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5 Benefits of Sales and Use Tax Overpayment Reviews | TaxConnex

TaxConnex

Blog authored by Scott Schwertner, National Director of Sales and Use Tax for Invoke Tax Partners. With extensive experience in both the industry and sales tax consulting side, Invoke Tax Partners National Director of Sales and Use Tax, Scott Schwertner, knows how difficult it can be for businesses to get sales tax right on every transaction.

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How not to tank your sales tax audit (part 1)

TaxConnex

If you are a business that must collect and remit sales tax, an audit is probably one of your biggest fears. But as usually happens in business, you can take steps to protect yourself and, in fact, not make the situation worse. States can vary widely in ever-changing nexus laws, so it’s best to verify with a sales tax professional.

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How small businesses can get themselves ready for Cyber Monday

Xero

This guest blog was written by the team at ecommerce accounting integration, Amaka. Cyber Monday was originally an opportunity for ecommerce businesses to dish out huge promotions after Thanksgiving in the United States, but it’s now become a phenomenon around the world. In 2022, Cyber Monday brought in a total of $ 11.3

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6 (Not So) Simple Steps to Sales Tax Compliance

TaxConnex

In this blog , we’ll take a look at the 6 steps to compliance and some of the complexities that go with them. Without nexus, you have no further obligation to a state, but if nexus does exist, you ’ll need to do some additional work. Similarly, services are generally exempt unless stated otherwise. Determine Nexus.

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Tax Season 2024- Get Your Books Ready in 6 Steps

Shay CPA

The start of a new year always feels fresh. Plus, getting things in order before you go to your accountant can streamline the process, helping you avoid extra expenses like troubleshooting services from your bookkeeper or rush-order billable hours with your CPA. Don’t forget to look behind you, though. Amazon, Staples) Payroll (e.g.,

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Six practice apps to make FY24 your best yet

Xero

Over recent years, the world of accounting and bookkeeping has evolved with the times. From advancing business models to offering expanded services to be able to meet new client demands; change has been a constant for the industry. To help you get started, we’ve compiled a list below – all of which can be found in the Xero App Store.

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Should you consider an automated indirect tax system? 9 key questions to ask

ThomsonReuters

Thomson Reuters: How are certain trends in politics, culture, technology, or industry affecting businesses? Thomson Reuters: If a business has plans to implement any system changes now or in the near future, should indirect tax (IDT) automation be considered?