The SALTcast
182 episodes - English - Latest episode: about 2 months ago - ★★★★★ - 4 ratingsWelcome to "The SALTcast," your go-to podcast channel for unraveling the intricate world of sales tax. If you're a business owner seeking clarity on sales tax regulations, or a seasoned CPA aiming to provide your clients with impeccable guidance, this podcast is tailored just for you.
Hosted by industry experts from Peisner Johnson, the SALES TAX PEOPLE, with decades of experience in the field, "The SALTcast" is a comprehensive resource designed to demystify the complexities of sales tax and empower you with actionable insights. Our mission is to equip you with the peace of mind, knowledge, tools, and strategies necessary to navigate the ever-evolving landscape of sales tax regulations, ensuring compliance while optimizing financial outcomes.
What You Can Expect:
In-Depth Discussions: Dive into thought-provoking conversations that break down sales tax concepts, regulations, and challenges. Our experts delve into the nuances, sharing real-world scenarios and practical solutions.
Guidance for Business Owners: Whether you're a small business owner or a large enterprise, understanding sales tax is pivotal. "The SALTcast" offers advice to help you grasp the essentials. And, give you the peace of mind you need.
CPA Insights: If you're a CPA, you understand the vital role you play in guiding your clients through the intricacies of sales tax compliance. Join us as we explore different topics you need to know to help your clients.
Real World Examples: Learn through real-world examples and case studies that illustrate how businesses have successfully managed their sales tax obligations. Uncover strategies that you can implement to enhance your own practices.
Why "The SALTcast"?
Subscribe to "The SALTcast" today and embark on a journey towards understanding sales tax. Whether you're looking to enhance your business's financial health or provide exceptional guidance to your clients, our podcast will empower you to make informed decisions and thrive in a complex tax environment.
Tune in to "The SALTcast" on your favorite podcast platform and embark on a transformative learning experience. Your sales tax journey starts here!
Homepage Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Episodes
Episode - 169 How To Correct Past Sales Tax Non Compliance
March 14, 2024 23:00 - 30 minutes - 20.7 MBIn this conversation we discuss amnesty programs, non-compliance, and remedies for businesses that need to become compliant with sales tax regulations. We emphasize the importance of understanding nexus and taxability, as well as seeking second opinions to avoid bad advice. We explore the pros and cons of registration and voluntary disclosure agreements as methods for achieving compliance. Our conversation concludes with a discussion on the value of educational and informative calls to help ...
Episode 168 - What Is A Nexus/Risk Analysis?
February 06, 2024 21:00 - 28 minutes - 19.7 MBIn this conversation, Ryan Johnson, Jason Parr, and Paul Johnson discuss the complexities of sales tax and the importance of compliance. They emphasize the need for businesses to understand their sales tax responsibility and the various terms and concepts related to sales tax, such as nexus and taxability. The conversation highlights the significance of conducting a thorough risk analysis and collaborating with experts to ensure compliance. The speakers also discuss the different remedies av...
Strategic Timeline For Sales Tax Implementation
January 02, 2024 20:00 - 42 minutes - 29 MBSummary In this conversation, Ryan Johnson, Jason Parr, and Paul Johnson discuss the process of becoming sales tax compliant. They cover topics such as understanding what is covered in sales tax compliance, recognizing the need for compliance, conducting a risk analysis, implementing compliance measures, considering the timeline for implementation, implementing an automated solution, simultaneously registering and implementing, switching providers and outsourcing, and more. If you would l...
Episode 167: Strategic Timeline For Sales Tax Implementation
January 02, 2024 20:00 - 42 minutes - 29 MBSummary In this conversation, Ryan Johnson, Jason Parr, and Paul Johnson discuss the process of becoming sales tax compliant. They cover topics such as understanding what is covered in sales tax compliance, recognizing the need for compliance, conducting a risk analysis, implementing compliance measures, considering the timeline for implementation, implementing an automated solution, simultaneously registering and implementing, switching providers and outsourcing, and more. If you would l...
Episode 166 - Improving Your Sales Tax Systems in 2024
December 06, 2023 16:00 - 21 minutes - 15.1 MBIn 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...
Episode 165 - Interview With Young Han, Founder of Owner's Club
November 07, 2023 21:00 - 35 minutes - 24.4 MBYoung Han shares his entrepreneurial journey and the lessons he learned from failures. He discusses the importance of courage and vulnerability in starting a business and finding purpose through the concept of Ikigai. Young Han also talks about his experiences working at Starbucks, Apple, Phil's Coffee, and Limelight Health. He introduces the Owner's Manual Framework and the benefits of joining Owner's Club. The conversation highlights the significance of supportive communities and the Girl ...
Episode 164 - How To Handle Zero Dollar Sales Tax Returns and Sales Tax Notices
October 31, 2023 18:00 - 18 minutes - 12.8 MBIn this podcast episode, we discuss two topics related to sales tax filing and notices. The first topic revolves around what to do if a business has had zero sales. We emphasize that regardless of sales volume, registered taxpayers are required to file returns. Failure to file can lead to penalties, even for zero sales. The second topic we discuss focuses on handling notices from tax authorities, especially in cases where businesses receive notices despite filing returns correctly. We stres...
Episode 163 - Massachusetts’s Attempt to Retroactively Collect Sales Tax
October 06, 2023 16:00 - 16 minutes - 11.7 MBOn this episode of the SALTcast, We discuss a controversial issue regarding Massachusetts attempting to retroactively collect sales tax from out-of-state retailers. They delve into the background of the problem, detailing how certain states passed legislation in 2017 in anticipation of the Wayfair decision, hoping to require out-of-state sellers to collect sales tax. Following the Supreme Court's decision in 2018, several states, including Massachusetts, sought to enforce these laws retroact...
Episode 162 - What Makes Peisner Johnson Unique?
September 28, 2023 16:00 - 20 minutes - 14 MBExploring Peisner Johnson's Values and Purpose Jason has been with Peisner Johnson for over 25 years. Jason explains his journey at the company and how his "why" has evolved over time. The core value of "we over me" is discussed, emphasizing building relationships over transactions. The importance of helping people and providing peace of mind regarding sales tax issues is highlighted. Danny shares his experience and how Peisner Johnson assists businesses in managing sales tax complexiti...
Episode 162. What Makes Peisner Johnson Unique?
September 28, 2023 16:00 - 21 minutes - 14.8 MBExploring Peisner Johnson's Values and Purpose Jason has been with Peisner Johnson for over 25 years. Jason explains his journey at the company and how his "why" has evolved over time. The core value of "we over me" is discussed, emphasizing building relationships over transactions. The importance of helping people and providing peace of mind regarding sales tax issues is highlighted. Danny shares his experience and how Peisner Johnson assists businesses in managing sales tax complexiti...
Which States Require a State Specific Resale Certificate? Episode 161
September 27, 2023 17:00 - 16 minutes - 11.4 MBIn this podcast episode, Paul Johnson and Ryan Johnson discuss the complexities of resale certificates and sales tax regulations across different states. They highlight the variations in rules and requirements, emphasizing the importance of understanding the specific regulations in each state. The conversation covers topics such as when and how to issue resale certificates, the significance of nexus, and the potential challenges faced by drop shippers. Paul and Ryan also mention the need for...
Episode 161 - Which States Require a State Specific Resale Certificate?
September 27, 2023 17:00 - 16 minutes - 11.4 MBIn this podcast episode, Paul Johnson and Ryan Johnson discuss the complexities of resale certificates and sales tax regulations across different states. They highlight the variations in rules and requirements, emphasizing the importance of understanding the specific regulations in each state. The conversation covers topics such as when and how to issue resale certificates, the significance of nexus, and the potential challenges faced by drop shippers. Paul and Ryan also mention the need for...
Episode 160 - What's the Deal With Sales Tax on Rentals and Leases?
September 08, 2023 20:00 - 28 minutes - 19.5 MBIn this podcast episode, we discuss the complexities of rentals and leases, particularly in relation to sales tax. We cover various aspects of this topic, including different types of rentals (e.g., property, clothing, cars), the complexities of sales tax laws across different states, and the unique considerations for lessors. Key points discussed include: The variety of rentals and leases, from short-term to long-term, and the different tax implications they may have. The complexity of s...
What's the Deal With Sales Tax on Rentals and Leases?
September 08, 2023 20:00 - 28 minutes - 19.5 MBIn this podcast episode, we discuss the complexities of rentals and leases, particularly in relation to sales tax. We cover various aspects of this topic, including different types of rentals (e.g., property, clothing, cars), the complexities of sales tax laws across different states, and the unique considerations for lessors. Key points discussed include: The variety of rentals and leases, from short-term to long-term, and the different tax implications they may have. The complexity of s...
Understanding Trailing Nexus and Sales Tax Compliance
August 23, 2023 17:00 - 20 minutes - 13.9 MBNavigating the ever-changing landscape of sales tax compliance can be a challenging endeavor for businesses. As sales patterns evolve and business circumstances change, it's crucial to stay on top of your sales tax obligations, even when you no longer meet the criteria for nexus. This is where Peisner Johnson comes in. With expert guidance and a personalized approach, Peisner Johnson can assist you in understanding and managing trailing nexus, ensuring your compliance with sales tax laws. H...
U.S. Sales Tax Compliance for Non-U.S. Businesses
August 18, 2023 15:00 - 17 minutes - 12.1 MBIn this podcast episode we, Ryan Johnson, Danny Wright, and Paul Johnson discuss the compliance requirements for non-US businesses operating in the United States. The conversation touches on various aspects related to tax compliance, especially for foreign sellers. We delve into the concept of nexus, which triggers a business's obligation to collect and remit sales tax in a state. We discuss potential roadblocks and challenges foreign businesses may face when trying to become compliant in th...
Colorado's Retail Delivery Fee and its Expansion
July 21, 2023 19:00 - 21 minutes - 14.6 MBJust about a year ago Colorado implemented their "Retail Delivery Fee." Now with Minnesota ready to implement their own retail delivery fee we ask the question, "where does this end?" The other question we have is, do states really have the authority to impose this fee on businesses? We explore these and other questions in Today's episode. If you have questions about proper compliance to this fee or other sales tax related questions do not hesitate to reach out to us by booking a call with ...
Interview with THE Sales Tax Nerd, Diane Yetter.
July 11, 2023 16:00 - 37 minutes - 25.9 MBDiane L. Yetter (www.linkedin.com/in/dianeyetter) is the “Sales Tax Nerd ® ”. She is a strategist, advisor, speaker, and author in the field of sales and use tax. She is the president and founder of YETTER Tax, a sales tax consulting and tax technology firm. She is also the founder of The Sales Tax Institute. Diane works with clients of all sizes and in a myriad of industries to deliver sales tax services ranging from tax technology to tax policy, planning, and training. She also regularly...
Need To Help Your Clients With Sales Tax? Here Are the Top 6 Reasons to Partner With Peisner Johnson
July 05, 2023 13:00 - 24 minutes - 16.8 MBWhen it comes to helping your clients with sales tax, you may find yourself looking for direction and answers. What better people to turn to than the “Sales Tax People”? Here are the top 6 benefits you will find partnering with Peisner Johnson. Since July 2018, the landscape of sales tax has changed drastically. The United States Supreme Court ruled in favor of South Dakota v. Wayfair. With that, companies across the country saw their nexus footprint change. Every state started looking les...
Understanding the NOMAD States: A Sales Tax Guide
June 27, 2023 17:00 - 13 minutes - 9.4 MBPicture this. You're strolling through the labyrinth of sales tax laws in the United States, and suddenly you come across five states that hit like a cool breeze on a hot summer day: the NOMAD states. These states, devotedly referred to as NOMAD (New Hampshire, Oregon, Montana, Alaska, and Delaware), have something unique to offer—they don't impose any state sales tax. You read that right, no state sales tax. It's like a dream come true, giving you a reason to rest easy at night. However, ...
3 Benefits of Choosing Peisner Johnson for your Sales Tax Needs
June 20, 2023 16:00 - 30 minutes - 21.2 MBStudies show that most companies aren’t happy with their current sales tax process. It doesn’t have to be like that. You can have an exceptional experience with outsourcing your sales tax process and we can prove it. Here are the top benefits of choosing Peisner Johnson. Our Core Beliefs “We over me.” We believe when you help others, you help yourself. This has driven us to keep a ‘We over Me’ mentality across everything we do. This makes the work we do more than just figuring out sales ta...
Mastering Sales Tax Compliance: Navigating the Complexities with Confidence
June 06, 2023 04:00 - 20 minutes - 13.8 MBManaging sales and use tax obligations is no easy task. It requires careful attention to detail, a deep understanding of complex rules and regulations, and a significant investment of time and resources. Yet, despite the challenges, many businesses continue to handle these obligations in-house. In fact, most companies still manage various aspects of sales tax internally. So, why do businesses choose to shoulder this burden themselves? There are several reasons, ranging from a lack of trust ...
Use Tax: What is it and Why Does it Matter?
May 31, 2023 17:00 - 23 minutes - 16.2 MBHave you ever noticed how sometimes we hear a phrase so often that we don't really think about what it means? "Sales and use tax" is one of those phrases that we've probably all heard before, but have you ever stopped to think about what "use tax" actually means? While most of us are familiar with "sales" tax, "use" tax is a concept that often gets overlooked or misunderstood. Let's take a moment to give "use tax" the attention it deserves and learn more about it. What is Use Tax? Use tax ...
Navigating Sales Tax Nexus and Taxability: Expert Insights
May 09, 2023 04:00 - 20 minutes - 14 MBAs a business owner, it's crucial to know your nexus and taxability requirements to avoid running afoul of sales tax laws. Knowing your nexus is crucial because not registering or collecting sales tax when required can result in tax out of your own pocket with significant penalties and interest charges. You must also be aware of the taxability of your products and services in each state where you have nexus. It's essential to understand what's subject to sales tax, what exemptions are availa...
Sales and Use Tax Audits: 3 Steps to Protect Your Business
April 25, 2023 16:00 - 24 minutes - 16.6 MBYou know how stressful it can feel if you’ve received a formal letter with the news of an upcoming audit. So let’s talk about the next steps. What is an audit? An auditor goes into an audit with two things in mind. They want to determine if your business has collected and remitted the proper sales tax amounts from your customers. They want to verify that you’ve paid or self-assessed the correct amount of sales and use tax on the purchases you’ve made during the set audit period. (The s...
Mastering Sales Tax: The 6-Pillar Strategy for Business Success
April 18, 2023 16:00 - 29 minutes - 20.5 MBAre you looking for a way to build your sales tax process to help your business grow successfully? Let’s discuss the pillars of success that outline the principles you need to know. From Pillars to Profit What do pillars have to do with sales tax? Hear me out. Pillars serve structural purposes. They provide support, stability, and alignment. They serve as protection and prevent damage from external forces. They are an essential component and play a critical role in ensuring stability. T...
Charging Sales Tax on Shipping and Handling: What You Need to Know
March 27, 2023 16:00 - 17 minutes - 12.3 MBIf you are a business owner who charges customers for shipping and handling, it's important to understand the rules and regulations for charging sales tax on these items. Failure to comply with the laws could result in penalties and fines, so it's crucial to get it right. In this blog post, we'll explain some things you need to know about charging sales tax on shipping and handling, including the rules, exceptions, and best practices. If you are unsure about what you have been doing sign up...
How To Calculate Sales Tax: What You Need To Know
February 13, 2023 05:00 - 25 minutes - 17.3 MBUnderstanding how to calculate sales tax is as simple as multiplying the sales tax rate times the sales price of the item you’re selling. However, as simple as it may sound, there are nuances depending on your location and situation. Learning how to correctly charge sales tax in each state can create complexity. Let’s talk through it. If you have any questions let's chat HERE.
All States With Sales Tax Now Have Active Economic Nexus
February 06, 2023 21:00 - 16 minutes - 11.5 MBA new year brings new sales tax changes for some states. As of January 1, economic nexus has taken effect and become active in Missouri. More changes may follow suit. It’s a new year, which means there are changes to be aware of! State tax changes take effect either at the beginning of the calendar year (January 1) or the beginning of the fiscal year (July 1). According to the Tax Foundation, “thirty eight states have noteworthy tax changes taking effect.” Check your state here to stay inf...
Best Practices of Sales Tax Due Diligence
February 06, 2023 18:00 - 21 minutes - 14.8 MBWhat does due diligence look like in the sales tax world? As a business owner, due diligence consists of analyzing the accuracy and taxability estimates and your businesses sales tax compliance. It is a process of solving tax problems before they negatively affect your business. This will drastically reduce the amount of unpaid taxes you may owe a state. Questions Answered: What should I be looking at? What ate some blind spots? We offer a free consultation to help you through your due...
Conversation With Jamie Szal
January 26, 2023 18:00 - 24 minutes - 16.9 MBJamie assists businesses in all aspects of state and local tax, from compliance, to audits and administrative proceedings, through litigation. Outside of work, Jamie serves a variety of organizations including MothersEsquire, Trinity College Board of Trustees, a local dental non-profit, and several bar associations. Jamie enjoys raising her fiercely independent, impish daughter; singing; and hiking around Maine with her husband, daughter, and dogs. Conversation Topics Include: - What does...
Interview with Jeremy Porter From Repurpose Recycling
December 09, 2022 16:00 - 15 minutes - 10.5 MBWhile serving the people in Guatemala Jeremy Porter was able to see first hand the poverty of the people living near rivers, streams and the coast. He also saw the amount of plastic and trash that was being thrown into these rivers and streams that was reaching the ocean. When he got home and was studying in college he came up with the Idea of Repurpose Recycling. Repurpose Recycling not only helps keep trash out of our oceans but helps those in poverty gain access to more food, freshwater, ...
Recent Changes With Amazon Warehouse Laws
October 18, 2022 17:00 - 24 minutes - 16.5 MBA common question amongst Amazon sellers is, “If I am part of the Fulfillment by Amazon (FBA) program, am I obligated to collect and remit sales tax?” This can be a tricky question to answer as it is continuously changing and evolving per state. States and local municipalities continually shift and change their tax rules and stances. To complicate things further, Amazon continues to build new warehouses in every state. So finding an accurate answer to this question can prove to be grueling. ...
Interview With Valerie Heckman from LumaTax
October 06, 2022 20:00 - 18 minutes - 12.7 MBValerie has spent 10 years in Cloud Accounting technology. At LumaTax, she's empowering SALT and Client Accounting Services teams to streamline, elevate, & grow their sales tax advisory services (such as nexus studies, threshold monitoring, registrations, and voluntary disclosures). She partners with accounting professionals through technology transformation as they work to deliver an improved client experience and has a passion for learning and teaching new tools. LumaTax is a sales tax so...
What Does a Start Up or Small - Medium Size Business Need To Do About Sales Tax?
September 21, 2022 15:00 - 12 minutes - 8.91 MBWe have spoken to 100s if not 1000s of small to medium sized businesses that are concerned about their sales tax responsibilities. After a discussion with them we often find that there is nothing that needs to be done at the moment. We will never recommend buying things that you don't need. So, I was curious what our recommendations are when it comes to this situation. I invited Paul on to discuss this with me today. Additional Questions Answered: Do I need to collect sales tax? As a sm...
Better Sales Tax Advice is a What's Next Call Away
September 20, 2022 19:00 - 25 minutes - 17.4 MBOn our podcast episodes we talk a lot about getting on a What's Next Call with us. What we haven't done is go through what a What's Next Call consists of. While this may not be an actual recorded call it is as close as it gets. I asked Paul and Danny to give us a reenactment of a recent call with a new contact that had some questions. In this particular scenario a business got some bad advice from a professional but now they are suffering the consequences. They ended up collecting sales wh...
Do You Know Your Sales Tax Responsibilities?
September 08, 2022 21:00 - 24 minutes - 16.6 MBWhen someone new engages with us we almost always start with a sales tax risk analysis. Once you find out that you have some sort of sales tax responsibility this analysis should be your next step. With this analysis you will receive a report that will help you decide what to do next. This could mean that you need to get registered for sales tax, engage in a VDA, or do nothing. Since Paul and Jason have engaged in literally thousands of these. So, I asked them to give me some idea of what th...
How is Your Sales Tax Compliance Going?
August 30, 2022 22:00 - 17 minutes - 11.8 MBWe talk to people with businesses on a daily basis that are unhappy with their sales tax compliance process. Those we talk with are either aware or unaware with the flaws in their sales tax compliance process. What they really don't recognize is that there are different solutions to their sales tax woes that they did not know existed. Additional Questions Answered: What does sales tax automated software cost? What re the pros and cons of sales tax automated software? is switching sales ...
What Should a CPA Know About Sales Tax To Help Their Clients?
August 08, 2022 15:00 - 18 minutes - 13.1 MBSales tax compliance can be a major burden for a business. As a CPA your clients are looking to you as a trusted advisor and mentor to help them navigate any and all tax issues. If your clients lose sleep over sales tax, you may find that you probably do, too. There’s a lot to know, and it can be taxing (no pun intended) to stay up to date while doing all the other functions of your job. That’s why we have come up with a simple approach in helping your clients stay compliant so they can a...
Recovering Lost Funds With A Refund Review
August 05, 2022 18:00 - 27 minutes - 18.9 MBDid you know that you may potentially be paying taxes that you don’t have to pay? It is becoming more important now than ever for businesses to conduct a sales tax refund review. By doing so they have the potential of saving money and better yet, getting money back from overpayments made on their acquisitions of expense and capital asset items. Listen in to see if you should consider a refund review for your business. If you decide that your business would benefit from a sales tax refund r...
Recovering Lost Funds With A Refund Review
August 05, 2022 18:00 - 27 minutes - 18.9 MBDid you know that you may potentially be paying taxes that you don’t have to pay? It is becoming more important now than ever for businesses to conduct a sales tax refund review. By doing so they have the potential of saving money and better yet, getting money back from overpayments made on their acquisitions of expense and capital asset items. Listen in to see if you should consider a refund review for your business. If you decide that your business would benefit from a sales tax refund r...
If I Sell On An Online Marketplace do I have to be registered for Sales Tax?
August 02, 2022 21:00 - 15 minutes - 11 MBThere are so many ways that you can sell your product. One of the most popular ways is through a marketplace facilitator like Amazon, Ebay, and Walmart. In many cases a seller can de-register their sales tax accounts if they only sell on a marketplace facilitator. So, I asked Paul and Jason, under what circumstances would a seller need to remain registered or get registered for sales tax. Additional questions answered: What is a marketplace facilitator? If I only sell on Amazon do I have ...
Have You Just Started Your Business and Want to Get Sales Tax Right?
July 26, 2022 17:00 - 18 minutes - 12.9 MBWhen you are getting your business started there are a lot of things to worry about. One of those things may or may not be sales tax compliance. A lot of people reach out to us about their situation. I invited Paul and Jason on to give their advice on what you should be doing. Questions Answered: How do I know when I should be collecting sales tax? What is sales tax nexus? Where should I register for sales tax? Does sales tax keep you up at night? When I first start my business do I n...
What Does Sales Tax Automation Actually Mean?
July 19, 2022 21:00 - 21 minutes - 14.9 MBWhen you are looking to get compliant with sales tax you will find a few different "automated" solutions. Peisner Johnson has been in the sales tax trenches for the last 30 years and we have used every sales tax software solution out there. But, to truly say that your sales tax is fully automated isn't really accurate. What is automated is truly amazing and well worth it. Let's talk about that. Questions Answered: Is sales tax automation "set it and forget it?" What about sales tax prev...
Ready To Add Subscriptions To Your Online Store?
July 12, 2022 17:00 - 11 minutes - 7.9 MBI was able to meet with Matthew Holman of Qpilot. Qpilot is an amazing company that will help your company develop and deliver a seamless and unified subscription experience for your customers. As more and more businesses go online you want to make sure your customers are having the best experience possible to keep them coming back. This is where Qpilot excels and can take your business to the next level. Additional Questions Answered: What is Qpilot? What can Qpilot do for me? How do I...
Third Party Contractors Give You Sales Tax Nexus.
June 21, 2022 19:00 - 16 minutes - 11.4 MBIf you are currently selling your product or service online you are probably aware of economic nexus. You are probably even tracking your sales and transactions to make sure you aren't hitting economic nexus thresholds. But, did you know that anyone that you contract to fulfill a service give you nexus in that state? And, that you need to register for a sales tax permit and start collecting sale tax? Today we talk through a few different scenarios where you may have physical nexus. Addition...
Have You Implemented Colorado's New Retail Delivery Fee?
June 16, 2022 02:00 - 25 minutes - 17.8 MBIf you file sales tax returns in Colorado you know just how quickly it can get very complicated. There is not only a state sales tax but there are home rule cities and counties. These are all independent tax collecting jurisdictions. Now on top of the sales tax you are collecting you now are required to collect the RDF or retail delivery fee of .27 cents on every delivered product. Listen in as we go over what you should be considering for your own business. Additional Questions Answered: ...
What to Look For in a Sales Tax Professional
June 03, 2022 17:00 - 17 minutes - 12.4 MBWhen getting sales tax compliant, like most things in tax, it can get complicated quickly. As a start up, small business, or you just sell on one marketplace facilitator like Amazon sales tax is simply not that complicated. But, if you are selling on multiple channels, you have multiple products or services, and you sell at a high level getting a sales tax pro is well worth it. We can help you strategize and come up with the best route forward. Additional Questions Answered: How long has ...
Understanding Sales Tax Taxability With Your Subscription Products and Services
May 06, 2022 22:00 - 16 minutes - 11.1 MBThe subscription business model is getting more popular by the minute it seems. Heck! we use a subscription model for our sales tax return services. The amount of things that you can subscribe to are absolutely staggering. Products range from physical items to software. The more you add to your subscription the more complicated it gets to determine whether or not you should be taxing your product or service. Today we talk about just that. Additional Questions Answered: What makes subscript...
How Technology Has Changed The Sales Tax World
April 26, 2022 14:00 - 16 minutes - 11.3 MBTechnology over the last few decades has immensely improved. 30 Years ago when Peisner Johnson was created, research has gone from paper leaflets in binders to the internet. Despite vast improvements sales tax technologies isn't "set it and forget it." Sales tax is complicated enough and ever changing that it will always need collaboration with sales tax practitioners. Additional Questions Answered: How long has PJCo been around? How can sales tax software help? Where is sales tax softw...