Explore "salestaxandmore" with insightful episodes like "How To Choose A Sales Tax Partner", "How To Set Yourself Up For A Successful Year and Avoid Tax Issues.", "Unlocking the Secrets of eCommerce and Tax Compliance: Expert Advice With Michael Fleming", "Introducing CereTax! Sales Tax Software We Can Get Behind." and "The Biggest Issue Sellers Should Remember at Year-End" from podcasts like ""Sales Tax & More", "Sales Tax & More", "What The Teck?", "Sales Tax & More" and "Sales Tax & More"" and more!
We will discuss...What is the first thing someone should consider when interviewing a potential sales tax returns provider?
Can the provider file all the returns you want to file?
Who is your point of contact?
What is their resouloution process?
In this episode of the Sales Tax and More podcast we discuss setting yourself up for a successful sales tax year and avoiding tax issues.
We discuss economic nexus, physical nexus, registrations and deregistrations, changes in filing frequencies, taxability, and exemptions.
Michael J. Fleming, CMI, is the Founder and President of Sales Tax and More (STM), a consulting and solutions firm specializing in state and local taxes. Before STM, he was the Director at Peisner Johnson, where he became one of the country’s leading authorities on state tax issues, including nexus, drop-shipping, e-commerce, and business licensing. As an industry thought leader, Michael has spoken at national events and is frequently interviewed and quoted by major publications.
When it comes to tax payments, Amazon and other online sellers must navigate increasingly complex regulations that vary by state. In the South Dakota v. Wayfair case, the supreme court ruled that states may collect sales tax from sellers without a physical presence in the area. How can you comply with these regulations to avoid penalties?
Although Amazon sellers aren’t required to pay sales taxes, sellers on other platforms storing inventory in Amazon warehouses must comply. The Wayfair decision initiated discrepancies surrounding the sales tax nexus, which requires sellers to register with states to collect and remit sales tax. For instance, each sale processed and shipped in Texas requires a sales tax collection. According to state sales tax expert Michael Fleming, many retailers avoid these payments and face penalties plus interest. Decreasing risk requires registering with the state through VDAs (voluntary disclosure agreements) and conducting regular audits to ensure compliance.
In today’s episode of What The Teck?, Rolando Rosas and Dave Kelly welcome Michael Fleming, the Founder and President of Sales Tax and More, who shares insights about sales tax requirements for e-commerce businesses. Michael explains how to determine tax payments, why sellers should remain proactive when assessing and paying state sales tax, and the intricacies of sales tax nexus.
In this episode, we are interviewing one of CereTax's founders and their VP of Operations Brent Walker. Brent answers questions about the exciting path CereTax is forging when it comes to sales tax software, after years in the industry.
Michael J. Flemingis the Founder and President of Sales Tax and More, a full-service consulting and solutions firm with a passion for state tax.He is one of the country's leading authorities on sales tax issues such as consulting and research, registrations, returns, nexus, dropshipping, e-commerce, and service providers.
Michaelis a renowned writer and speaker, and he regularly presents on webinars. He is also the host of the Sales Tax and More podcast, where he shares his wisdom and learnings to his audience in order to help them navigate the tricky world of taxes.
As 2020 draws to a close, it’s important for sellers to look back at the year and review their nexus footprint. Many states put in place thresholds that sellers should look at as they carry on with their business and prepare for the coming year.
Additionally, they require sellers to look at certain time periods–mostly the previous calendar year–so that sellers can determine if they met the economic thresholds and physical presence requirements set out by a specific state. If they did, then they need to register for sales tax.
In this week's episode of the Sales Tax and More Podcast, Michael Fleming and Ellie Moffat talk about why it’s important for sellers to review their economic nexus position as the year comes to an end and how it can help them plan for 2021. They will also be discussing the importance of looking at physical presence nexus and explain why this should be done on a regular basis. Stay tuned.
Michael J. Fleming is the founder and president of Sales Tax and More, a full service consulting and solutions firm with a passion for state tax. He is one of the country's leading authorities on sales tax issues such as consulting and research, registrations, returns, nexus, dropshipping, e-commerce, and service providers.
Michael is a renowned writer and speaker, and he regularly presents on webinars. He is also the host of the Sales Tax and More podcast, where he shares his wisdom and learnings to his audience in order to help them navigate the tricky world of taxes.
Before making any decisions regarding sales tax, you should first acquire all the information you need to create an effective tax plan. However, it’s important to gather your information from the right sources when conducting your sales tax research in order to avoid common mistakes and pitfalls.
For example, the team at Sales Tax and More knows from experience that relying on verbal answers from states on issues related to taxability can have major consequences for your business. According to Michael J. Fleming of Sales Tax and More, this is just one of the many dos and don’ts of sales tax research.
In this episode of the Sales Tax and More podcast, Michael J. Fleming is interviewed by his co-host, Ellie Moffat, about the best strategies for conducting sales tax research for your company. They discuss the common mistakes sellers make when gathering sales tax information, the right tools and sites to use for your research, and what you need to know about the taxation of services. Stay tuned.
Michael J. Fleming is the founder and president of Sales Tax and More, a full service consulting and solutions firm with a passion for state tax. He is one of the country's leading authorities on sales tax issues such as consulting and research, registrations, returns, nexus, dropshipping, e-commerce, and service providers.
Michael is a renowned writer and speaker, and he regularly presents on webinars. He is also the host of the Sales Tax and More podcast, where he shares his wisdom and learnings to his audience in order to help them navigate the tricky world of taxes.
When it comes to taxes, states have more power than most people realize. They can track down non-taxpayers and enforce assessments, even if the company or business owner is in a different state. Because of this, failing to pay your sales tax can result in major consequences for your business.
According to Michael J. Fleming of Sales Tax and More, there are a number of ways states can find a person or company that has not been paying the required taxes. These include auditing their customers, using discovery units, and gathering information from third parties like broken partnerships, unhappy spouses, and disgruntled employees.
In this episode of Sales Tax and More, Michael J. Fleming is interviewed by his co-host Ellie Moffat about the consequences associated with people or businesses not paying sales tax. Michael explains what causes states to seek out non-taxpayers, how they find the information they need, and the actions they can take in response to non-compliance. Stay tuned.
Balthasar Wyss is the Vice President of Customer Success and Operations for FlavorCloud, a leading cross-border international shipping company that helps your brand go global. Prior to joining FlavorCloud, Balthasar was the Senior Director of Partner Marketing & Business Development at Avalara, which is a leading provider of sales tax and compliance solutions. He also worked at Microsoft Corporation as Director of Channel Strategy and Partner Marketing.
Balthasar holds a Master's Degree in Social Psychology and Business Administrationa, holds a PhD in Mass Communication from the University of Zurich in Switzerland, and is a postgraduate fellow in Behavioral Sciences at the Swiss Federal Institute of Technology in Zurich.
With the rapid globalization of the world economy, it has now become easier for businesses and individuals to have things ordered from across the border. It offers convenience and competitive prices both for consumers and sellers, but it does pose some problems for those who facilitate the trade.
Balthasar Wyss, VP of Customer Success and Operations for FlavorCloud, says that there are factors to consider when doing cross-border trading; the most important of which is compliance and trade policy.
Tune in to this episode of Sales Tax and More, as Balthasar Wyss talks about why cross-border trading has become increasingly popular, trade policies and compliances to remember, and the challenges of cross-border trading particularly in times of crisis.
Scott Peterson is the Vice President of US Tax Policy and Government Relations for Avalara. Before that, he was the first Executive Director of the Streamlined Sales Tax Governing Board and Director of the South Dakota Sales Tax Division. Accounting Today named Scott as one of the Top 100 Most Influential People in Accounting in 2018 and 2019.
Avalara is a leading provider of cloud-based tax compliance solutions. The company helps businesses of all sizes achieve compliance with transaction taxes and constantly adding new tax types and services. Their solutions are designed to be very fast, accurate, and easy to use, and their vision is to touch every transaction in the world. Avalara has been publicly trading since 2018 and has almost doubled since then.
The Coronavirus (COVID-19) outbreak has affected many taxpayers and countries all over the world. Some US States have decided to encourage their employees to work from home, and others are not allowing people into their offices. All this is done in a bid to control the spread of the disease.
What everyone needs to understand is that things in life and business change, and sometimes things don't happen as we had imagined they would. In such cases, people have to make hard decisions based on the current state of affairs. This is the advice Scott Peterson gives to help in tackling the current disease outbreak.
This week Scott Peterson joins Michael Fleming in this week’s episode to talk about some steps different States have taken to contain the disease, tax reliefs some States are providing, and the effects of the new stimulus bill set to get money into the hands of people.
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