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Sales Tax Basics for Online Retailers Your Business Partner for All Things Sales Tax
This video explains the sales tax basics and what states look for during a sales tax audit of an online retailer. It describes the nexus requirements for online retailers and how simply making sales into other states can lead to sales tax problems in those states under the Wayfair decision. The video also suggests the importance and proper use of a voluntary disclosure (VDA). Finally, the video discusses the importance of having a professional like a sales tax lawyer, CPA, or former auditor handle the sales tax audit. It does not focus on a particular state, but rather lays out the process from a multi-state perspective.