Podcasts about exemption certificates

One year temporary exemption certificates are being issued to tackle the MOT backlog, but are bigger changes needed to make the system work? Frank spoke to Alliance's infrastructure spokesman Peter McReynolds Hosted on Acast. See acast.com/privacy for more information.

Linda is joined by Jeremy Logan, Chief Supt Simon Walls and Damian Doherty

For companies that have the responsibility of collecting resale certificates or other types of exemption certificates, there are a couple of things that need to be checked to prevent audit assessments. Michael Fleming, the host of the Sales Tax & More podcast, highlights these items this week Michael is the Founder of Sales Tax & More and is one of the country's leading authorities for state tax issues like consulting and research, registrations, returns, nexus, drop shipping, eCommerce, and service providers. He is a writer, speaker, and regularly presents on webinars. In this episode, Michael Fleming is joined by Dr. Jeremy Weisz to talk about large audit assessments, resale and exemption certificates, and the importance of completely filled certificates.

In this episode, Allyn Tax Analysts give an overview of Sales and Use Tax Exemption Certificates and why it is important for businesses to understand their implications. Listeners tuning in will hear about the common issues businesses face as well as best practices for both issuance and collection of these certificates. Link to Infographic: http://www.allynintl.com/en/tax-services/tax-resources/reference-materials/

On today’s podcast we caught Dan while he was on the road visiting a client. The client had just run into some issues dating back to a few years ago when they acquired another business. A common thing to overlook when doing your due diligence before selling or acquiring a business is sales tax. Having a lot of sales tax exposure could really hurt the sale of your company. Also, if you are acquiring a business and neglect going over the sales tax issues during the due diligence process, it could come back to haunt you years later. Andy and Dan discuss “The 3 Gotchas” when it comes to sales tax, those include; Nexus, Exemption Certificates, Returns, and a Bonus 4th Gotcha. Today you can learn how to protect yourself and your clients.Additional Questions Answered:What sales tax liabilities should I be worried about when I sell my company?What sales tax liabilities should I be worried about when I buy a company?What kind of sales tax due diligence should I do when I buy a company?Why should I care as the acquiring company about the past sales tax liability of the target?How do I know where they have Nexus?What is nexus?Is physical presence what causes nexus?What causes nexus now?How has the Wayfair Supreme court decision changed how nexus is defined today?What kind of liability do I have if the company I am buying hasn’t been collecting exemption certificates?What kind of places accept exemption certificates?Do I need to collect exemption certificates from companies that are tax exempt?What happens when the company I am acquiring hasn’t been filing sales tax returns?To get with us for a FREE Strategy Call go HERE.

David Twigg talks to Ken Ryan about the use of heritage Exemption Certificates across Brisbane including some examples of where they may apply.

Amazon has a platform that gives businesses the ability to sell to businesses and manage their exemption certificates. Andy and Dan discuss this platform and what kind of organizations are typically exempt. Have you ever wondered which states have sales tax holidays? Join us to find out all of these questions. How to claim tax exempt on Amazon? 07:00 How to manage exemption certificates with Amazon? 07:35 What organizations qualify for exempt status? 09:50 Are nonprofits exempt from sales tax? 10:15 Are schools exempt from sales tax? 13:08 What states have sales tax holidays? 13:45 Here is the link to the article from today. https://www.pymnts.com/amazon/2018/amazon-b2b-ecommerce-retail/ Here is the chart available for download. file:///Users/macygordon/Downloads/Chart%20-%20Sales%20to%20Non%20Profits.pdf Here is the link to the youtube video. https://youtu.be/hvoL0PUlj5M