Sales Tax Help

Service Description

Here's how we help small business get ahead of any sales tax issues: 1. Sales Tax Registration Determine if sales tax nexus exists (physical or economic). Register for a sales tax permit in the required state(s), like with the CDTFA in California. 2. Product/Service Taxability Identify which of your sales are taxable. Determine if exemptions apply (e.g., resale, manufacturing). Help maintain proper resale certificates from customers. 3. Sales Tax Collection Set up point-of-sale (POS) or accounting software (e.g., QuickBooks, Shopify, Square) to correctly calculate and collect sales tax based on state and local rates. 4. Sales Tax Accounting Track collected sales tax separately from revenue. Reconcile sales reports and tax collected. Handle adjustments for returns, discounts, or exempt sales. 5. Sales Tax Filing Prepare and file sales tax returns (monthly, quarterly, or annually). Use systems like CDTFA.ca.gov, AvaTax, or TaxJar as needed. Ensure deadlines are met and payments are accurate. 6. Notices and Audits Respond to state notices or audit letters. Provide documentation and explanations during audits. Correct prior filing errors or omissions. 7. Multi-State Sales Tax Evaluate if you need to collect sales tax in other states due to Wayfair thresholds. Register, collect, and file in multiple jurisdictions if needed. 8. Sales Tax Strategy and Risk Reduction Recommend software or workflow changes to automate compliance. Help avoid under-collection or overpayment. Review business changes (e.g., selling online, opening new locations) to assess new obligations.