Davis Davis & Harmon LLC - Sales Tax Experts’ Post

There are only two kinds of DTC operators: Ones who know how difficult sales tax is, and the ones who will eventually find out. To make matters worse, the cost of not managing sales tax properly only grows as the brand does. That’s why we exist. Below is what you can expect to do to remain sales tax compliant or what you can let Numeral (numeralhq.com) do for you. By yourself: → Manually monitor sales to see when you reach economic Nexus (or miss it altogether). → Spend countless hours registering your business in all states it has Nexus. → Ensure you collect the correct sales tax rates across 13,000+ jurisdictions. → Remit monthly, quarterly, and annual tax payments in all relevant jurisdictions. With Numeral: 1) We monitor sales 24/7 and notify you when you reach the economic Nexus. 2) We register your business in all states with Nexus (you won’t have to call a state again). 3) We manage your store’s tax collection settings across all 13,000+ jurisdictions to ensure you collect the correct rates. 4) We automatically remit monthly, quarterly, and annual remittances on your behalf. We know what we’d choose. Got any questions for us? #salestax #shopifysalestax #ecomsalestax

BIR reiterates authority to shut down online and physical businesses with registration and tax violations. #TaxAttorneysPH #TaxLawExpertPH #LMALawTaxCorporateAttorney #LMALaw #TaxPH

🚀 Attention Shopify merchants and DTC brands!🎙️ We’re excited to share the latest episode featuring our very own Meg Higgins, SVP of Global Partnerships. 🎙️ In this insightful conversation, Meg breaks down the complexities of sales tax compliance and how Avalara’s automated solutions are helping merchants grow with confidence. 🔑 Key takeaways from this episode: Avalara for Shopify: Helping merchants grow with ease by automating tax compliance. Sales Tax Complexities: How Avalara simplifies compliance across 13,000+ tax jurisdictions. Marketplace Sellers: Automating tax obligations to stay ahead of marketplace facilitator laws. Reducing Risk: Why automation is critical to avoid audits and costly mistakes. Real-World Examples: From bagel slicing to chocolate bars—small tax nuances, big implications! 🎧 Listen now to uncover the risks of ignoring proper tax calculations and how Avalara is a game-changer for scaling brands: https://lnkd.in/gTZR4yrV #Avalara #Shopify #ecommerce #taxcompliance #dtcpodcast #dtc

🚀New CFO Insights episode alert! Our topic of the day: “New Jersey sales and use tax compliance for businesses”. John Silverstein, VP of FP&A, XR Extreme Reach in conversation with Srishti Rajveer, Financial Technology Consultant at Hyperbots Inc. Key takeaways: - In New Jersey, most things are subject to sales tax. However, it can be tricky to understand taxable versus exempt goods due to the proximity to New York and Pennsylvania. - New Jersey's sales tax is currently 6.625% and is relatively uniform across the state. However, certain urban areas like Camden, Jersey City, and Newark apply additional local taxes in enterprise zones or specific regional tax incentives. - One of the main challenges in New Jersey is ensuring that the state's sales and use tax is correctly applied to both in-state and out-of-state transactions. - AI is incredibly helpful and is already providing huge benefits. Tools like Hyperbots or Avalara can help apply sales and use tax rates accurately. - AI can also automatically monitor rate changes at state and local levels, flagging new rules or modifications, and updating systems immediately. Managing New Jersey’s complex tax rules, including differentiating between taxable and exempt goods, can be challenging, but technology is making it easier. 🔗Watch the full interview: https://lnkd.in/gRmzSJJM #hyperbots #CFOinsights 

Tax Day is a reminder that customers don’t want to feel like just another number… even when submitting numbers! Tax filing brings out anxiety in many of us, but it doesn’t have to be this way.    Our insights at CMP Research show that the top three drivers of what makes self-service experiences most effective for customers are personalization, ease, and speed. When you get back a major swath of time in a world increasingly more busy and demanding, it’s a plus. Very few of us want to take a full Saturday of our busy lives to handle a task we dread, so companies that turn tax filing into a quick, low-stress, and self-service-driven experience will continue to win market share.    Time is one of the biggest friction points we have. Winning customer experience is not just about a consumer’s interactions with your product, but how your product gives the customer back time they can now spend doing something else.    As you can see, I took my two boys to see our New York Rangers play instead of worrying about a tedious day of tax filing.    Making someone else’s life easier is a great foundation for any CX strategy.    #TaxDay #Taxes #CustomerExperience #CustomerService #CustomerContact #CX

Anxious about compliance with the EOPT Act? The Ease of Paying Taxes (EOPT) Act is here with new changes to simplify your tax payment process, including streamlined filing procedures, enhanced digital platforms, and revised deadlines. Staying compliant is crucial to avoid hefty fines, interest charges, legal issues, and operational disruptions. At Retail Associates, we’re dedicated to helping you navigate these changes with timely updates, expert guidance, and efficient solutions.    Ensure your business remains compliant—contact us today for support! #TaxCompliance #EOPTAct #BusinessSupport #RetailAssociates #StayCompliant

Need questions answered about sales tax holidays? We can help! The holidays can be stressful but you don't want sales tax to add to that with dissatisfied customers. Reach out if you have questions. Don't forget to follow us at Clarus Partners

COMPLIANCE Are you navigating the complexities of tax and global financial compliance while selling products and services internationally? Keeping up with ever-changing tax laws can be challenging, especially when dealing with nexus obligations. At Gilmore Global, we specialize in ecommerce solutions on a global scale. Whether you're selling directly or through a third party, many of our clients rely on us to be their certified Merchant of Record. Our solution covers various aspects including bad debt risk, fraud risk, sales and use tax assessment, withholding tax, and more. Let us handle the legal essence of your transactions, allowing you to focus on growing your business seamlessly in the global theatre. #GlobalCommerce #TaxCompliance #FinancialServices #EcommerceSolutions Matt Mozer Mike Dunnigan Jimmy Larcombe Mike Dukart Helen Klaman Linda T. Lance Westbrook Alison Sharp Maggie Watt Sarah Foottit Robert Lachaine Chris Maia Luc Barrette

The states are after their sales tax. 💰 If you sell online, you can't avoid it. Compliance is key—and if you don't know where to start, that's what we're here for. #SalesTax | #TaxCompliance | #Ecommerce | #Meme | #EcommerceTips

Charles Maniace discusses how the Streamlined Sales Tax (SST) Governing Board aims to simplify compliance for digital sellers. The new amendments address the challenge of accurately determining sales tax without requiring customers' precise street addresses. This change follows extensive negotiations between businesses and states, allowing for the use of five-digit zip codes in certain transactions. While this compromise eases compliance for sellers, concerns remain about potential discriminatory tax practices. The amendments await final approval, pending necessary legislative changes in some states. Read more about it here: https://lnkd.in/g4eWw6a9 #Streamlinedsalestax #SUT #taxcompliance Video: Designed by Freepik