by Stephanie | Jul 6, 2026 | Audits, Stephanie's Wisdom
What Happens when You Are Audited! For many businesses, receiving a sales and use tax audit notice can feel overwhelming. If you’ve never been through one before, you probably have a lot of questions—and maybe even a little panic. The good news? An audit follows...
by Stephanie | Aug 11, 2025 | General Business, Stephanie's Wisdom
3 Sales Tax Questions Every Business Needs to Ask! Are you a business owner trying to navigate the confusing world of sales tax nexus? You’re not alone! Understanding sales tax obligations can feel overwhelming, but we’re here to break it down and make it fun....
by Stephanie | Jan 30, 2025 | Stephanie's Wisdom
Sales Tax Secrets Every Business Owner Should Know! Today, we are going to discuss three important questions about sales tax for business owners. When running a business, understanding sales tax is crucial. Here are three key questions every business owner should...
by Stephanie Thomas | Oct 15, 2024 | General Business, Stephanie's Wisdom
3 Most Confusing Things About Sales Tax Why sales and use tax compliance isn’t as simple as it seems. When it comes to running a business, sales tax compliance often causes more stress than it should. Business owners and accountants alike know that it’s full of tricky...
by Sales Tax Sisters | Jun 27, 2024 | Audits, Stephanie's Wisdom
When it comes to sales tax, shipping, handling, and freight charges can be treated differently depending on the transaction and the jurisdiction. Understanding the distinctions between these charges is important for businesses that want to accurately apply sales tax...
by Stephanie Thomas | May 11, 2024 | General Business, Sales Tax Returns, Stephanie's Wisdom
Avoid These 5 Sales Tax Software Mistakes Choosing the right sales tax software is a crucial decision for any business, yet it’s easy to fall into some common pitfalls. Here are five mistakes to steer clear of, presented with relatable metaphors to make them stick! 1....
by Stephanie Thomas | Dec 20, 2023 | Audits, Mary's Wisdom, Stephanie's Wisdom
Safeguard Your Business: 3 Must-Know Pre-Sales Tax Audit Steps Preparing for a sales tax audit before it happens can save you a lot of stress and ensure smoother interactions with auditors. Here are three crucial steps to take before receiving a notification of...
by Stephanie | Apr 3, 2023 | General Business, Stephanie's Wisdom
Taxable Purchases and Employees: Who Actually Pays the Sales & Use Tax? When a business provides taxable items—like uniforms, gear, or company branded merchandise—to its employees, sales and use tax compliance can quickly get confusing. The main rule regarding...
by Stephanie Thomas | Feb 16, 2023 | Audits, General Business, Stephanie's Wisdom
Sales Tax Exemptions – Tax-Exempt Customers Hi everyone, Welcome to this week’s tax tip! Today, we’re talking about a key topic that often causes confusion for businesses of all sizes — sales tax exemptions, specifically as they relate to tax-exempt customers. We...
by Stephanie Thomas | Jan 4, 2023 | Audits, Stephanie's Wisdom
Sales & Use Tax Audits – Accounts of Interest Hi everyone, Welcome to your weekly tax tip! Today, we’re diving into one of my favorite topics: sales and use tax audits. While audits can seem intimidating, understanding what auditors look for can help you stay one step...
by Stephanie Thomas | Nov 23, 2022 | Audits, Sales Tax Returns, Stephanie's Wisdom
Addressing Sales and Use Tax Credits Hi everyone, Welcome to this week’s tax tip! Today, we’re talking about a scenario that happens more often than many business owners realize—what to do if you overpay sales or use tax. Whether it’s due to a vendor mistake, a...
by Stephanie Thomas | Oct 8, 2022 | Audits, General Business, Stephanie's Wisdom
Sales & Use Tax Document Retention: 5 Essential Tips for Scanning Invoices Hi everyone! Today’s tax tip focuses on sales and use tax document retention—specifically, creating a reliable strategy for digitizing and storing your tax records. Having a structured document...
by Stephanie Thomas | Aug 14, 2022 | Audits, General Business, Sales Tax Returns, Stephanie's Wisdom
Sales Tax and Bad Debt: How Uncollected Revenue Impacts Your Tax Return Every business that extends credit to customers eventually runs into a frustrating situation: you sell a product or perform a service, but the client simply never pays. When an outstanding balance...
by Stephanie Thomas | Mar 23, 2022 | Audits, General Business, Stephanie's Wisdom
Sales and Use Tax Audits- Don’t Forget the Credit Cards When you first receive notification that your business is going to audited for sales and use tax compliance, there are a number of areas of concern they may occur to you. One thing that business owners routinely...
by Stephanie Thomas | Mar 21, 2022 | Audits, General Business, Stephanie's Wisdom
The Marriage of Sales Tax Compliance & Clear, Concise Invoices Sales tax compliance is a complex thing. Knowing whether you must register in a jurisdiction (i.e., do you have nexus), whether what you sell is taxable, what tax rate you should charge, the applicable...
