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#sales-tax

Sales Tax

Sales tax compliance, nexus rules, filing requirements, and tax automation for businesses

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California Just Started Taxing SaaS: What Software Sellers Need to Know Before January 1, 2027
·mike

California Just Started Taxing SaaS: What Software Sellers Need to Know Before January 1, 2027

California's SB 122, signed June 29, 2026, extends sales and use tax (7.25% state rate plus local add-ons) to prewritten software and SaaS starting January 1, 2027. Custom software and cloud infrastructure like AWS stay exempt; sellers over 5 million dollars in digital receipts shift collection to purchasers. Here is what's taxable, how billing-address sourcing works, and a compliance checklist.

sales-tax
saas
california
Illinois Just Killed the 200-Transaction Sales Tax Rule: What Online Sellers Need to Know
·mike

Illinois Just Killed the 200-Transaction Sales Tax Rule: What Online Sellers Need to Know

Illinois eliminated its 200-transaction economic nexus threshold under HB 2755 effective January 1, 2026, leaving a single $100,000 revenue test and offering a limited amnesty window from August 1 to October 31, 2026 for unregistered remote sellers.

tax
tax-compliance
sales-tax
Petting Zoo and Mobile Animal Encounter Bookkeeping: Schedule C vs. Schedule F, USDA Licensing, and Sales Tax
·mike

Petting Zoo and Mobile Animal Encounter Bookkeeping: Schedule C vs. Schedule F, USDA Licensing, and Sales Tax

Petting zoo admission fees are Schedule C income, not Schedule F farm income — a split that affects self-employment tax, the farmer estimated-tax exception, and audit risk. This guide covers the USDA APHIS Class C exhibitor license ($30–$300/year), liability insurance from $545–$780/year, state admissions-tax traps for mobile trailers, and how to keep agritourism books separate from the farm ledger.

agritourism
farming
bookkeeping
Print-on-Demand Bookkeeping: COGS, Fulfillment Fees, and Sales Tax Nexus Explained
·mike

Print-on-Demand Bookkeeping: COGS, Fulfillment Fees, and Sales Tax Nexus Explained

Print-on-demand sellers who are merchants of record (Shopify with Printful or Printify) owe sales tax themselves and can deduct real COGS, while royalty-based marketplace sellers (Redbubble, Amazon Merch, Etsy) owe no sales tax because the platform is a marketplace facilitator and have no deductible COGS at all.

cost-of-goods-sold
sales-tax
nexus
Surviving a State Sales Tax Audit: A Small Business Guide
·mike

Surviving a State Sales Tax Audit: A Small Business Guide

State sales tax auditors use statistical sampling that extrapolates a small error rate across years of transactions, so running a self-audit on use tax accruals, exemption certificates, and nexus exposure before a notice arrives produces a materially better outcome than waiting.

sales-tax
nexus
audit
The Sales Tax Vendor Discount: A Small-Business Guide to Getting Paid for Filing on Time
·mike

The Sales Tax Vendor Discount: A Small-Business Guide to Getting Paid for Filing on Time

About 30 U.S. states let businesses keep a percentage of the sales tax they collect — a vendor discount or collection allowance — for filing and paying on time, with Colorado eliminating its discount and South Dakota suspending its own heading into 2026.

sales-tax
tax-compliance
tax-deadlines
Managing Sales Tax Exemption & Resale Certificates: 6 Best Practices to Survive an Audit
·mike

Managing Sales Tax Exemption & Resale Certificates: 6 Best Practices to Survive an Audit

One missing resale certificate can reprice years of sales as taxable — collect the right form at checkout, validate it on receipt, renew 60 days before expiry, and tie every certificate to its invoices.

sales-tax
tax-compliance
small-business
Shed and Portable Building Bookkeeping: ASC 842 Lease Classification, Rent-to-Own Reserves, and Floor-Plan Financing
·mike

Shed and Portable Building Bookkeeping: ASC 842 Lease Classification, Rent-to-Own Reserves, and Floor-Plan Financing

A working framework for shed builders, dealer lots, and portable building manufacturers to classify rent-to-own contracts under ASC 842, set repossession reserves, apply Section 179 to mover equipment, and handle multi-state sales tax under Wayfair.

bookkeeping
leases
revenue-recognition
Multi-State Sales Tax Compliance for SaaS and Cloud Software Companies in 2026: A Practical Founder's Guide
·mike

Multi-State Sales Tax Compliance for SaaS and Cloud Software Companies in 2026: A Practical Founder's Guide

A state-by-state operational playbook for SaaS founders in 2026 covering economic nexus thresholds, taxability maps (NY, TX, PA, WA taxable; CA non-taxable), Stripe Tax vs Anrok vs Avalara vs TaxJar trade-offs, true object test for bundled invoices, and VDA strategy for cleaning up historical exposure.

sales-tax
saas
tax-compliance
Sales Tax Holidays 2026: A Multi-Channel Retailer's Compliance and POS Configuration Guide
·mike

Sales Tax Holidays 2026: A Multi-Channel Retailer's Compliance and POS Configuration Guide

Twenty-one US states run sales tax holidays in 2026, with seven converging on August 7–9. Here is how Shopify, Amazon, Walmart, and Etsy sellers should configure product taxability, plan inventory, and avoid the per-item cap, bundled-sale, and excluded-venue mistakes that drive audit losses.

sales-tax
multi-state-tax
e-commerce
Bookkeeping for Boxing Gyms, MMA Studios, and Martial Arts Dojos: ASC 606, Deferred Memberships, and Section 179
·mike

Bookkeeping for Boxing Gyms, MMA Studios, and Martial Arts Dojos: ASC 606, Deferred Memberships, and Section 179

A practical bookkeeping playbook for boxing gyms, MMA academies, and martial arts dojos — covering ASC 606 recognition of memberships, belt tests, and fight camps; the 2024 DOL coach classification rule; Section 179 and cost segregation on build-outs; combat-sports liability; and the KPIs (LTV, churn, revenue per square foot) that decide whether a gym scales.

bookkeeping
small-business
revenue-recognition
Custom Picture Framing Shop Bookkeeping: ASC 606 Deposits, WIP Inventory, Section 179 Equipment, and Unclaimed Frame Escheat
·mike

Custom Picture Framing Shop Bookkeeping: ASC 606 Deposits, WIP Inventory, Section 179 Equipment, and Unclaimed Frame Escheat

How custom frame shops should structure their books — ASC 606 revenue recognition at pickup rather than deposit, WIP inventory valuation under Section 471, Section 179 expensing for mat cutters and underpinners, state escheat reporting for unclaimed frames, and the per-square-foot KPIs (conservation glass attach rate, labor productivity, average ticket) that distinguish profitable shops.

bookkeeping
small-business
revenue-recognition
Showing 37–48 of 93 posts