Most states require business sales tax collection and remittance. With the rise of e-commerce came stricter interstate sales tax enforcement, creating today’s minefield of regulations, penalties, and complex compliance processes. Is your business compliant with all 50 states and 35,000 municipalities? Our sales tax advisor services can help:
- Assess your sales tax nexus and liability
- Avoid unnecessary penalties due to non-compliance
- Proactively engage governments to negotiate favorable registration
- Maintain sales tax compliance as your business grows
- Develop comprehensive sales tax planning strategies
What if I don’t charge sales tax?
Failure to collect and remit sales tax is a crime punishable by fines and even jail time. Simply not collecting sales tax is never an option. Although immediate compliance may not be the right business solution, tax planning strategies should always include a path to sales tax compliance.
What are the best sales tax strategies?
Smart business strategic planning incorporates sales tax compliance to avoid unplanned regulatory expenses. No matter your size, a business selling tangible goods should:
Perform monthly sales tax account bookkeeping
Feel they can achieve their primary goals
Plan for compliance expense with interstate business growth
Become Sales Tax Compliant with CFOshare
CFOshare’s sales tax advisor services are the easiest way to ensure ongoing compliance. Our professional outsourced CFO’s will use our three step process to develop the best tax strategies for your business:
Build your sales tax planning strategy now.
Every day accrues additional penalties and interest for non-compliance. Do not wait – contact us now to begin planning your sales tax strategy.