Staying sales tax compliant is AN ONGOING EFFORT for ecommerce businesses.
States’ laws change often and as businesses grow, so, too, does their sales tax responsibilities in more states.
All of this means you have to pay close attention to your sales and your sales channels in order to stay on top of your sales tax liabilities.
Yes, it’s a pain, but LedgerGurus is here to help!
We create a lot of education for helping you get your sales tax setup correctly. We’ve written blog articles, recorded YouTube videos, created several free downloads, and even done a free masterclass on managing sales tax.
But the constantly changing environment means that you must continue to watch and make changes on your sales channels to ensure you are collecting and remitting properly.
If you already have good footing with your sales tax, our end-of-year checklist is a great way to make sure you are still on track.
By the way, it’s a good idea to use this checklist throughout the year, too.
The checklist covers the following areas:
- Recent changes for Shopify Plus users
- Voluntary disclosure agreements
- Reviewing your nexus footprint
- Checking sales tax rates & the taxability of your products
- Management of use tax
- Exemption certificates
- Other things to pay attention:
- Aggressive states to be aware of
- CO & MN retail delivery fees
- How to be audit-ready
- Sales tax license renewal
- Transaction threshold changes
- Changes in the taxation of digital goods
We want to make sure you have the tools to be able to stay compliant in as simple a way as possible.
To help do that, you will also receive an associated YouTube video with your download that goes into even greater detail.