Many businesses who otherwise do a good job documenting their sales fall prey to a common sales tax trap – tax-exempt sales. In order to protect themselves, owners can follow simple guidelines ensuring these sales don’t fall through the cracks.
Continue Reading 3 Simple Steps to Documenting Tax Exempt Sales and Avoiding Liability >
We are headed into a very busy season for a lot of you! The ten biggest sales days of the year happen in November and December. Holiday shopping is one reason for the boost but even grocery retailers have a spike as everyone prepares for their special occasion meals, events, and gifts.
Continue Reading Tips for Planning for Your January Sales Tax Bill >
27 states currently offer a program that lets you keep some of the sales tax you have collected if you pay early or on-time!
Continue Reading Unlock Hidden Revenue: State Sales Tax Discounts Your Business Might Be Missing >
There is considerable confusion amongst Florida restaurant owners as to who is responsible for collecting and remitting sales tax for orders from Grubhub, Ubereats and all the other 3rd party apps.
Continue Reading Are Florida Restaurants Double Paying Sales Tax on 3rd Party Orders? >
Few words instill fear in a small business owner as a sales tax audit. Following a few best practices can help mitigate the risks and hassles of an audit.
Continue Reading Protecting Your Business and Your Wallet in a Sales Tax Audit >
Third Party Apps orders are received on devices separate from your POS. Managing these apps through your POS creates better workflows and will save you lots of time and money when paying your sales tax.
Continue Reading Integrating Grubhub, Uber Eats, and Other 3rd Party Apps Into Your POS for Better Sales Tax Management >Third Party Apps orders are received on devices separate from your POS. Managing these apps through your POS creates better workflows and will save you lots of time and money when paying your sales tax.
Continue Reading Avoid Overpaying Sales Tax When Using 3rd-Party Apps >The biggest urban myth of retail – “I collect sales tax therefore I can use it to run my business”. Learn why using sales tax for working capital is a big mistake plus 19 other sales tax myths.
Continue Reading Top 20 Myths About Sales Tax >Ever stay up nights worried about a risky deal? In sales, every deal carries risk and as the initiator of the deal, you try to mitigate your risk as much as possible.
Continue Reading Mitigating Risk With DAVO >Sales tax is typically applied to transactions for tangible goods and certain services that occur between a merchant and a consumer. Merchants act as agents of state government collecting sales tax from consumers and remitting payments to the proper taxing authority.
Continue Reading The Most Effective Collectors of Sales Tax >