With thousands of rate, rule, and boundary changes every year and an epic legal debate over e-commerce taxation, sales tax has never been more complicated. Unfortunately, this trend will only continue to get worse, as cash-strapped states rely heavily on sales tax audits as a way to make up for their revenue shortfalls. As states hire more auditors to enforce the constantly changing sales tax guidelines, it makes it nearly impossible for a business to come out of an audit unscathed.
While the outlook can be dark and daunting for a business, Avalara has compiled a list of the top 12 things that every business should know when it comes to sales tax compliance, along with tips to help combat them.
Here is a sneak peek of a few of the topics we will cover:
- Determine if you’ve created nexus in any new jurisdictions in the past year.
Nexus laws vary from state to state and can change from one month to the next. - Make sure you understand taxability of new products you offer.
Not only can taxability differ from one product to the next, but it can also differ state to state. - Verify jurisdictions based on exact location, not zip code.
It is not unusual to have multiple jurisdictions (and therefore multiple rates) for a given zip code.
Join Axis Global Partners and Avalara for a free informational webinar on December 4th for full access to all 12 of the tips.
*As an added bonus – each attendee will also receive a copy of the whitepaper “12 sales tax tips for small businesses”. Register to attend today!
The Dark Side of Sales Tax Compliance: 12 Things Every Business Should Know
Tuesday, December 4, 2012
11:00 AM PST / 2:00 PM EST
Register to Attend Today: https://www1.gotomeeting.com/register/879049641
If you are unable to attend but would like to learn more, please contact Axis Global Partners.