Nov 9, 20212 minSales Tax ReturnsTaxable Purchases Made Easy! 5 Rules to UseTaxable purchases are one of the most misunderstood topics as it relates to sales & use tax. While it is a line item on almost all sales...
Nov 5, 20212 minSales Tax ReturnsThe Top 5 Sales Tax Resale & Exemption Certificate MistakesWe wanted to discuss the top five resale certificate and exemption certificate mistakes that business owners make. While certain concepts...
Oct 25, 20213 minAuditsSales Tax Returns: 8 Keys to Gauge ComplianceSales tax returns and supporting documentation are the key to sales tax compliance. The first time people submit a sales tax return, most...
Oct 20, 20213 minAuditsKnow if You Have a Sales Tax Issue: 4 Items to ReviewOne way to identify if you may have a sales tax issue before you are contacted by a taxing authority is to review your records including...
Sep 15, 20213 minNexusFive Things To Know About State TaxState tax is one of the last things most people address when running a business. When you are a business owner, there are a million...
Sep 6, 20213 minGeneral Business4 Reasons Inflated Sales Figures Cost MoneyInflated sales figures are a nightmare on a cellular level. Some taxpayers inadvertently inflate reported total and /or taxable sales...
Sep 6, 20213 minSales Tax ReturnsYour Sales Tax Accrual AccountIt is critical that you pay attention to your sales tax accrual account. This account is a key document that should be used when...
Sep 6, 20213 minSales Tax ReturnsTaxable Purchases & Divergent UseDivergent use occurs when companies issue resale or exemption certificates instead of paying tax and make use of the item in a taxable...
Sep 6, 20213 minAuditsDon’t Forget Use TaxDon’t forget use tax is a smiling assassin of sales tax compliance. When companies are audited by state tax authorities for compliance...