What Are the Penalties for Not Paying Sales Tax? Short Summary: There can be significant consequences for not paying sales tax appropriately, both civil and criminal in nature. In general, if you do not collect and remit sales tax where you owe it, you may be subject...
The Pitfalls of Closing a Sales Tax Permit: What to Consider Summary: This blog post provides a comprehensive guide on what to consider when closing a sales tax account, including key steps, common pitfalls, and expert advice from TaxValet on maximizing compliance....
Top Multi-State Income Tax CPAs for Businesses in 2023 Summary: This blog post will provide you with TaxValet’s vetted partners who specialize in multi-state income tax returns and apportionment. Why You Need A Multi-State Income Tax Specialist In recent...
Preparing for Multi-State Income Tax Returns in 2023 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. Working with an...
Top 3 Sales Tax Challenges for International Businesses (and how to fix them) Summary: For foreign businesses, paying sales tax in the United States is particularly challenging. Businesses typically face significant issues registering for a sales tax permits and...
Where Can International Businesses Register for Sales Tax Permits with No ITIN or SSN? Summary: This chart details the states where you can expect issues or delays with the sales tax permit registration process as an international business. STATE Cannot Register...
(720) 432-9021 
