Avalara and Accounting Seed Team Up for a Free Sales Tax Compliance Webinar
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.
Avalara’s Free Webinar on Managing Sales Tax Compliance
Avalara’s Managing Sales Tax Compliance in an Ever-Changing World webinar will cover everything you need to know about accurate sales tax processing involving the economic nexus. As a sponsor, Accounting Seed will offer additional accounting insight too. You’ll experience:
- An in-depth overview of how the sales and local tax landscape has changed since the Wayfair ruling and what it means for remote sellers of all sizes.
- Learn why it makes sense to leverage software for streamlined sales and use tax calculation, returns, and certificate management.
- Discover how your business may qualify for free services for determination and filing.
- Receive an overview of how the Avalara and Accounting Seed solution simplifies compliance for your business.
Date: May 19, 2020, 2 p.m. EDT
Duration: 45 minutes
You can’t afford to miss this! Join us for the webinar Managing sales tax compliance in an ever-changing world. Reserve Your Seat Now
Schedule a free demo today to explore how Accounting Seed helps you manage finances your way.