07 Feb 2023 Are You Selling in Multiple States?
Authored by Haynie & Company Partner Hal Rosen, CPA
Have you considered the Sales Tax Implications?
In August 2022, Haynie & Company sponsored a Webinar discussing the issue of Economic Nexus for Sales Tax Purposes, which has become an issue for companies doing business in multiple states. This became an issue in June 2019 with the South Dakota vs. Wayfair, Inc. Supreme Court decision.
In the Webinar, we recommended that our clients consider Avalara for sales tax compliance. Many of our clients have successfully integrated one of the Avalara Solutions to become sales tax compliant. Many clients mentioned that they wanted to wait until 2023 to proceed. If you have an issue with multi-state sales tax, we encourage you to not delay in considering your exposure. Penalties and interest compound over time and states have become more aggressive in pursuing those that are not paying.
Avalara has offered a free consultation for our clients to discuss your situation. If you would like to take advantage of this offer, please complete this online form. We will forward your information to our Corporate Representative, who has industry-specific personnel so you receive the best customer service possible.
If you would like to view the August Webinar, follow this link: Please note the recording missed the first 2-3 minutes. It’s important to remember that every state, and sometimes every county in a state, has different rules and rates. This seminar introduces many problematic issues companies face with expanded sales tax exposure.
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