Explore effective strategies for streamlining manufacturing sales tax processes. This post discusses centralizing tax management, automating tax calculations, seeking exemptions, and regular nexus reviews.
Discover the impact of decreased interest in accounting on CFOs and the rise of AI in accounting. Explore the challenges faced by CFOs due to talent shortage and the benefits and pitfalls of using AI in accounting. Learn about automation, fraud detection, financial planning, and the human touch in sales tax management.
Learn from Sephora's sales and use tax settlement and the consequences of sales tax non-compliance. Understand the importance of accurate taxation, the power of consumers, and how to stay compliant. Discover Sales Tax DataLINK, your solution for simplifying sales tax compliance.
Discover the intricacies of sales tax exemptions in Puerto Rico in this comprehensive guide. Learn about exempt items, the process for obtaining a Certificate of Exemption, and how Sales Tax DataLINK can help you streamline your sales tax management.
This comprehensive guide provides an overview of sales tax in Puerto Rico, detailing the rates, compliance requirements, exemptions, and penalties. Learn how Sales Tax DataLINK can assist your business in navigating Puerto Rico's complex tax landscape.
Sales tax compliance can be a complex and ever-changing landscape, especially for manufacturers, distributors, and fabricators who sell products in multiple jurisdictions. Sales tax liabilities can arise from a variety of activities. Read on to learn more.
These individuals are the owners and operators of more than a dozen gas stations located in Central and Southern Illinois. According to the charges, they deliberately underreported sales amounting to over $50 million over a three-year period from 2019 to 2022. This intentional underreporting sales tax has resulted in a tax liability of over $4 million.
Planning an unforgettable cruise to Alaska? Don't forget to consider the sales tax implications during your port stops and while onboard. Learn about the complex world of Alaska cruise ship sales taxes, including local taxes, seasonal rates, and the 3 nautical mile rule.
Texas recently made strides towards gender equality by eliminating the "pink tax," a sales tax on menstrual and other gender-specific products. This article explores the significance of this move, the recognition of essential healthcare products, and the work that still lies ahead in other states. It also highlights the importance of sales tax compliance and the benefits of partnering with tax experts.
Simplifying sales tax returns and filing for manufacturing businesses is essential to avoid penalties and unwanted expenses. While raw materials are often exempt, manufacturers must be aware of the changing laws and registration requirements.
In 2018, the Supreme Court decided to go back on its decision about the sales tax nexus made in the case of Quill. Read on to learn more about the Wayfair Decision and it's impact on sales tax.
Unsure of whether to use the Billing Address or Shipping Address? Read on to learn which one to use and in what situations.
Do you need to collect sales tax on shipping? We'll dive deeper into this subject and help you understand when and where you need to collect.
Understand the intricacies of sales tax for subscriptions, including implications for tangible goods, nexus requirements, economic nexus thresholds, and challenges with bundling taxable items.
The Supreme Court decided in the 2018 Wayfair case that states could require remote sellers to collect sales tax even without a physical presence in the state. Read on to learn how this affects McLeod v. J. E. Dilworth Co.
Sales tax reverse audits ensure compliance with tax regulations and identify potential overpayments or underpayments. Read on to learn more.
Explore the potential risks of over-collecting sales tax and the importance of understanding when to collect sales tax to avoid detrimental consequences. This article highlights the significance of calculating, collecting, and remitting sales tax in jurisdictions where a business has nexus, whether it's through physical presence or economic factors.
Explore the complexities of sales tax and gain a comprehensive understanding of taxing jurisdictions. Learn about tax rates, local option taxes, address-based solutions, and the importance of automation for hassle-free compliance. Simplify your sales tax processes with expert guidance. Contact us today to navigate the intricacies of taxing jurisdictions effectively.
Discover why sales tax compliance is crucial. Assess your responsibilities, automate processes, and minimize risks with Sales Tax DataLINK. Contact us now!
The good news: you have revenue from Puerto Rico. The bad news: as a remote seller, you have to figure out Puerto Rico sales tax compliance. Read on to learn about Sales Tax in Puerto Rico.
BlogEdwin Flores2023-11-03T08:37:15-05:00
