- High-volume sellers face challenges with sales tax compliance due to multiple jurisdictions and diverse product offerings.
- Three best practices can help streamline processes and enhance accuracy.
- Leverage automated solutions to manage sales tax through automation, ensuring scalability, accuracy, real-time compliance, and unified management.
- Implement tailored exemption certificate management to maintain compliance and maximize exemptions, with accurate documentation and regular reviews.
- Use advanced sales tax reporting to analyze sales trends, prepare for tax liabilities, and make informed decisions.
Source: taxjar.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.
