Welcome to The SALTcast, your ultimate source for all things Sales and Use Tax (SALT). Our podcast is your gateway to insightful discussions, expert interviews, and the latest updates in the world of SALT. Whether you're a business owner, tax professional, or just someone curious about navigating the complexities of sales tax, our episodes provide valuable insights and actionable knowledge. Join us as we break down the intricacies of tax compliance, exemptions, economic nexus, and so much more. The best part? You can tune in on all your favorite podcast platforms. So, don't miss out – subscribe, listen, and stay ahead in the ever-evolving world of SALT.
In this conversation we discuss amnesty programs, non-compliance, and remedies for businesses that need to become compliant with sales tax regulations. We emphasize the importance of understanding nexus and taxability, as well as seeking second opinions to avoid bad advice. We explore the pros and cons of registration and voluntary disclosure agreements as methods for achieving compliance. Our conversation concludes with a discussion on the value of educational and informative calls to help businesses make informed decisions and find peace of mind in their sales tax compliance.
Takeaways
Chapters
00:00
Amnesty Programs and Limited Look Back
06:22
Recognizing Non-Compliance and Bad Advice
08:23
Understanding Nexus and Taxability
14:43
Remedies for Non-Compliance: Registration and Voluntary Disclosure Agreements
25:17
Avoiding Bad Advice and Seeking Second Opinions
28:20
The Importance of Facing Compliance and Getting a Second Opinion
32:38
Choosing Between Voluntary Disclosure Agreements and Registration
33:06
Educational and Informative What's Next Calls
34:09
Promoting Peace of Mind and Contacting The Sales Tax People