As a business owner, it is important that you understand the sales and use tax registration requirements for your business. This is a quick introductory video about sales tax nexus and registration requirements.
Key Takeaways:
By registering your business, you are acknowledging that you have a presence in that jurisdiction.
Registering to collect sales tax may not be the whole story. Check the taxing authority’s website to see what taxes are levied and what applies to your business.
Know the important thresholds that determine whether you need to register in a jurisdiction.
Beware of home rule states.
Our mission to provide a resource so business owners, accountants and bookkeepers can understand sales & use tax compliance. We know that sales and use tax laws are not the easiest to understand. Our focus is on empowering you with a framework and general understanding, so you know what questions to ask and where to go to get the information you need to stay on the right side of sales and use tax compliance.