Now more than ever, states are stepping up efforts to fill their coffers by auditing companies for sales and use tax. With the Wayfair decision affecting remote sellers and the proverbial pause in audits in 2020 due to COVID, sales …
Navigating the sales & use tax audit process can consume a great deal of time and resources, so it pays to know what can trigger an audit and how to prepare if you find yourself facing one. Learn more about …
Sales and use tax is often an afterthought for many production-centric taxpayers, but there are nuances in case law that can lead to material overpayments. Fact is, unless you keep track of case law changes, you could very likely not …
On April 19, 2021, Florida Governor Ron DeSantis signed into law economic nexus legislation for remote sellers to register for sales tax by meeting the state-specific thresholds. With the date of implementation on July 1, 2021, remote sellers should review …
COVID-19 created a perfect storm for remote sellers as sales dropped sharply for brick-and-mortar locations in favor of consumers purchasing online. With the exception of two states (Florida and Missouri) that do not have economic nexus laws, the three-year anniversary …
Tennessee may have not been on your economic nexus radar in the past with thresholds of over $500,000 to necessitate collecting and remitting sales tax, but that is about to change. Beginning October 1, 2020, the threshold for out-of-state businesses …