K2's Sales Tax Compliance in a Post-Wayfair World
The Supreme Court's Wayfair decision changes the game with respect to sales tax compliance. Now, many states are rushing to implement laws that also require small businesses to charge, collect and remit sales taxes on transactions that cross state lines.
As a result, sales tax compliance just became infinitely more complex and many businesses could be looking at substantial fines and penalties for not complying. Learn about the new compliance requirements and about tools that you can use to meet these requirements.
- Wayfair Decision
- Sales Tax Compliance
- Sales Tax Software Tools
- Identify key components of the Wayfair decision that impact your organization
- List examples of tools already embedded in many accounting applications that can help you satisfy your compliance objectives and how to activate these tools
- Name at least three tools built specifically for sales tax compliance and provide examples of how these tools can streamline compliance processes
Accounting, financial, and business professionals.
Applicable if you are a HSCPA member in good standing.
Applicable if you are not a HSCPA member.