Sales Tax registrations are crucial for your business’s compliance and growth. Sales Tax is a government-imposed levy on the sale of goods and, in many cases, services—the funds collected from sales tax support public services and projects. Why Do You Need to Register for Sales Tax? Legal Compliance: Registering for sales tax is often a…
Managing sales and use taxes can be complex and time-consuming for businesses. Outsourcing sales tax obligations can offer several advantages, as you have outlined. However, it is essential to consider both the benefits and potential drawbacks before deciding. Here are some additional points to consider: Cost-effectiveness: Outsourcing sales tax obligations may incur additional costs, such…
Eliminates Costly Errors, Streamlines Tax Processes Outsourcing your sales/use reporting administration allows you to remove the tedious and mostly dreadful thought of monthly filing deadlines, cut the risk of relying on one person for your filing, eliminate the headache of trying to stay current with so many states and their statutes, forms, and rate changes,…
Free Evaluation – Instant Value with Key Analysis Evaluating your operations and isolating areas of overpayment of sales or use taxes and managing the Claim for Refund of any such overpayments. The evaluation is free and if we do not find any areas of overpayment you still receive a free review of your operations.
Florida sales and use tax and property tax legislation is enacted that provides a number of tax holidays and temporary exemptions. Sales and Use Tax Provisions The legislation includes: a temporary two-year sales and use tax exemption from July 1, 2022 to June 30, 2024, on the retail sales of impact-resistant windows, doors, and garage…
Multistate – Almost two years after the Supreme Court’s Wayfair decision, most companies know by now that states can require remote sellers with no physical presence to collect sales tax. The taxability of specific items and sales tax exemptions vary by state, so many companies are struggling to determine which items to collect tax on and…
September 7, 2017, Davis & Davis LLC came together with donors and community partners for a Champagne Toast and Happy Hour to celebrate the success of our 7th annual suit drive. Thank you to GS Wealth Management, YES Symposium, and Palter Stokely Sims for hosting two additional drop-off locations for this year’s suit drive. Special…
Multi-State – Sales tax requires compliance throughout the year. This necessitates corporations, small business, and entrepreneurs to maintain massive amounts of documentation to ensure compliance with sales tax rules constantly. With that in mind, we came up with a quick list of a few facts that you may not already know. Click the slider to…
It’s no secret that states are struggling to earn revenue and to fill their coffers. Due to the current economic crunch states have become quite savvy in finding non-compliant taxpayers who have not registered to collect and remit sales tax. In our business we have heard and seen it all. We always cringe when a…
Virginia – A bill has passed exempting all Virginia jails food sales to inmates from sales tax. This bill came about due to an online service which allows inmate families to purchase meals for their incarcerated family members. No sales tax was collected subsequently which led to a huge tax liability for the Virginia jails. The new bill exempting inmate meals…
