Tax Tips with The
Sales Tax Sisters

Unlock Tax Wisdom,

Search

3 Must-Know Pre-Sales Tax Audit Steps

This tax tip is about 3 things you should do before you or your client receives a Notification of Routine Sales and Use Tax audit letter.

Websites 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:...

Selling 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...

“Did Somebody Say Jail?”- Sales and Use Tax Penalties & Collections

Everyone knows that there will be penalties if sales and use tax is not correctly addressed. A colleague asked if we ever heard of anyone...

Recovering Sales Tax From Customers

We are going to discuss charging your customer sales tax after the sales transaction has been completed. There are multiple options...

Interim 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...

Do 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...

The Dangers of Combining Sales & Non-Sales Related Deposits

We discuss intermingling your non-sales related deposits in your business bank account. While there are not rules against combining your...

Sales & 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...

Get Exclusive Tax Tips and News!

Join our newsletter for insights and resources to understand sales & use tax compliance – No spam, we promise! 😉