often, the rules of nexus are overlooked by growing companies and the next thing you know, you’re hit with a very expensive sales tax audit that can easily wipe out your hard earned profits.
Do you want to learn more about sales tax and how to best prepare your company? Avalara, a developer of cloud based tax compliance and filing software, has put together this easy to follow book: Sales and Use Tax Compliance for Dummies. This valuable resource includes:
- The difference between sales and use tax and how to comply with complex regulations.
- How to determine nexus and what it means.
- How to manage exempt sales to avoid an audit.
- How to register and file returns in states where nexus is established.
To download your free e-Book, simply click the Download button.
|Date Posted||January 25, 2016|