46 states start their fiscal year on July 1. With that comes a whole new set of sales tax laws to follow. Are you up to speed with what you need to know about the big changes taking effect? The proposed changes could impact your business when they’re enacted as law.
When it comes to the 50 states and sales tax, it is confounding and frustrating to keep up with the new regulations. If your business sells nationally (whether by the Internet, catalog or other means), it is time to review the systems, software and rates you are using.
(Not all systems will automatically update to the latest rates and rules)
To help you get your team up to speed, we have an overview of the basics about sales tax, new laws and what’s “in the news” regarding proposed sales tax regulations.
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