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How to Simplify Your Sales Tax?

States and countries have been involved in a push to collect sales tax in Mesa from online sellers that are not present in their state. 

Sales Tax

Tips To Keep Your Sales Tax Simple

  • Several states place the burden of paying sales tax on the consumer. Still, it is always worth checking for specific rules as many states are trying to change things so that they can collect tax from internet sellers.
  • It is important to avoid establishing nexus (a legal physical presence) in too many states. If you sell at trade shows, it is better to try to pick shows in your own state, in states which have "peddler's licenses" for out-of-state vendors. You may also sell in states which require you to register for sales tax in Arizona anyway. This also protects you from having to file blank returns several times a year. Some states might place restrictions on the number of trade shows you can do a year, before they consider you to have nexus.
  • You must use e-commerce tools that calculate the tax in Mesa AZ for you. They will calculate the tax based off of your customer location and it is possible to integrate them with the accounting software.
  • You need to make sure to collect exemption certificates when possible. You should store exemption certificates and transaction records for the required number of years, in case you are audited.
  • You must also pay attention to changes in the law and make sure that your training and software can keep up. A good tax advisor Phoenix can help with this.
    Sales Tax compliance is already complicated and it is only getting worse. An efficient tax advisor is going to be vital as the laws continue to change. You may get in touch with a skilled Arizona based CPA who has the experience needed to help you through it.


This blog post originally posted on: 

https://mesaaccountant.wordpress.com/2018/11/05/how-to-simplify-your-sales-tax/

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Location: Phoenix, AZ, USA

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