The SALTcast

No matter if you are a company that is just starting out, have been in business for many years, big business, or small business… it's not if you are audited, it is when. Often times businesses will reach out to us after a state has already contacted them letting them know that they are under audit or the audit is at the assessment stage. At any point in the audit we can help fight it, it is n...

I have had many questions in regards to using print-on-demand services. Here is the scenario: You are selling custom t-shirts, mugs, cups, etc. Once an item is ordered, the supplier creates the item and drop ships it on your behalf. So, today I want to talk about how this can affect you and your business and what steps you need to take if any. Additional Questions Answered:  Does using print on de...

It has been over a year now that the South Dakota v Wayfair Supreme Court decision has been issued and almost all of the states now have economic nexus laws on their books. Most of these laws have become effective over the last year. You may be thinking to yourself that everything is probably calming down and you have less to keep track of. Think again! Many states have already changed their laws,...

After the US Supreme Court’s decision on Wayfair a lot of states were quick to enact economic nexus laws to capitalize on the potential sales tax revenue from remote sellers. Along with these new economic nexus laws some states have also introduced some amnesty programs to provide some incentive for remote businesses to voluntarily register in their states. Not all amnesty programs provide true am...

As a business owner, you want your business to grow and to expand into new states. Often what happens is in the haste to expand you forget that your product or service may have different taxability rules in the new state you are expanding into. We got a question recently from a SaaS provider and they are being proactive in making sure that they are compliant while they are now doing business in ne...

California just released some new information that could greatly benefit e-commerce businesses. If you have been doing business in the state of California in the last few years you have a chance to apply for a limited look-back period even if you have received a letter from the state of California. Jason and Dan are talking about a program recently established the State of California and what the...

A lot of firms are having issues about knowing what to do about Wayfair, sales tax, nexus, and what to do next. Sales tax problems are emerging and a lot of tax managers, bookkeepers, and accountants do not want to think about it, and they do not know how to react.   Andy, Dan, and Jason discuss solving those problems using the experience they have attained over the years.  The main problem is the...

Once you have determined that you have nexus and where you have nexus we need to talk about what happens NEXT. Before you start registering anywhere and everywhere, you need to determine the taxability of your products or services. It can be as simple as saying all your products are taxable or as complicated as you could possibly imagine. Additional questions answered:  How to tax or what to tax? ...

There have been recent changes in the marketplace facilitator laws. There are some parties who sells exclusively on Amazon and are registered in 20+ states and are wondering if they can deregister in the states where they have marketplace facilitator laws. The answer is, as with all things in taxation, – It depends! It varies in each state.  Two scenarios regarding this have been discussed today a...

Getting into selling your products online into the US using Amazon FBA sounds like a lucrative idea and it can be! As you start looking into what you need to get setup you start reading about sales taxes and you start to get overwhelmed and you don’t know where to begin! This episode is dedicated to all of you international sellers that have decided to start selling in the United States. Additiona...

How do you know if you have any risk of getting audited for sales tax? Are you making sure that you are prepared for sales tax audits? We have developed a FREE tool that you can fill out yourself to help you to determine whether or not you have something to worry about. Listen in as we discuss this tool and go through each question in the questionnaire. Additional Questions Answered: How do states...

The definition of nexus has changed dramatically over the last year. Physical presence used to be the ONLY nexus determinator but now you ALSO have economic nexus issues to worry about. We believe that every business needs a nexus review. Listen in as we discuss the different steps to a nexus review and how it will benefit you and your company. Additional Questions Answered: Can I get away with ig...

On April 1, 2019, California's economic Nexus Laws went into effect. Well, they might as well have said "APRIL FOOLS!" There is already an amendment to the Economic Nexus laws already sitting on the governor of California's desk! Find out what you can expect here! Also, with the fallout of the WAYFAIR decision, all eCommerce businesses need to act! You may have a large nexus ex...

Listen, we all want donuts but do we actually need them? Can they really bring joy to our lives and give us the energy and nutrients that we need? Maybe… Same with the marketplace facilitator laws. We would all like to have Amazon, eBay, or Shopify collect and remit the sales tax for us in every state, that would be amazing right? Or, would it? For some eCommerce sellers, these marketplace facilit...

Our most popular podcast is simply about drop shipping and we continue getting a lot of questions about drop shipping. This weeks podcast is simple, answer a couple of commonly asked questions. Join us and really soak up Andy and Dan’s knowledge. Questions Answered: What do I need to do to close my business when it comes to my sales tax requirements? How often should I collect exemption certificat...

We recently had a client reach out to us asking us what they should do about a recent letter they received from the state of Washington. The letter seems innocent enough. The state seems to be giving companies an opportunity to remit any unpaid consumers use tax. This seems like an odd tactic. Who else but the Government could use this tactic to get more money? Come learn with us today on what it...

While all of the amazing advances in technology area make it easier to sell your items to customers in the US from all over the world, it can be frustrating trying to understand the tax laws you have to deal with.  This could get you into a lot of trouble with the US government. We frequently have conversations with eCommerce sellers that are based outside of the United States and they usually hav...

We recently got an email from a concerned business owner because they got a letter from California stating they have nexus in California and they must register to collect sales tax. They quickly complied trying to do the right thing. Not too long after they received another letter from California stating that they may owe back taxes and requested information going back a few years. They reached ou...

 Are you aware of your sales tax liabilities? Are you aware of what the Wayfair Supreme Court decision can mean for your company? Who is responsible for making you aware of these things? When you have potential tax risks, who do you trust to make sure that you are being advised of it? Your Tax Accountant right? However, the person you trust to handle your taxes may not be up to speed about sales t...

On today’s podcast we caught Dan while he was on the road visiting a client. The client had just run into some issues dating back to a few years ago when they acquired another business. A common thing to overlook when doing your due diligence before selling or acquiring a business is sales tax. Having a lot of sales tax exposure could really hurt the sale of your company. Also, if you are acquirin...

Have you ever wondered how your client or company was selected for a sales tax audit? Do you worry that you or client will soon come under sales tax audit? Is there a way that you can prepare for a sales tax audit? Andy has seen 100’s maybe even 1000’s of sales tax audits and has written many articles on these very questions. Listen in as Andy shares his knowledge and experience with sales tax aud...

Imagine that you’ve been in business for several years. Things are going along pretty well. By just surviving, you’ve been more successful than most businesses. And then you find out some terrible news about sales tax; you learn that because of “nexus” in prior years, you may actually owe back taxes and it might be a significant amount. This is money you don’t have. You didn’t collect it from your...

We recently had a call with a CPA that had connections with approximately 2,000 Amazon FBA sellers. He was doing some due diligence after seeing one of our webinars to see what his FBA seller friends were doing about their own sales tax obligations. It turns out that everyone that he talked to in his initial sample was sure that Amazon not only collected the sales tax but also remitted the sales t...

With the new sales tax laws coming into play all the time, more and more businesses are realizing that they may have exposure in a sales tax audit for taxes that were not collected for months or maybe years in the past. Businesses may want to get registered now and start collecting tax, but face a real dilemma when it comes to the question that comes up on every registration form: “When did you fi...

New York just posted a notice on their website that they’ve had an economic nexus law all along. And it's been effective ever since the Wayfair decision was announced. Listen in as Andy and Dan decipher what New York has decided to do with their economic nexus laws. Also, they discuss New York’s whistleblower laws and what that could mean to you - particularly in the context of this new notic...