The ability to navigate the realm of sales tax laws accurately is a difficult feat. Some may believe, before being exposed to the proper information, that sales tax is collected at a steady rate across the country. Nothing could be further from the truth.

What determines a company’s obligation to pay sales taxes on the sale of its goods and services? The binding connection between your company and the state is designated “nexus.”

The best course of action to be prepared is to start as soon as possible. But how exactly do you prepare for an audit?

Taxes have been around since the beginning of civilization, and consequently, not something that we’re actively concerned about at a granular level on a day-to-day basis. While this might be true for the everyday consumers, the same cannot be said for business owners who often, inadvertently, must serve as the sales tax collection agent on behalf of any given tax authority.

At State Tax Advisors, our team of highly experienced tax consultants and advisors work alongside CFOs and accountants on a regular basis. Because of our closeness to the subject matter, we want to help shed some light on accounting for beginners.

The fast paced nature of SaaS companies can often lead to sales tax oversight. Sales tax compliance is paramount for them to run their business successfully.

Whether you’re a small or medium-sized business, taxes can be intimidating. To help you out, we’ve compiled this guide to help businesses like yours confidently navigate sales taxes in your state.

How does Texas tax computer software i.e. systems software, application software and contract programming? Does Texas’ tax statute provide for an exemption or exclusion for software that is designed and created to the specifications of a particular customer but the exclusive rights are not transferred to the customer?

The atmosphere businesses operate in has dramatically changed. This is the digital age – the existence and continual development of the web has allowed for a thriving digital environment prime for multi-state transactions.