I
n any economic environment, your goal for your business
is to increase the bottom line, and you can do that in two
ways: by increasing sales or by reducing costs. One of the
hidden costs of doing business is the cost of effectively and
accurately charging and remitting sales tax.
Most U.S.â€based businesses have some sales tax liability and
often also have use tax liability. And, contrary to popular
belief, your business doesn’t need to be a retail business to
incur the liabilities for these taxes.
If you do business outside the United States, you may have
additional sales tax requirements. The rules in the U.S. are
complicated enough that this book focuses just on those
and doesn’t consider rules of taxing authorities outside the
United States.
Okay, so, you’re ready to comply with sales and use tax
regulations
. . . if you could just figure them out. They’ve
always been complicated, and, in recent years, with states
trying to increase their revenues, the rules have gotten even
more complex.
Although it might seem overwhelming and hopeless, it’s not
yet time to throw up your hands in despair! You have options,
and this book helps you explore them.