The Sales Tax by Order report identifies taxable sales for any US State you may have a sales tax nexus.
A recent Supreme Court ruling granting States the authority to impose sales tax obligations on out-of-state businesses regardless of their physical location. Many states now require out-of-state merchants to file and remit sales tax for simply having 200 transactions or $100,000 in sales. Since these rules went into effect in 2019, many merchants have been asking us about sales tax reporting.
We’ve enhanced the Sales Tax reports within Communique to offer greater flexibility in determining your sales tax liabilities.
As of 2020 there are over 11,000 sales tax jurisdictions nationwide. Texas has the most with 1,659 followed by Missouri with 1,491.
If you require Sales Tax Compliance reporting, you should consider services like TaxJar or Avalara.
Before we get started with this presentation, we must offer the following disclaimer. The Sales Tax by Order report is for informational purposes only. It is not designed to offer legal advice or accounting guidance regrading sales tax liability.
Reports are crucial for any business, especially yours.
Marketplace Reporting provides you with better reports so you can have better results for your business wherever you happened to be.
Checkout our YouTube video Sales Tax by Order report found in Communique for Marketplaces for an in-depth look at how automating your business workflows and processes can help your business grow.
Are you ready to automate your workflows to gain maximum productivity? Take a look at one of our recent projects to learn more about how we can help with your business automation, 3rd party integrations, and reporting, contact us.
We hope this post has been helpful. Any questions or comments, please feel free to post.