Sales tax nexus has a new face. Physical presence still establishes nexus. Now, however, economic nexus is enforced by many states. You know the scope of nexus-creating activities has expanded. But you're not sure how to determine if you have exposure.
Nexus is impacting more companies of all sizes. It's a sneaky devil that can be created in many surprising ways.
We work with you and various different departments throughout your company to analyze all your business activities to determine if your level of activity in a given state is enough to create nexus. If we determine you have nexus, then we quantify your exposure, and make a game plan to move forward to minimize the financial impact on your company.
Often Voluntary Disclosure is the recommended course of action. Most of the time, taxes and penalties can be negotiated and, if necessary, a payment plan can be established.
The first step is recognizing where you stand now. The next step is being proactive as tax laws change and your business continues to grow. We’re here for you every step of the way.
The short answer is yes. When a manufacturer receives a nexus questionnaire it means the state suspects the company has sales tax nexus. Complete the questionnaire truthfully. Determine if you actually have nexus...
Do you spend more time starting fires or putting them out? Probably both! In sales and use tax, starting a fire refers to reducing your tax bill by taking advantage of exemptions and rate reductions while limiting audit assessments....
Nexus has become a very hot topic in the sales tax world for many reasons, including the Marketplace Fairness Act and aggressive actions by states to find new taxpayers and tax revenue sources. Each state has different thresholds for nexus activities that create tax collection obligations...
We have worked with countless clients in every scenario imaginable. Read what they have to say.
Here's what our sales tax geeks suggest:
Watch this webinar for tips to identify nexus-creating activities and how to comply with sales tax nexus laws.
Sales Tax Nexus: Tame the Elephant in the Room
