E-com Sales Tax

Episode 166 - Improving Your Sales Tax Systems in 2024

Informações:

Sinopsis

In this podcast episode, the hosts discuss sales tax planning for 2024. They emphasize the importance of including sales tax in overall tax planning strategies and highlight how sales tax can significantly impact a business's financial success. The conversation covers topics such as nexus and business operations, reviewing nexus for the next year, taxability of goods and services, exemption certificates, and choosing the right sales tax return process. The hosts provide valuable insights and encourage listeners to reach out for further assistance.Takeaways - Sales tax planning is crucial for businesses to ensure financial success and compliance. - Businesses should regularly review their nexus and consider the impact of their operations on sales tax obligations. - Understanding the taxability of goods and services is essential to avoid under or overtaxing customers. - Managing exemption certificates effectively can help businesses avoid audit issues. - Choosing the right sales tax return process can simp