Sales Tax Compliance For Startups Summary: In this post, we discuss what sales tax compliance is, why you need it, and how you can strengthen and protect your startup with a robust sales tax plan. There’s no way around it: taxes are complicated and cumbersome —...
Sales Tax Statute of Limitation Periods for Audits (State-by-state Guide) Summary: Each state has a defined lookback period they use when examining a sales tax audit and assessment. Most states’ statutes of limitations do not apply in the event of fraudulent behavior...
Top Multi-State Income Tax CPAs for Businesses in 2021 Summary: This blog post will provide you with TaxValet’s vetted partners who specialize in multi-state income tax returns and apportionment. You Need A Multi-State Income Tax Specialist In recent...
Preparing for Multi-State Income Tax Returns in 2021 Summary: If you remit sales tax in a state, you might owe income tax in that state as well. Check with your CPA to determine if you owe income tax in a state to avoid substantial penalties later on. It’s that...
How to Comply with Puerto Rico’s Notice and Reporting Requirements Summary: This blog post will provide you with the information and access to the tools you need to comply with Puerto Rico’s Notice and Reporting requirements. Does Puerto Rico Have Economic Nexus...
Which States Require Sales Tax on Cannabidiol (CBD)? Which States Require Sales Tax on Cannabidiol (CBD)? Thankfully, sales tax on Cannabidiol (CBD) is pretty straightforward. Most states allow you to sell CBD products as long as they are properly labeled and meet...
