The SALTcast

Have You Gotten Advice Regarding Sales Tax, Wayfair, and Nexus? Is It Good Advice?

June 24, 2019 Andrew H. Johnson, CPA and Daniel M. Peisner, CMI, Jason Parr
The SALTcast
Have You Gotten Advice Regarding Sales Tax, Wayfair, and Nexus? Is It Good Advice?
Show Notes

A lot of firms are having issues about knowing what to do about Wayfair, sales tax, nexus, and what to do next. Sales tax problems are emerging and a lot of tax managers, bookkeepers, and accountants do not want to think about it, and they do not know how to react.  

Andy, Dan, and Jason discuss solving those problems using the experience they have attained over the years. 

The main problem is the level of knowledge in the CPA community has about sales tax, which remains low. Could that be intentional on the CPA's part? Many CPAs avoid sales tax by any means possible when the biggest risk businesses face are not taking action on their sales tax issues.

Additional Questions Answered:

Why would CPAs and accountants want to avoid consulting within sales tax?

Why isn't my CPA advising me of my sales tax liabilities?

Should my CPA be advising me of my sales tax liabilities?

What is the benefit of using a sales tax specialist?

How do I deal with sales taxes on my own?

What are my biggest sales tax risks?

What programs do states have to help mitigate my risk?

What should I do about my nexus?

Concerned about some advice you may have received? Don't sweat it! Just get a FREE second opinion from a sales tax specialist. You can apply for a FREE Consultation HERE.