- Selling products/services in the US can lead to sales tax obligations
- Compliance process includes multiple due dates, data sets, and payment options
- Tax data reports should be reconciled with general ledger before filing
- States use electronic filing for sales and use tax returns
- Maintain a tax calendar with filing frequency and state-specific information
- Notice management is important to avoid penalties and interest
Source: taxconnex.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
