Blog

3 Sales Tax Considerations for Wedding Season

What does wedding season have to do with sales tax? Depending on the products and services your business offers, there could be more involved than you think. Find out if your organization is prepared for these sales tax considerations connected with the upcoming wedding season. According to a study done by The Knot, 80% of […]

Read More
SMBs are Experiencing Employee Burnout at a Rapid Rate Due to Sales Tax Management

No company wants a focus on managing sales tax to distract them from their primary business objectives. But it’s a mandatory part of business that can be particularly daunting for SMBs that lack the necessary time and resources to keep pace with the complexities of sales tax. With over 12,000 U.S. tax jurisdictions that are […]

Read More
5 Ways to Revamp Your Sales Tax Strategy

Let’s face it: no one likes dealing with tax, and no one likes learning they’ve done something wrong when it comes to their organization’s compliance. Sovos launched the Sales Tax Learning Series to guide you through revamping your team’s sales tax strategy. This learning series was designed with industry-leading partners to help you navigate the […]

Read More
Don’t Let Tax Be An Inhibitor to Sales in 2022

Managing sales tax doesn’t have to be a complicated, overwhelming and time-consuming process. Assuming of course that you properly evaluate your internal capabilities, existing technology and varying levels of expertise correctly. With thousands of tax regulations that can change at a moment’s notice, it can seem a nearly impossible task for businesses to remain compliant. […]

Read More
Sales Tax Compliance Challenges and the Great Resignation

If the last two years have been any indication, no industry is safe from the Great Resignation. The latest PwC Pulse Survey found that 77% of respondents said hiring and retaining employees is their most critical growth driver this year. As we have previously covered, many employees see the current job market as the perfect […]

Read More
What to Expect for This Year’s Sales Tax Holidays

This blog was updated on May 12, 2022 While the concept of a sales tax holiday, or a tax free weekend, is not new, it is one that can evolve and change over time. A state may have initially not had one, but implemented one within the last few years. Retailers’ tax departments must remain […]

Read More
Will the Pink Tax Be a Thing of the Past?

Several states are redefining their sales tax laws to better consider gender equality in evaluating what is a necessary good. Often, this means states are looking into how the “pink tax” is applied. The “pink tax” refers to the application of sales tax or value-added tax (VAT) in a way that is considered disproportionally unfair […]

Read More
Stay Informed on Sales and Use Tax in the New Year

Sales tax is tough, especially when it comes to compliance. Sales and use tax compliance takes time and resources, no matter the size of your business. New laws are constantly added and amended, sometimes with little warning, making compliance seem nearly impossible. To make things worse, sales and use tax audits are on the rise […]

Read More
3 Reasons to Consider Sovos as Your Sales Tax Partner

As sales tax continues to evolve in complexity, working with the right partner becomes more important. Currently, 47 states and territories in the U.S. are imposing state or local economic nexus standards. Regardless of the size of your organization, it can be difficult to stay up-to-date on sales tax changes. That’s why partnering with a […]

Read More
Massachusetts Eases Up on its Advance Payment Requirement

In a surprise move, the Massachusetts legislature swiftly adopted a new law easing the sales and use tax compliance burden of their new “Advance Payment” requirement that was imposed on certain large taxpayers beginning last April. As initially reported in December 2020 and then again in March 2021, Massachusetts created a set of unique filing […]

Read More
Sovos Global Tax Determination Seamlessly Handles Black Friday, Cyber Monday Sales

While Black Friday and Cyber Monday 2021 didn’t break records for ecommerce sales, the numbers still showed that online shoppers were out in full force. A return to in-store shopping, global supply chain issues and the continuing pandemic were all cited as likely key factors in the small drop in online shopping numbers this year. […]

Read More
Halstead Bead Inc. v. Louisiana: A Serious Economic Nexus Threat or Minor Blip?

Even those with only a passing familiarity with sales tax understand that the tax rules and the associated compliance requirements are complex in the state of Louisiana (economic nexus only further added to that complexity). There is an argument to be made among practitioners, with strong challenges from states like Alabama and Colorado, that Louisiana is […]

Read More
How to Gain Transparency and Control of Your Tax Engine

Tax is a critical component of your business’ success and should never feel inaccessible. You don’t want your approach to tax to become a black hole where information disappears and is difficult to find. You and your teams deserve full visibility of your data and tax engine information, with self-service tools at your fingertips to […]

Read More
Is Alaska Adopting a State Sales Tax?

The old mnemonic device for remembering states without a statewide sales tax, “NOMAD” (New Hampshire, Oregon, Montana, Alaska, and Delaware) might be dropping a letter. Specifically “A”, with the introduction of HB 3006 and HB 4005 in Alaska. HB 3006 and HB 4005 each includes legislative language that would implement a statewide tax on sales […]

Read More
What’s Happening at SuiteWorld 2021?

The traditional 10-year anniversary gift is tin or aluminum, and while we don’t have a gift like that to celebrate a decade of SuiteWorld, we still want to help you plan the best SuiteWorld 2021 agenda possible.   Whether you’re attending in person or virtually, there’s a lot to learn at SuiteWorld 2021. From attending various educational […]

Read More
Massachusetts DOR to Impose New Filing Requirements on Taxpayers

The Commonwealth of Massachusetts is squarely in the midst of modernizing its sales tax filing and remittance requirements, and in so doing, creating new, novel and likely challenging requirements for taxpayers. The most recent incarnation of this modernization was announced in its September 2021 DOR News, which hints at new requirements for restaurants and ecommerce […]

Read More
How Sovos Customer Support Impacts Your Sales Tax Experience

My colleague, Lisa Holmquest, previously discussed what can be expected from implementing new sales tax software. Sovos aims to deliver value quickly and reduce the cost and effort required to integrate with a new system. Additionally, we want our customers to feel supported 24/7, even when things don’t go as expected. When it comes to […]

Read More
What the New E-988 Surcharge Means for Tax Compliance

In sales tax, ideas spread fast. In the new E-988 surcharge, we may be seeing the very beginning stages of what ultimately might become a new and expansive tax compliance requirement for sellers of prepaid wireless products and services. It all started in July 2020 when the Federal Communication Commission (FCC) adopted regulations designating the […]

Read More