Voluntary Disclosure Agreements (VDAs) are programs offered by state Department of Revenues that can be utilized to address unpaid tax liability and minimize potential penalties.

The manufacturing industry is known for having many sales and use tax exemption opportunities – but is your business maximizing all possible exemptions? This blog covers some of the common exemptions that apply to the manufacturing industry, so you can identify areas in which your business may need some extra assistance.

While most business owners generally understand their sales tax responsibilities, use tax obligations are often overlooked or misunderstood. Use tax is a separate requirement from sales tax, with its own set of challenges and compliance considerations.

As technology has developed and become progressively more popular, some states have expanded their imposition of sales tax into intangible property like digital goods and services. However, there is a pervasive lack of uniformity among the states, leaving taxpayers with multi-state obligations confused and uninformed.

Payroll taxes can be complex, but compliance with federal, state, and local tax laws is crucial to keep your business running smoothly. 

Working as a contractor presents its own special set of challenges when it comes to sales tax. One of the most confusing aspects of sales tax for a contractor is if and when you need to charge sales tax on your labor and materials. Sales tax laws vary significantly by state, and the rules for contractors can get particularly complex.

Are you taking advantage of all the sales tax exemption opportunities available for your business?

Many businesses struggle to understand their specific sales tax obligations, which can expose them to potential tax liability and a variety of complications, including penalties, revocation of business licenses, and audit.

Understanding the registration process, and how to eventually withdraw a registration if needed, is crucial to ensure your business is compliant with state and local tax laws. In this blog, we’ll break down the process of registration and withdrawal.

Economic nexus laws as an online retailer can be difficult to navigate. Let’s walk through the process step-by-step, starting with a basic understanding of economic nexus.

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.