The Supreme Court and Sales Tax: What You Need to Know

The Supreme Court and Sales Tax: What You Need to KnowFor online retailers, few issues are as confusing and cumbersome as understanding sales tax obligations in various states. Most companies either try to find an automated solution or stick their heads in the sand and hope for the best. In the face of this complexity, the Supreme Court recently agreed to hear South Dakota v. Wayfair, Inc., which challenges the high court’s 1992 decision in Quill Corp. v. North Dakota. If the court sides with South Dakota and overturns Quill, the impact will likely be significant and, at least in the short run, expose many more sellers to today’s sales tax compliance complexity.What you need to know about #SCOTUS and #salestax. #ecommerce @avalara #Unify Click To Tweet

What is Quill and Why Does it Exist?

Much like today, the late 1980s was a time when states were actively seeking ways to get retailers to collect sales tax everywhere. Many states adopted new use tax nexus laws, and a plan developed to find a way to get the U.S. Supreme Court to reconsider a 1967 decision declaring that physical presence was the constitutional test for sales tax collection. In the early 1990s, Heidi Heitkamp, North Dakota’s tax commissioner, filed suit against Quill Corporation, an office supply retailer, to get Quill to collect North Dakota’s use tax on sales made to North Dakota residents. Continue reading

Ask the Expert: Ecommerce Sales Tax

Ask the Expert: Ecommerce Sales TaxAnswers to 4 Common Sales Tax Questions

We hear ecommerce sales tax horror stories all the time. In this increasingly complex and changing industry, both new and experienced sellers are often confused about how much sales tax they should charge—or even if they should charge it at all. Let me be clear: collecting sales tax is not optional for ecommerce sellers. If your business has a significant presence, or nexus, in a state that collects sales tax, but you’re not collecting it at the time of sale, you are still liable for tax in that state, which means it comes out of your pocket. Up-to-speed on #ecommerce sales #tax law? Read this before you sell. #taxcompliance #unify Click To Tweet

That’s a clear start, but unfortunately, figuring out your local rate just scratches the surface of what you should know about sales tax. There are many variables. Sellers—who are usually not tax experts—are often left wondering if, when, and how much to collect and remit in sales tax. In the most general of terms, if you’re in the business of selling tangible products you may need to register, collect, and remit sales tax. To keep it simple, answers to these questions can help get you started in your sales tax self-assessment.
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Sensible Is the New Sexy

Sensiblel is the new sexyWhy sellers should commit to back-end operations before pursuing just another pretty piece of SaaS

At the risk of over-simplifying the ecommerce industry, most of its software falls into one of two categories — sexy and unsexy. Inevitably, the more seductive side of selling entices business owners to buy tools they must have to attract customers, such as beautiful websites, video tools, artificial intelligence, marketing automation, and the like. Because owners think they need customer-facing tools in order to sell online—and because they’re more fun to use—they put tremendous business resources toward these shiny objects.Why #online #sellers should commit to back-end ops before pursuing another pretty piece of #SaaS #Unify Click To Tweet

The truth is, sellers who first invest in the software that does the heavy lifting around data and order management are far more likely to survive their first year. Because the less showy, “boring” side of the business is what sellers actually use to run the company, without it, they are sure to fail. Among dozens of other tasks, this is the software that allows them to

  • automatically post and sync sales data to accounting, inventory, and shipping
  • easily track expenses, fees, and costs to calculate profits
  • process returns and exchanges
  • transfer payment from their customers to their bank account
  • manufacture or source their products
  • ship products, track inventory, see what’s in and out of stock
  • calculate, validate, and collect sales tax

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The 5 Top QuickBooks Apps of 2017

The 5 Top QuickBooks Apps of 2017Written by Fundera’s Seth David

There are so many amazing apps that sync with QuickBooks—it’s difficult to choose just five. But after careful deliberation and reflection on my own experience with these apps, I think we’ve come to the right conclusions.

Below you’ll find the five must-have apps that will make your life easier when you use them in conjunction with QuickBooks.

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Sales tax automation is a must for growth

Sales tax automation is a must for growthBusiness execs weigh in

A recent study by Deloitte found that nearly half of all mid-market companies not only automate, but do it in multiple areas of their business. And why not? It’s a great way to offload time-consuming tasks and free up resources for more value-add activities. And what could be more tedious than sales and use tax compliance?

“It doesn’t make sense in this day and age to manage your own tax system,” says Kelly O’Hanlon, VP of Finance from global chemical distributor ChemPoint. “We don’t have the manpower to calculate sales tax, nor would we want to. You’re better off putting your resources in other areas and outsourcing the tax management.”What could be more tedious than #SalesTax compliance? Nothing. Read this and free yourself. #Unify @Avalara Click To Tweet

Reallocate resources

Aberdeen Research found that prioritizing compliance is a trait of best-in-class companies. Forward-thinking finance leaders are three times more likely to automate sales tax. The biggest motivator? Reducing the drain on resources that comes from trying to manually manage tax compliance.
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