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Posts Tagged ‘sales tax’

Webinar: Simplifying Sales Tax Compliance for Dynamics

Sales tax compliance for Dynamics is complex Whether you're trying to determine which tax rate to use for a particular product in a certain state, keeping track of client tax exemptions or managing when and where to remit the taxes you've collected properly, handling sales tax compliance within your Microsoft Dynamics software is no small task. […]

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6 Most Common Sales Tax Filing Errors

Sales tax filing and reporting rules vary between jurisdictions in major ways. Each state has their own filing rules. This can make staying on top of return tough, including: Schedules Forms Payment thresholds Other admin requirements By using a few best practices, you can avoid costly fines. Join sales tax compliance expert, John Sallese, from […]

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Sales Tax and Drop Shipping – Who Pays?

Ever since people started shipping items across state lines, distributors have been wrestling with a rudimentary question: Who pays the sales tax? This question becomes even more complex when adding a drop ship provider to the equation.  In case you need clarification, a drop shipment is when an item is purchased by a customer then […]

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Drop Shipping and the Manufacturer, Wholesaler, Retailer – A Sales Tax Nightmare

Most would agree that the administration of drop shipments is currently one of the most challenging sales tax scenarios to deal with.  Not only does drop shipping affect the manufacturer, but it can also have an adverse effect on wholesalers, distributors, retailers, and even end users.  To fully understand the taxation of a drop shipment, […]

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Sales and Use Tax is Extremely Complicated! New Guide Breaks Down Sales Tax Practices by State.

Figuring out who owes, who collects, who’s exempt from sales and use tax and what states that all happens in is a complex process. Many of you are probably aware of how the sales tax landscape is changing with state and local governments revising tax laws to increase revenues in order to make up for […]

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Don’t Mess with Nexus in…Florida? Or California, New York, or Texas!

If your business is expanding, good for you! You’re acquiring new customers, maybe even crossing state lines and venturing into new markets. But before you collect a dime, be sure to educate yourself on the sales tax requirements of any new states you do business in. Nexus (aka the requirement to collect/remit sales tax) laws […]

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Moving to the Cloud – Dynamics GP and Sales Tax Compliance

In our last post we discussed how Microsoft Dynamics GP, in conjunction with CCH's Sales Tax Solutions, can help organizations that face complex sales tax calculations.  Today we want to focus in a bit more on utilizing these solutions in the cloud. There are many reasons why an organization would want to move from a premise-based […]

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Why Automation for Microsoft Dynamics

Improving processes and reducing costs requires finding the right solutions to potential problems. But what if you don’t know you have a problem? That’s the way it is with sales tax for many businesses. They feel they have sales tax under control…until they are audited. Once audited, a company quickly discovers that finding a solution that helps […]

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Don’t Become a Sales Tax Castaway

Small and midsized businesses are disproportionately impacted by sales taxes. Sales taxes are an ongoing, constant, immediate tax levied regardless of other business activities and conditions. Overhead costs for sales tax management can include tax research time, collection and storage of customer exemption certificates, calculation and application of sales tax rate to transaction or invoice, […]

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Risky Business: Sales Tax and Audits. Microsoft Dynamics Has the Solution

It’s great to be a high roller when you are visiting your favorite Las Vegas hot spot. But it’s not quite as rewarding when your entire business is at stake. Without even knowing it, that is the kind of high stakes gamble that many business owners are making when they fail to take adequate care […]

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