Avalara’s Free Webinar On Managing Sales Tax Compliance

Avalara and Accounting Seed Team Up for a Free Sales Tax Compliance Webinar

Sales tax compliance can be a challenge, especially following the 2018 economic nexus policies. Join Avalara and Accounting Seed for a free webinar on managing sales tax effectively.

With over 12,000 taxing jurisdictions in the US and the varying sales tax rates, managing state and local taxes is certainly a challenge. Following the”South Dakota v. Wayfair, Inc.” Supreme Court ruling, more than 40 states and Washington, D.C., have adopted “economic nexus” policies. This change has dramatically increased the responsibility of online and remote sellers.

While tax compliance isn’t optional, there are ways to reduce the time and effort you are spending, while ensuring your business is covered. Avalara and Accounting Seed are teaming up to give you the info you need for managing sales tax amidst these regulations.

A Quick Recap on South Dakota v. Wayfair, Inc

In a nutshell, in the South Dakota v. Wayfair, Inc case, the Supreme Court ruled that individual states have the authority to tax companies for sales gained remotely. But wait, wasn’t this the case already? Yes, but it was more basic.

Before this case, the nexus which determined taxation was based only on the physical presence in the state in question. If a business was making sales remotely, only the state where the business was physically located would be able to collect sales tax from that company. This rule remains. However, states can now require remote sellers to collect and remit sales tax based on the number of remote sales or transactions conducted remotely in the state involved. This is called an economic nexus.