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The SALTcast
The SALTcast episodes
- Washington State Sales Tax UpdateHistorically the State of Washington has been very aggressive when it comes to being audited for sales tax. Andy and Dan discuss new developments with what Washington is willing to do if you are under audit. Also, Andy and Dan discuss other changes in the states of New York and Indiana. Tune in to hear about these topics and more.
- What is Washington's new sales tax penalty policy? 01:40
- How long will this be in affect? 03:15
- What is Washington's penalty rate? 04:40
- Will Washington reduce my penalties? 05:00
- What is the average tax penalty within the states? 06:00
- What does the recent letter from Amazon to their sellers say? 07:00
- What is New York going after online sellers from 2014? 08:15
- What VDA (Voluntary Disclosure Agreement) programs does Indiana have for online sellers? 16:25
eCommerce $77 eBook:https://peisner.clickfunnels.com/order-form18702870Trustfile link for Accountants:https://app.trustfile.avalara.com/#/signup/accountant?partnersource=00130000002pRNR&CampaignID=7010b000001Drdx&lsmr=DirectLink for Free Start with Nexus Book:https://peisner.clickfunnels.com/order-page8r1lxme922 min - Taxability of Digital GoodsA woman noticed that she was charged sales tax when she purchased Netflix subscription gift cards at Walmart. She argued that it wasn't correct to charge sales tax on gift card sales. Walmart refused to refund the tax. Was she right? Do you notice when you get charged sales tax and know if it is correct? Tune in as Andy and Dan discuss the taxability of digital products.
- Are gift cards subject to sales tax? 01:25
- How are coupons taxed? 10:50
- How are digital products taxed in California? 14:20
- How are digital products taxed in Florida? 14:20
- How are digital products taxed in Georgia? 14:20
- How are digital products taxed in Illinois? 14:20
- How are digital products taxed in Michigan? 14:20
- How are digital products taxed in New York? 14:20
- How are digital products taxed in North Carolina? 14:20
- How are digital products taxed in Ohio? 14:20
- How are digital products taxed in Pennsylvania? 14:20
- How are digital products taxed in Texas? 14:20
- How are gift cards and game cards taxed? 18:40
The article is included below:https://www.dallasnews.com/news/watchdog/2018/01/25/walmart-tried-improperly-tax-womans-gift-card-texas-nothingHere is the chart:https://bit.ly/2wJU4EQCheck out the YouTube video!https://youtu.be/SdiGxRUqZag26 min - Dealing with B2B transactions on AmazonAmazon 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.pdfHere is the link to the youtube video.https://youtu.be/hvoL0PUlj5M16 min - Clothing and Groceries: The Future of AmazonHere's a link to the full video broadcast, if you'd rather watch the video.Amazon has its sights on being able to deliver groceries and getting into the clothing market. Dan Peisner discusses taxability of clothing in different states and discusses in which states of sales tax holidays.
- Will Amazon sell Groceries? 01:30
- Will Amazon sell more clothes? 02:30
- Is clothing taxable in California? 03:25
- Is clothing taxable in Florida? 03:25
- Is clothing taxable in Georgia? 03:25
- Is clothing taxable in Illinois? 03:25
- Is clothing taxable in Michigan? 03:25
- Is clothing taxable in New York? 03:25
- Is clothing taxable in North Carolina? 03:25
- Is clothing taxable in Ohio? 03:25
- Is clothing taxable in Pennsylvania? 03:25
- Is clothing taxable in Texas? 03:25
- Where are there sales tax holidays? 13:09
18 min - 18 min
- What eCommerce Sellers Need to Know About the Wayfair Oral ArgumentsHere's a link to the full video broadcast, if you'd rather watch the video.This week Dan Peisner and I discuss our reactions to the oral arguments that just took place at the US Supreme Court in the Wayfair case. It's been 25 years since the Supremes took up a sales tax nexus case, so it's a big deal. A large majority of observers have been predicting the overturn of Quill ever since the Supreme Court granted cert in the Wayfair matter, but many of them might be rethinking their predictions after the oral arguments. We'll give you our take on the case.Here are some of the questions we addressed in this episode.
- What is the background on Quill? 02:30
- How did the Court rule in Quill? 04:30
- Does Quill mandate that seller must have a physical presence? 04:55
- Can you have nexus in a state without any physical presence? 07:15
- Why would any state be against overturning Quill? 08:15
- How many people thought that the Court would overturn Quill? 09:25
- Will overturning Quill mean that sellers will have to know all the sales tax rules in 45 states? 10:16
- If you just make one sale in a state do you have nexus? 11:50
- Will taxpayers be subject to audits in other states? 12:45
- How much do sales tax audits cost on average? 14:57
- Can taxpayers extinguish a sales tax liability in bankruptcy? 17:20
- Can you go to jail if you fail to remit sales taxes? 17:35
- Did the Supreme Court seemed to be concerned overall with the cost of compliance to small businesses? 20:31
- Was Malcolm Stewart arguing on behalf of South Dakota or did he end up damaging their case? 22:47
- If the Court overturns Quill, can it be done prospectively? 24:15
- Did Justice Alito say that every state will go after every possible penny? 27:32
- Was there any big moment where you could say that South Dakota scored a hit? 28:50
- Did Notice and Reporting come up in the arguments? 29:25
- Will the states compromise and create comprehensive reform? 30:55
- Will more states enact Notice and Reporting rules? 32:21
- What did Justice Kagan say about how Quill helped Amazon to succeed initially and how that overturning Quill will now benefit Amazon? 33:30
- How does Amazon win big if Quill is overturned? 35:15
- What is Dan's prediction on how the ruling will come down? 38:18
- Did Chief Justice Roberts indicate that the problem seems to be correcting itself? 39:28
Links to items mentioned in the podcast:James Sutton article in National ReviewTranscript of Oral Arguments44 min - BREAKING! Oklahoma Reveals Notice and Reporting PenaltiesHere's a link to the full video broadcast, if you'd rather watch the video.Here's a link to the chart that was presented in the podcast.Here's a link to the notice from Oklahoma.BREAKING! Oklahoma has had notice and reporting laws in the books since November 1, 2016 but as of yet they have not set the penalty for non-compliance. We have received notice that the penalties have been set! Find out here on today's podcast.
- What are the taxing rules to import into California? 02:00
- What is notice and reporting? 04:12
- What is nexus? 04:25
- What causes nexus? 04:25
- What states have notice and reporting requirements? 06:30
- Should I just get registered? 06:55
- When will this law take effect in Oklahoma? 07:16
- What is the penalty? 07:50
- What is click through or affiliate nexus? 09:30
- What are the some states nexus thresholds? 14:00
- What is nexus creating in Pennsylvania? 16:54
23 min - What you need to know about Pennsylvania and Washington.Here's a link to the full video broadcast, if you'd rather watch the video.Here is the link to the slides for you to view.
- Do I have nexus if Amazon collects the tax in Pennsylvania? 01:30
- Do I still need to register in Pennsylvania if I am an Amazon seller? 02:53
- Do I have to file a sales tax return in Pennsylvania if I am an Amazon seller? 03:15
- Should I de-register in Pennsylvania if I'm an Amazon seller? 04:15
- Is Pennsylvania good news for Amazon sellers? 07:28
- Do I have to file a sales tax return in Washington as an Amazon seller? 08:30
- Do I need to be registered in the state of Washington as an FBA seller? 09:00
- How do I file a Washington sales tax return? 10:00
- What do I need to file with the state of Washington? 10:45
- What is the B&O tax in Washington? 12:00
- Is Washington good or bad news for FBA Sellers? 12:40
- How to pull reports on Amazon? 14:00
20 min - Dropshipping for eCommerce BusinessHere's a link to the full video broadcast, if you'd rather watch the video.Download or print the slide handout here.This week we are discussing Dropshipping for eCommerce businesses. What is dropshippping? Why is dropshipping so confusing? What are some tax issues that are associated with dropshipping? We have also found out that Amazon has sent out new letters regarding Massachusetts. These questions and topics we frequently get
- What is the due date for information with new round of letters? 01:10
- What are the tax issues when it come to dropshipping? 04:40
- Why is dropshipping so confusing? 05:30
- What is dropshipping? 07:30
- What is TPP tangible personal property? 09:40
- What state should I collect sales tax in? 10:40
- Why does my vendor care about dropshipping? 11:25
- Does California except my Texas or any other states exemption certificate? 12:00
- What are the most difficult dropshipping states? 18:18
- What is the average sales tax rate in California? 22:30
- What if I'm not registered to collect sales tax? 28:50
33 min - 33 min
About The SALTcast
From the publisher's feed
Welcome to "The SALTcast," your go-to podcast channel for unraveling the intricate world of sales tax. If you're a business owner seeking clarity on sales tax regulations, or a seasoned CPA…
aiming to provide your clients with impeccable guidance, this podcast is tailored just for you.
Hosted by industry experts from Peisner Johnson, the SALES TAX PEOPLE, with decades of experience in the field, "The SALTcast" is a comprehensive resource designed to demystify the complexities of sales tax and empower you with actionable insights. Our mission is to equip you with the peace of mind, knowledge, tools, and strategies necessary to navigate the ever-evolving landscape of sales tax regulations, ensuring compliance while optimizing financial outcomes.
What You Can Expect:
In-Depth Discussions: Dive into thought-provoking conversations that break down sales tax concepts, regulations, and challenges. Our experts delve into the nuances, sharing real-world scenarios and practical solutions.
Guidance for Business Owners: Whether you're a small business owner or a large enterprise, understanding sales tax is pivotal. "The SALTcast" offers advice to help you grasp the essentials. And, give you the peace of mind you need.
CPA Insights: If you're a CPA, you understand the vital role you play in guiding your clients through the intricacies of sales tax compliance. Join us as we explore different topics you need to know to help your clients.
Real World Examples: Learn through real-world examples and case studies that illustrate how businesses have successfully managed their sales tax obligations. Uncover strategies that you can implement to enhance your own practices.
Why "The SALTcast"?
Subscribe to "The SALTcast" today and embark on a journey towards understanding sales tax. Whether you're looking to enhance your business's financial health or provide exceptional guidance to your clients, our podcast will empower you to make informed decisions and thrive in a complex tax environment.
Tune in to "The SALTcast" on your favorite podcast platform and embark on a transformative learning experience. Your sales tax journey starts here!