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Common Pitfalls of Sales Tax Compliance
Manage episode 380898763 series 3476830
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Sales tax is complicated, even for the most experienced tax practitioners, but it is a critical part of running a business. Unfortunately just a few missteps can add up to big liability in the sales tax world. This episode navigates the most common pitfalls related to managing ongoing compliance and provides tips to mitigate and manage your sales tax risk. We touch on:
- Economic nexus
- Taxability of products/services
- The impact of inventory and third party logistics providers
- Filing requirements
- Voluntary disclosure agreements (VDAs)
- Sales tax audits
Brian - Chief Revenue Officer, Partner at TaxConnex
https://www.linkedin.com/in/brian-greer-55b7364/
Jeff - Consulting Practice Leader, Partner at TaxConnex
https://www.linkedin.com/in/jeffrey-meigs-14a76521/
https://www.taxconnex.com/
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