Sales tax planning for holiday 2021
5 steps to stay compliant
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Retail owners are making lists and checking them twice this holiday season. Of course, inventory, staffing, and marketing are all important parts of your business’s holiday readiness strategy, but have you considered your plan for collecting and remitting sales tax?
The 2021 holiday season is poised for growth; current trends indicate an increase in both online and in-person sales. If your business is planning to grow online sales (including marketplace or social media), expand your brick-and-mortar presence, or hire remote staff, you may want to plan for new sales tax obligations. Read Sales tax planning for holiday 2021: 5 steps to stay compliant to prepare your business for the most wonderful time of the year.
Some highlights from the guide:
How an omnichannel sales tax compliance strategy can help your business during a busy shopping season
What can trigger nexus and what it means
How adding new sales channels can affect your tax obligations