29 Sep 2023 Special offer: Free Business Sales Tax Risk Assessment (a $4,500 value)
Is your business creating a large sales tax liability in states where you do not have a physical nexus? If your business is growing, your sales tax obligations might be too. It’s important to remember that every state, and sometimes every county in a state, has different rules and rates. We have found that clients owe hundreds of thousands of dollars in back sales tax. These are difficult issues that companies are facing due to the June 2019 Supreme Court case (South Dakota vs. Wayfair, Inc.). The Wayfair decision created an “economic” nexus in many states where only physical nexus was previously the determining factor.
In a previous article titled Cautionary Tale: Owner Personally Liable for Sales Tax, we discussed the issue of owners being held personally responsible for the sales tax liabilities of their businesses. Suppose you have multi-state operations and need to collect sales tax in some of those states. In that case, you should determine if you are liable in a state(s), and if so, begin to immediately collect the sales tax so that you are not paying it out of your business profits, or from your personal assets.
For the last 14 months, we have been working with our preferred Sales Tax Partner, Avalara, to provide a trusted source for dealing with sales tax issues. Regarding your sales tax obligations, guessing is no way to operate. That’s why Haynie & Company has partnered with Avalara to extend Avalara’s Standard Sales Tax Risk Assessment (a $4,500 value) at no cost to you. The assessment includes economic and physical nexus obligation evaluations and personalized consultation.
Here’s how it works:
✔ First, you will get access to a guided nexus questionnaire that you can complete at your own pace
✔ Once you’ve submitted your questionnaire, you’ll receive an in-depth analysis of your economic and physical nexus tax obligations within three business days
✔ Finally, you’ll get a one-on-one consultation with an Avalara sales tax professional to help you understand your results and determine your best compliance strategy.
Haynie & Company and Avalara work together to simplify sales tax compliance for companies like yours. Don’t miss out on this limited-time offer to get this valuable information for your business at no charge!
To take advantage of this offer, please complete the online form here, and an Avalara Representative will contact you. This is for a free assessment. Please do not call the Avalara 1-800 number as the telephone representative will not know about this offer. We need to submit the information through our assigned Avalara Advisors.
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