12 Tips Every Business Should Know
While the outlook can be daunting, Avalara (makers of Sage 100 ERP Sales Tax) has compiled a list of 12 things that every business should know when it comes to sales tax compliance. Here's a peek at a few of the top tips.
Determine If You've Created Nexus
Understand Taxability of New Products
Verify Jurisdictions Based on Exact Location, Not Zip Code
Using ZIP codes to determine sales tax rates may prove accurate some of the time... however, using a rate from the wrong jurisdiction or leaving out a special district tax can lead to audits, penalties, and other costs or hassles.