The SALTcast
Welcome to "The SALTcast," your go-to podcast channel for unraveling the intricate world of sales tax. If you're a business owner seeking clarity on sales tax regulations, or a seasoned CPA aiming to provide your clients with impeccable guidance, this podcast is tailored just for you.
Hosted by industry experts from Peisner Johnson, the SALES TAX PEOPLE, with decades of experience in the field, "The SALTcast" is a comprehensive resource designed to demystify the complexities of sales tax and empower you with actionable insights. Our mission is to equip you with the peace of mind, knowledge, tools, and strategies necessary to navigate the ever-evolving landscape of sales tax regulations, ensuring compliance while optimizing financial outcomes.
What You Can Expect:
In-Depth Discussions: Dive into thought-provoking conversations that break down sales tax concepts, regulations, and challenges. Our experts delve into the nuances, sharing real-world scenarios and practical solutions.
Guidance for Business Owners: Whether you're a small business owner or a large enterprise, understanding sales tax is pivotal. "The SALTcast" offers advice to help you grasp the essentials. And, give you the peace of mind you need.
CPA Insights: If you're a CPA, you understand the vital role you play in guiding your clients through the intricacies of sales tax compliance. Join us as we explore different topics you need to know to help your clients.
Real World Examples: Learn through real-world examples and case studies that illustrate how businesses have successfully managed their sales tax obligations. Uncover strategies that you can implement to enhance your own practices.
Why "The SALTcast"?
Subscribe to "The SALTcast" today and embark on a journey towards understanding sales tax. Whether you're looking to enhance your business's financial health or provide exceptional guidance to your clients, our podcast will empower you to make informed decisions and thrive in a complex tax environment.
Tune in to "The SALTcast" on your favorite podcast platform and embark on a transformative learning experience. Your sales tax journey starts here!
The SALTcast
Sales Tax for Amazon and Third Party Sellers in the State of Washington Q&A
- Is Amazon collecting tax in the state of Washington on behalf of third-party (FBA) sellers? 00.50
- Doesn't Amazon already collect tax everywhere? 01:16
- Can a third-party seller direct Amazon to collect tax on their behalf? If so, how much does Amazon charge for that tax collection service? 01:38
- I thought Amazon took the position that tax was not due on sales over the Internet 02:34
- How much does Amazon charge a third-party seller to collect tax on their behalf? 03:22
- How much will my sales decrease if I start charging sales tax? 03:38
- When did Amazon start collecting tax for third-party sellers in Washington? 06:25
- Can we de-register in Washington now? 06:39
- What is the process for de-registering for sales tax in a state? 06:51
- What about the Business and Occupation (B&O) tax in Washington, how does this new process affect it? 7:08
- What's the process for filling out the sales tax return in Washington? 07:35
- Do we report all of our sales to Washington even though Amazon collected it? 07:37
- Do we have to collect sales tax made through other platforms (like WalMart or Ebay) or our own website in Washington? 07:56
- Does the state of Washington say we can de-register now? 09:45
- Is sales tax reporting easier and better now in Washington? 10:05
- Will Washington cancel open sales tax audits of FBA sellers now? 11:17
- What is the penalty rate in Washington? 11:31
- How come Congress doesn't get involved and clean up this mess? 12:24
- Can state auditors still come after FBA sellers in future audits even though Amazon is the tax collector? 14:01
- How will state auditors find FBA sellers now that Amazon is collecting the tax on their behalf? 16:10
- If our only activity ever in Washington was through the FBA, and we aren't currently registered, are we still required to register for the sales tax? 19:06
- What evidence will Washington request to show your activity in their state? 20:50
- How do the new "notice and reporting" rules fit into this? 21:40
- What if I just drop FBA altogether, would that solve my tax problems? 21:55
- Why are states requiring notices to our customers about sales tax? 22:31
- What are the notice and reporting requirements in WA? 22:46
- What's the penalty for not complying with the new notice and reporting rules in WA? 24:09
- Will Washington enforce this harsh penalty? 24:34
- Why not just ignore the new notice and reporting rules in WA? 24:49
- What's the most aggressive state as far as sales tax audits of FBA sellers? 25:41