Since the pandemic, there has been a lot of uncertainty about the economy, especially for taxpayers and business owners. But as governments seek to make up lost revenue, that raises concerns about tax compliance. An easy target? Sales tax. There has been and probably will continue to be a shift in the economy and tax enforcement of sales taxes.
Sales Tax Laws for Taxpayers
How will taxpayers and business owners keep up or stay informed with the evolving shifts? Kelly invites Scott Peterson, the Vice President of Avalara, with over 30 years of experience with tax policy and legislation, onto the show. He is the former CEO of an organization devoted to making taxes simpler. Scott spent 10 years as director of the South Dakota sales tax division, as well as 12 years of writing about taxes for the state legislature. Who better to turn to, to better understand the tax laws and expectations? Tune in and let Scott and Kelly guide you to current and upcoming tax and economy shifts.
Listen to Kelly and Scott Discuss:
- How the shifts from pandemic impact state budgeting and enforcement
- Pandemic accelerating existing issues
- How Wayfair impacted smaller businesses online and awareness impact
- Threshold confusion
- Sales Tax Burdens for small to large businesses
- Marketplace Facilitator Law
- Distant equity between states and legal challenges
- What increased enforcement will look like
- Keeping track of sales and thresholds
- How businesses can protect themselves
- How one can move towards compliance
- Understanding what is taxable
- Exemptions and taxable restrictions
- Predicting the next year’s tax changes
Kelly Phillips Erb created and hosts the Taxgirl podcast, your home for tax news, tax info, and tax policy. In each episode, she shares conversations about taxes, money, and the choices we make. Kelly is a tax attorney who works with taxpayers and tax practitioners like you every day. She helps folks out of tax jams, and hopefully, keeps others from getting into them.
Kelly’s Website: Taxgirl
Scott Peterson: LinkedIn