Podcasts about peisner johnson

Navigating Sales Tax in E-CommerceIn a recent episode of "The Thoughtful Entrepreneur," host Josh delves into the intricate world of sales tax compliance with Jason Parr, the CEO of Peisner Johnson, also known as "The Sales Tax People." This episode is a must-listen for e-commerce businesses grappling with the complexities of sales tax, especially in the wake of the 2018 Supreme Court case "Wayfair vs. South Dakota." Below, we break down the key insights and actionable advice shared during the episode to help you navigate the often-confusing landscape of sales tax compliance.Josh kicks off the episode by inviting listeners to explore his free video resource, which offers insights into generating business leads and partnerships. He emphasizes his extensive experience, having conversed with over 2,000 business leaders, and encourages listeners to visit his website, Up My Influence, for more information. Jason Parr, CEO of Peisner Johnson, joins the conversation. With 33 years of experience, Peisner Johnson has honed its focus on sales tax compliance over the past six years. Jason's expertise provides a deep dive into the challenges and solutions surrounding sales tax for e-commerce businesses.The 2018 Supreme Court case "Wayfair vs. South Dakota" fundamentally changed the sales tax landscape. Prior to this ruling, businesses were only required to collect sales tax in states where they had a physical presence. The Wayfair decision established that businesses must now register and collect sales tax in states where they exceed certain sales thresholds, regardless of physical presence. This has significantly increased the complexity for e-commerce businesses, which may now have sales tax obligations in multiple states. Jason outlines three critical questions that every e-commerce business must consider to ensure sales tax compliance: Do I Have Nexus? Is What I Sell Taxable? Who is Selling the Product? Navigating sales tax can quickly become complicated, especially for rapidly expanding businesses.About Jason Parr:Jason has dedicated his career to helping companies find peace of mind when it comes to state and local tax (SALT), especially sales tax. He has been with Peisner Johnson, "The Sales Tax People", for 27 years. He currently serves as the President and CEO, and has deep experience with all services offered by Peisner Johnson. Having "grown up" in the SALT arena, he has gained an expertise on how to navigate the sales tax issues and processes that keep owners, tax professionals, trusted advisors, and CPAs up at night. Peisner Johnson focuses its efforts on helping companies manage sales tax compliance, including sales tax return services, nexus studies/risk assessments, and getting registered properly, as well as, due diligence related to M&As, audit defense, research, automation, and tax recovery services. Parr lives in Dallas, and he and his wife of 32 years have 6 married children and 12 grandchildren. He enjoys golf, racquetball, ultimate frisbee, and a new favorite - pickleball.About Peisner Johnson:Peisner Johnson, founded in 1992, is a state and local tax consulting firm with a clear mission: Solve clients' state tax problems. Because we focus exclusively on state and local taxes, we have developed a deep understanding of state tax issues. Our clients benefit from our extensive knowledge and experience and our client-first mentality. We have consulted with thousands of companies doing business across the United States and Canada in virtually every industry.Apply to be a Guest on The Thoughtful Entrepreneur: https://go.upmyinfluence.com/podcast-guestLinks Mentioned in this Episode:Want to learn more? Check out Peisner Johnson website at

In this conversation, Ryan Johnson, Jason Parr, and Paul Johnson discuss the complexities of sales tax and the importance of compliance. They emphasize the need for businesses to understand their sales tax responsibility and the various terms and concepts related to sales tax, such as nexus and taxability. The conversation highlights the significance of conducting a thorough risk analysis and collaborating with experts to ensure compliance. The speakers also discuss the different remedies available for businesses to address sales tax liabilities, including voluntary disclosure agreements. They stress the value of seeking second opinions and collaborating with professionals to make informed decisions. The conversation concludes with a reminder of the resources available on the Peisner Johnson website and the importance of educating businesses about sales tax.Takeaways: - Understanding sales tax compliance is crucial for businesses to avoid penalties and liabilities. - Conducting a thorough risk analysis and collaborating with experts can help businesses determine their sales tax responsibility. - Properly understanding terms like nexus and taxability is essential for accurate compliance. - Businesses should consider different remedies, such as voluntary disclosure agreements, to address sales tax liabilities.Chapters:00:00Introduction and New Year's Update01:05The Complexity of Sales Tax02:23Getting Started with Sales Tax Compliance03:19Identifying Sales Tax Responsibility04:46Understanding Nexus and Risk Analysis08:01The Importance of Proper Nexus Study10:25Taxability and Risk Analysis13:48Remedies for Sales Tax Compliance17:12Amnesty Programs and Second Opinions19:02Collaboration and Peace of Mind23:40The Importance of Nexus Analysis25:20Educating Businesses for Informed Decisions26:09Resources and Conclusion

Expert Danny Wright from Peisner Johnson discusses the intricacies of sales tax and how it applies to business owners. Core concepts are discussed including determining if a business is subject to sales tax, identifying 'nexus' states where sales tax may be applicable, and understanding which products or services are taxable. Danny highlights the impact of accidental non-compliance, discussing the pitfalls of not remitting the sales tax charged to customers. He also notes complications caused by remote workers or drop-shipping in different states and explains the responsibilities under new marketplace facilitator laws. Finally, Danny explains how their firm offers free consultations to help businesses understand their unique responsibilities and potential liabilities.[00:00 - 09:24] Introduction to Sales Tax for Business OwnersDanny emphasizes the critical nature of sales tax as a gross receipts tax, which is independent of business profitability. He underlines the significance of setting up tax collection processes and the peace of mind it brings, despite initial administrative costs.Three main questions are addressed: What is the sales tax nexus? Is my product or service subject to sales tax? Who is responsible for handling sales tax?[09:24 - 20:30] The Impact of Sales Tax Nexus on Business OperationsSales tax is due based on the 'ship to' address, not where the product is sold or the business has nexus.A single small transaction does not automatically trigger nexus unless it exceeds the state's established threshold.Sales tax responsibility begins only after reaching the threshold, and states often offer a grace period for businesses to register and start collecting tax.[20:54 - 33:55] Invoicing and Pricing in TaxationDanny discusses the complexity of sales tax, highlighting that a business might have both taxable and non-taxable revenue streams.How businesses invoice their customers can affect taxability.Businesses with nexus in multiple states may still find that their products are exempt from sales tax everywhere.Quotes:"It's super important to pay attention to [sales tax] because it doesn't care about profitability... it really is something that can get you in trouble in a hurry in the future if you don't get an "Once you hit [an economic nexus] threshold, that is when your responsibility begins... a lot of the states offer a grace period... that's part of what you can pay attention to when you're reviewing your nexus." - Danny Wright"If you collect tax from a customer, it's not yours. And never keep it because you're going to be dealing with questions around fraud in the future." - Danny WrightConnect with Danny!Email: dannyw@pj.tax  Website: https://peisnerjohnson.com ______Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastJoin TaxElm: https://taxelm.com/IncSight Packages (Full-Service): https://incsight.net/pricing/Book an Initial Consultation (IncSight): https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/YouTube: https://www.youtube.com/@TaxSavings 

Exploring Peisner Johnson's Values and PurposeJason has been with Peisner Johnson for over 25 years.Jason explains his journey at the company and how his "why" has evolved over time.The core value of "we over me" is discussed, emphasizing building relationships over transactions.The importance of helping people and providing peace of mind regarding sales tax issues is highlighted.Danny shares his experience and how Peisner Johnson assists businesses in managing sales tax complexities.The concept that sales tax can affect various aspects of a business and individual well-being is emphasized.Collaboration and Confidence BuildingThe principle of "collaboration builds confidence" is introduced.Jason talks about how collaborating with trusted individuals enhances decision-making and confidence.The "What's Next Calls" are explained as free consultations to educate and provide confidence to clients.Danny shares an example of how collaboration and informed decision-making helped a complex business situation.Finding the intersection between perfect compliance and practicality is emphasized.The value of information and sales tax consulting in providing peace of mind is discussed.Authenticity and Abundance MentalityThe authenticity of Peisner Johnson's approach is highlighted.We emphasize our commitment to helping people over a transaction-focused approach.An abundance mentality is discussed, focusing on the belief that helping others will ultimately benefit the company.The impact of Peisner Johnson's services on businesses and individuals facing sales tax challenges is emphasized.You can learn more about us by visiting our website https://www.peisnerjohnson.com/

Navigating the ever-changing landscape of sales tax compliance can be a challenging endeavor for businesses. As sales patterns evolve and business circumstances change, it's crucial to stay on top of your sales tax obligations, even when you no longer meet the criteria for nexus. This is where Peisner Johnson comes in. With expert guidance and a personalized approach, Peisner Johnson can assist you in understanding and managing trailing nexus, ensuring your compliance with sales tax laws.Here are some questions we cover in this episode:What is Trailing Nexus?How Long Does Trailing Nexus Last?When Can I Cancel My Sales Tax Registration?What About Online Sellers? How Do I Know If My Business Has Trailing Nexus?If you have questions regarding your business and whether or not you should be register let's chat here: https://www.peisnerjohnson.com/whats-next/

With over two decades of experience as a sales tax specialist, Jason Parr brings to the conversation unmatched insights and an in-depth understanding of sales tax compliance. Having spent a significant portion of his career at Peisner Johnson, a firm known for its expertise in state and local taxation, Jason has developed a knack for simplifying complex tax laws for business owners. Recently, his focus has shifted to educating entrepreneurs on the implications of the recent changes in sales tax laws, particularly for businesses looking to exit. Mitigate risks and ensure compliance in sales tax obligations. Navigating through the sales tax landscape is no child's play, especially since it branches across various states and bears different rules and complexities within each jurisdiction. From determining the sales tax nexus to the array of goods and services taxable; it is a web full of legalities and liabilities. Imagine, while focusing on amplifying business scalability, you're also struggling with these tedious tax norms. Exhausting, right? Not if you have professional assistance. During the conversation, Jason accentuates the significance of professional consultation when it comes to understanding your sales tax responsibilities. He shared his company provides free consultations to educate businesses on these critical issues. Better to be safe than accumulated penalties and deal disruptions during business transactions, wouldn't you agree? Visit his website for more information. If you would like to learn more about how to start preparing your business, then you can get more information here: It All Begins with Insights.

With over two decades of experience as a sales tax specialist, Jason Parr brings to the conversation unmatched insights and an in-depth understanding of sales tax compliance. Having spent a significant portion of his career at Peisner Johnson, a firm known for its expertise in state and local taxation, Jason has developed a knack for simplifying complex tax laws for business owners. Recently, his focus has shifted to educating entrepreneurs on the implications of the recent changes in sales tax laws, particularly for businesses looking to exit. Mitigate risks and ensure compliance in sales tax obligations. Navigating through the sales tax landscape is no child's play, especially since it branches across various states and bears different rules and complexities within each jurisdiction. From determining the sales tax nexus to the array of goods and services taxable; it is a web full of legalities and liabilities. Imagine, while focusing on amplifying business scalability, you're also struggling with these tedious tax norms. Exhausting, right? Not if you have professional assistance. During the conversation, Jason accentuates the significance of professional consultation when it comes to understanding your sales tax responsibilities. He shared his company provides free consultations to educate businesses on these critical issues. Better to be safe than accumulated penalties and deal disruptions during business transactions, wouldn't you agree? Visit his website for more information. If you would like to learn more about how to start preparing your business, then you can get more information here: It All Begins with Insights.

When it comes to helping your clients with sales tax, you may find yourself looking for direction and answers. What better people to turn to than the “Sales Tax People”? Here are the top 6 benefits you will find partnering with Peisner Johnson. Since July 2018, the landscape of sales tax has changed drastically. The United States Supreme Court ruled in favor of South Dakota v. Wayfair. With that, companies across the country saw their nexus footprint change. Every state started looking less at where businesses operate from a physical standpoint and more on where customers are located and where products and services are being sold to.

Studies show that most companies aren't happy with their current sales tax process. It doesn't have to be like that. You can have an exceptional experience with outsourcing your sales tax process and we can prove it. Here are the top benefits of choosing Peisner Johnson.Our Core Beliefs “We over me.”We believe when you help others, you help yourself. This has driven us to keep a ‘We over Me' mentality across everything we do. This makes the work we do more than just figuring out sales taxes. We are here to help you, however that may be. We understand the inevitable nature of sales taxes and ultimately, we want you to have the peace of mind that comes from knowing what your options are.

Jamie assists businesses in all aspects of state and local tax, from compliance, to audits and administrative proceedings, through litigation. Outside of work, Jamie serves a variety oforganizations including MothersEsquire, Trinity College Board of Trustees, a local dentalnon-profit, and several bar associations. Jamie enjoys raising her fiercely independent, impish daughter; singing; and hiking around Maine with her husband, daughter, and dogs.Conversation Topics Include: - What does Brann & Isaacson do for Clients?  - What does Peisner Johnson and Brann & Isaacson have in common? - What recent legislation changes are your clients experiencing? - What kind of tax traps are you seeing that your clients are dealing with? - What advice can you give to businesses?You can follow Jamie on linkedIn here: https://www.linkedin.com/in/jamieszal/

On this week's episode, Roger chats with sales tax professional Jason Parr on everything we need to know as accountants about this fabled margin killer. Jason starts by sharing his story of how he started out as an accountant, from dreaming of becoming an Engineer but instead working at an accounting firm and now running and becoming President & CEO of an accounting firm. Jason shares why he niched into sales tax and why it is important that as accountants for new and old businesses, understand sales tax in the new world of online sales. He also shares some nuggets of knowledge that accounting professionals should be aware of in regard to sales tax as well as how you can know if your client is compliant. Jason also drops some advice for accountants on how to help their clients who are facing this issue. Your Host: Roger Knecht, president of Universal Accounting Center Guest Name: Jason Parr “Parr” is where the buck stops at Peisner Johnson. And it's a good thing he's been with the firm for almost 25 years. It takes that kind of deep experience in all the services we perform to make sure we have the right people with the right clients to drive the results our clients deserve. Parr lives in Dallas, and he and his wife have 6 children and 12 grandchildren. He enjoys golf, racquetball, ultimate frisbee, and a new favorite that's popular at their St George, UT Office: Pickle Ball. Sponsors: Universal Accounting Center Helping accounting professionals confidently and competently offer quality accounting services to get paid what they are worth.   Offers: What's Next Call – Sales Tax Q&A Your ‘What's Next' call is absolutely free, and it's meant to be a consultative discovery call. We learn about you and your business operations, you learn about us, we answer questions you have, and provide you with important details related to nexus, taxability, and how to become compliant. It's not a sales call (though you might very well be interested in what we can do to offer you peace of mind). We're perfectly happy if you leave this call educated on the issues, but don't need our help. We want you to be confident on your next steps, with or without us. A free consultation where you talk to a sales tax practitioner and not a sales rep – that's a ‘What's Next' call. Give us a try for some peace of mind. https://peisnerjohnson.com/whats-next/   Get a FREE copy of this book all accounting professionals should use to work on their business and become profitable.  This is a must-have addition to every accountant's library to provide quality CFO & Advisory services as a Profit & Growth Expert today: “in the BLACK, nine principles to make your business profitable” – e-book “Red to BLACK in 30 days – A small business accountant's guide to QUICK turnarounds” – the how-to-guide e-book for accounting professionals   For Additional FREE Resources for accounting professionals check out this collection HERE!   Be sure to join us for GrowCon, the LIVE event for accounting professionals to work ON their business. This is a conference you don't want to miss.   Remember this, Accounting Success IS Universal. Listen to our next episode and be sure to subscribe.   Also, let us know what you think of the podcast and please share any suggestions you may have.  We look forward to your input: Podcast Feedback   For more information on how you can apply these principles in your business please visit us at www.universalaccountingschool.com or call us at 8012653777

When you are looking to get compliant with sales tax you will find a few different "automated" solutions. Peisner Johnson has been  in the sales tax trenches for the last 30 years and we have used every sales tax software solution out there.  But, to truly say that your sales tax is fully automated isn't really accurate. What is automated is truly amazing and well worth it. Let's talk about that.Questions Answered:Is sales tax automation "set it and forget it?"What about sales tax prevents it from being totally automated?What is truly automated  with sales tax automation software solutions?What does sales tax software do right?Do I need to talk to a sales tax professional?How do I know the correct sales tax rates?If you are looking for a sales tax compliance solution or you are not super happy with your current solution, lets chat. You can schedule a call with us here: https://peisnerjohnson.com/whats-next/

When getting  sales tax compliant, like most things in tax, it can get complicated quickly. As a start up, small business, or you just sell on one marketplace facilitator like Amazon sales tax is simply not that complicated. But, if you are selling on multiple channels, you have multiple products or services, and you sell at a high level getting a sales tax pro is well worth it. We can help you strategize and come up with the best route forward.Additional Questions Answered:How long has Peisner Johnson been around?How do I know what level of sales tax consulting I need?Should I rely on my CPA for my sales tax responsibilities?Does Peisner Johnson work with CPA's to help their clients with sales tax?What is the best way to work with Peisner Johnson?If you are looking to get sales tax compliant or you are looking to change up your provider reach out to us here: https://peisnerjohnson.com/whats-next/

“The most costly mistake you can make when it comes to sales tax is ignoring the current situation or marketplace.” - Jason ParrJason Parr has dedicated his career to helping companies find peace of mind when it comes to state and local tax (SALT), especially sales tax. He has been with Peisner Johnson for 25 years. He currently serves as its President and CEO and has deep experience with all services offered by Peisner Johnson. Having "grown-up" in the SALT arena, he has gained expertise on how to navigate the sales tax issues and processes that keep owners, tax professionals, accountants, and CPAs up at night. Peisner Johnson focuses its efforts on helping companies manage sales tax compliance, including sales tax return services, nexus studies/risk assessments, and getting registered properly, as well as, due diligence, audit defense, research, automation, and tax recovery services. Parr lives in Dallas, and he and his wife of 31 years have 6 married children and 9 grandchildren, and 2 on the way. He enjoys golf, racquetball, ultimate frisbee, and a new favorite - pickleball.Please enjoy!Click here to subscribe to The Sell My Business Podcast to save time and effort.SELECTED LINKS FOR THIS EPISODEPeisner JohnsonEmail: jparr@pj.taxThe Deep Wealth Sell My Business PodcastCockroach Startups: What You Need To Know To Succeed And ProsperFREE Deep Wealth eBook on Why You Suck At Selling Your Business And What You Can Do About It (Today)Book Your FREE Deep Wealth Strategy Call

Technology over the last few decades has immensely improved. 30 Years ago when Peisner Johnson was created, research has gone from paper leaflets in binders to the internet. Despite vast improvements sales tax technologies isn't "set it and forget it." Sales tax is complicated enough and ever changing that it will always need collaboration with sales tax practitioners.Additional Questions Answered: How long has PJCo been around?How can sales tax software help?Where is sales tax software a hinderance?Using sales tax software can I just set up my sales tax accounts and forget it?What does sales tax software not do?Has PJCo handle sales tax notices?Should my sales tax returns show that more sales tax than I actually collected?If sales tax software and automation solutions isn't quite what you suspected you are not alone. That is why we have the free "What's Next" call so we can help you decide what you need to do next! Schedule a "What's Next" call here: https://peisnerjohnson.com/whats-next/

Due  diligence when merging or acquiring a business is a no brainer. What happens way to often is sales tax is overlooked or not looked at at all! Sales tax is often a major factor in business purchases and could really decimate your bottom line. We believe having an expert in the sales tax area can be an enormous benefit.Additional Questions Answered:What does due diligence for sales tax look like?How would a refund review help?How can Peisner Johnson help the buyer?How can Peisner Johnson help the seller?Why do we look at purchases?If you are looking to merge with, sell, or purchase a company it would be wise to get on a quick What's Next call with us to help determine if there are any red flags. You can schedule your call here: https://peisnerjohnson.com/whats-next/

Jason the CEO of Peisner Johnson shares how to take care of you sales tax responsibilities by asking these 3 questions. Get more info at http://PJ.Tax/

Have you been researching and investigating on how to best handle your sales tax responsibilities in 2022? You are not alone. You have probably found that there are a few different options, including,  automated software solutions and other full service providers like us, Peisner Johnson. Today we talk about what you can expect.Additional Questions Answered.What do I need to know to determine my sales tax responsibilities? How do I know if I am collecting the right amount of sales tax?What are my cheapest sales tax compliance options?What pitfalls are there with automated software solutions?How do automated software solutions calculate my sales tax returns?How does Peisner Johnson calculate my sales tax returns?How are notices handled with automated software and Peisner Johnson?Will stated audit my sales tax returns for correctness?Do I need to pay the estimated tax due on a state notice?What kind of notices will I get from states?If you are looking into your options and need help deciding what will be best for your situation. You can jump on a What's Next Call with us and we can help you through the decision process. 

Sales tax responsibilities are becoming increasingly complex as legislation changes. In this episode,  Adam Torres and Jason A. Parr, President & CEO of Peisner Johnson, explore sales tax options for business owners.     Follow Adam on Instagram at https://www.instagram.com/askadamtorres/ for up to date information on book releases and tour schedule.Apply to be interviewed by Adam on our podcast:https://missionmatters.lpages.co/podcastguest/Visit our website:https://missionmatters.com/

Jason Parr, the President of Peisner Johnson, a state and local tax consulting company, joined us this week for Where Accountants Go, the Accounting Careers Podcast. In this episode, we discuss the road less traveled so-to-speak with respect to careers… that of staying at the same company and continuing to build your career at that one organization.  For Jason, that meant starting as an assistant in accounting prior to earning his degree, and ending up as President after a couple decades of diligent effort and personal growth.  Jason tells the story better than we could in a simple show notes summary, so make sure you listen to the full interview using the player below, or by using your favorite podcast app. If you ultimately want to work your way into executive management, this is definitely an episode you will want to hear.  Jason was very open about his path, even about some of his doubts and learning opportunities along the way.  This was a great interview. If you enjoy this episode, please also check out:  Paula Gold-Williams and Anoop Mehta To listen to this interview with Jason Parr of Peisner Johnson, please use the player below:

LifeBlood NUMBERS: We talked about the Supreme Court case that changed the rules for ecommerce and state taxes, how to determine your potential tax liability, and what to do if you haven't been paying taxes up until now with Jason Parr, CEO of Peisner Johnson, a state and local tax consulting firm.  Listen to learn how to ensure unpaid state taxes don't erase your margins!   For the Difference Making Tip, scan ahead to 13:22! You can learn more about Jason at PJ.Tax and LinkedIn. You can learn more about the show at MoneyAlignmentAcademy.com, Twitter, LinkedIn, Instagram, Pinterest, YouTube and Facebook or contact George at Contact@GeorgeGrombacher.com.

Jason Parr is the President and CEO of Peisner Johnson. Parr has been with the Texas-based state and local tax firm for 25 years. He focuses on Sales Tax Return Services (STRS), Nexus Studies, Taxability Research, Due Diligence, Audit Support, and Tax Recovery.Visit Peisner Johnson's website here: https://peisnerjohnson.com/On This Episode, We Discuss...- How to Determine What is Taxable - Figuring out the Liabilities vs. the Non-Liabilities- The Importance of State and Local Tax- How Should Companies Handle State Tax Compliance- Eligible Refunds that Might be Due Post Acquisition

Jason Parr's growth into the CEO position at Peisner Johnson has created a new style of branding, established a unique way of catering to customers, and even improved employee experience.    To learn more about Jason and his journey to accounting firm CEO, listen to the latest Growing Your Firm Podcast!    jetpackworkflow.com/blog/jason-parr-accounting-firm-ceo

Jason Parr is the President and CEO of Peisner Johnson, a State and Local Tax Consulting Firm. "We are the sales tax people"... we help companies gain peace of mind when it comes to sales and use tax obligations. Parr has been with the Firm for 25 years, starting out as a staff assistant in 1996. He grew up in the Firm, and has a deep knowledge regarding the pitfalls and successes of dealing with state and local taxes.

In a recent article from CPA Trendlines it states that 98% of small businesses are failing to fully comply to their sales tax responsibilities. Also, on top of that 71% of accountants falling short on helping their clients be sales tax compliant. Despite everyone knowing that sales tax is a requirement there are still many accountants and CPAs that are unaware on how they can help their clients. We work a lot with accountants, bookkeepers, and CPAs and I asked the team to come and talk about what a partnership with us looks like.Additional questions answered:How does Peisner Johnson help with sales tax?Do we compete in an accountants world?Why is it important to have sales tax knowledge?Where can I get educated in sales tax?Do I need to provide sales tax services for my clients?A What's Next Call is for everyone, this includes accountants, bookkeepers, and CPAs. Schedule your free What's Next Call with us here: pj.tax

A Little About Jason Parr and Paul Johnson:President and CEO of Peisner Johnson, a State and Local Tax Consulting Firm. "We are the sales tax people"... we help companies gain peace of mind when it comes to sales and uses tax obligations. Parr has been with the firm for 25 years, starting as a staff assistant in 1996. He grew up in the firm and has deep knowledge regarding the pitfalls and successes of dealing with state and local taxes.In this episode of The Millionaire's Lawyer, JP, Jason Parr, and Paul Johnson discuss:Jason and Paul  mention how things have greatly changed in the Tax world over the last few years.E-Commerce has made a great impact on how the government and states are looking at taxing businesses.Sales TaxTax on a transaction6% to 12% depending on the jurisdictionDifferent per stateHuge deal, aka, Margin Killer, if the sales tax is unpaidCan ruin selling your business should you not be compliantIn 2018 there was a Taxation case in the Supreme Courts in regards to where corporations are required to be registered and compliantJason and Paul state how important it is to have confidence regarding your taxation and make sure you have all jurisdictions covered in which you may be collecting tax.Collaboration builds confidence, outsource what you are not an expert in"What's Next?" CallDo I have Nexus?Is what I have taxable in that jurisdiction? / Fully-taxable or partial?How do I sell?Market place FacilitatorIf you are using a place like Amazon, they do this for you.Each state taxes differently, Jason provides the example of SupplementsIn some states, the Supplements are fully taxableIn others, they are only partially taxable.You are responsible to know this.Jason and Paul mention that there is software out there to help trackThere are Monthly and Quarterly remittancesMake sure you are set up now for when you need to get there, prepare for the growth ahead of time.Manage where you are and set up the automation for that, and then when you expand add that into the automated system.StateAndLocalTaxScott LeTourneauBoth Jason and Paul feel like the Government is going to become a little bit more aggressive in regards to the corporations that are not compliant, and even those who are yet to be registered in the correct jurisdiction.Remain consistent in your Core ValuesIt is hard to successfully multi-task, slow down and become really good at one thing.Connect with Jason Parr and Paul Johnson:WebsiteLinkedInWhat's Next CallConnect with your host, JP:TwitterInstagramFacebookWebsiteShow:LinkedInEmail:  jpmcavoy@conductlaw.comPhone:  1-833-890-8878THANK YOU TO OUR SPONSOR:Conduct LawWebsite

In Episode 14, I interview Michael Flemming of Peisner Johnson and Company where we go into the different Accounting rules and regulations that US and non-US E-commerce sellers need to be aware of when selling in the US. We go into when to register for sales tax, what the main taxation obligations are in the US as well as choosing appropriate legal structures. Gain an exclusive 10% Sales tax consultation discount with Michael Flemming of Peisner Johnson and Company who can advise you on choosing appropriate legal structures, as well as when and what states you need to register for sales tax, by using my referral link and the referral code “PreferredClient”.