thesaltcast

Troubling Trends We Have Found With Sales Tax Compliance

Have you been researching and investigating on how to best handle your sales tax responsibilities in 2022? You are not alone. You have probably found that there are a few different options, including,  automated software solutions and other full service providers like us, Peisner Johnson. Today we talk about what you can expect. Additional Questions…

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Connecticut Has Released Information on Sales Tax Amnesty Program

Connecticut has recently released an amnesty program for the next few months. Amnesty programs are not all created equal. Listen in as we chat about whether or not Connecticuts amnesty program will work for you. Additional questions answered: What is an amnesty program? What is a VDA? What are the terms of Connecticut's amnesty program?…

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The Taxability of Digital Goods,Subscriptions, and Services.

As digital goods and subscription items become more popular you can bet that states will be looking to cash in on those things. Listen in to Jason, Paul , and Danny speak on the taxability of digital goods. Additional Questions Answered: What is a digital good? Are services taxable? Since when have digital goods been…

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You Will Probably Be Getting a Letter From Illinois Informing You of a Sales Tax Audit

We have noticed that Illinois has increased their sales tax audits significantly. I few of our clients are currently under audit or have received a letter of intent to audit. Illinois probably won't be the only state to do this. Listen in as we discuss what your options are. If you are under audit and…

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Let’s Talk About Dropshipping

Dropshipping is making easier for anybody to get into the ecommerce space. The concept of dropshipping is pretty simple. When it comes to sales tax dropshipping can be confusing and frustrating. I gathered the whole team to help understand dropshipping and what your sales tax responsibilities could be. Additional Questions Answered: What is dropshipping? How…

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2021 Florida Sales Tax Amnesty Program

Florida was one of the last to sign in economic nexus and marketplace facilitator tax law legislation. Along with the legislation they also, almost quietly, released a sales tax amnesty program that remote sellers could take advantage of. I invited Dan Peisner CMI, and Paul Johnson our VP of Operations to come chat about this…

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Hitting Economic Nexus Thresholds? You May Have Established Physical Nexus Years Ago.

Economic Nexus has been the talk of the sales tax town ever since the 2018 South Dakota vs Supreme Court (Wayfair) Decision. What we have found is that Physical Nexus often goes overlooked. Physical nexus was established decades ago and still remains relevant. What we see happening is businesses are hitting economic nexus thresholds but had physical nexus years ago and should have registered for sales tax back then. Today we talk about just that.

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3 Years Later: What Has Happened Since the Wayfair vs South Dakota Supreme Court Decision?

It has been 3 years since the Wayfair Vs South Dakota decision was made in the Supreme Court. Since then states have been rushing to implement economic nexus and marketplace facilitator tax laws to capture sales tax revenue from remote sellers. Today I invited Paul Johnson our VP of Operations to talk about Missouri finalizing their economic nexus and marketplace facilitator tax laws and other changes states have made over the last few years.

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Podcast Interview with JP McAvoy with The Millionaire’s Lawyer Podcast

In this episode of The Millionaire’s Lawyer, JP, Jason Parr, and Paul Johnson discuss: Jason and Paul mention how things have greatly changed in the Tax world over the last few years.

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As An Accountant, Bookkeeper, or CPA, Are Your Business Clients Sales Tax Compliant?

In a recent article from CPA Trendlines it states that 98% of small businesses are failing to fully comply to their sales tax responsibilities. Also, on top of that 71% of accountants falling short on helping their clients be sales tax compliant. Despite everyone knowing that sales tax is a requirement there are still many accountants and CPAs that are unaware on how they can help their clients. We work a lot with accountants, bookkeepers, and CPAs and I asked the team to come and talk about what a partnership with us looks like.

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