Oct 21 minSales Tax ReturnsWebsites Are also part of a Sales & Use Tax Audit!Hi everyone! We will be discussing the importance of having a clear, concise website. You never know who may be looking. Key Takeaways:...
May 311 minAuditsSelling Fixed Assets & Occasional Sales- 5 Things to Consider!Hi everyone! In the video, we discuss selling fixed assets and possible sales and use tax consequences associated with those sales. Key...
Feb 161 minAudits“Did Somebody Say Jail?”- Sales and Use Tax Penalties & CollectionsEveryone knows that there will be penalties if sales and use tax is not correctly addressed. A colleague asked if we ever heard of anyone...
Oct 20, 20221 minAuditsRecovering Sales Tax From CustomersWe are going to discuss charging your customer sales tax after the sales transaction has been completed. There are multiple options...
Aug 31, 20221 minAuditsInterim Reviews Can Keep You Sales Tax Compliant!As your business changes or expands, or you make large purchases, interim reviews can help ensure that you are tax compliant. We talk...
Jul 14, 20221 minAuditsDo Your Sales Tax Accrual Account Reconciliations!If you are ever audited, one of the first things that the auditor will do is reconcile your sales tax accrual account to make sure that...
Jul 14, 20221 minAuditsThe Dangers of Combining Sales & Non-Sales Related DepositsWe discuss intermingling your non-sales related deposits in your business bank account. While there are not rules against combining your...
Mar 7, 20221 minAuditsSales & Use Tax Compliance- Do Your Reconciliations!In this video, we discuss the importance of reconciliations, including reconciling your sales tax accrual account. Key Takeaways: if...
Feb 14, 20221 minNexusDeadlines! Remember to Set Your State Tax RemindersThis is a short video about making sure that you don’t miss any reporting deadlines. There are compelling reason why you don’t want to...