The SALTcast
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!
The SALTcast
U.S. Sales Tax Compliance for Non-U.S. Businesses
In this podcast episode we, Ryan Johnson, Danny Wright, and Paul Johnson discuss the compliance requirements for non-US businesses operating in the United States. The conversation touches on various aspects related to tax compliance, especially for foreign sellers. We delve into the concept of nexus, which triggers a business's obligation to collect and remit sales tax in a state. We discuss potential roadblocks and challenges foreign businesses may face when trying to become compliant in the US.
While foreign businesses don't necessarily need to set up an LLC or a corporation within a US state to establish tax compliance, having a US bank account could be necessary to facilitate transactions and payments to the states. We highlight scenarios where a foreign business might want to set up a US entity, such as when dealing with suppliers or vendors that require it for partnership purposes.
Our conversation emphasizes the importance of understanding the practical implications of compliance, including administrative burdens and costs. We share real-life examples of situations where foreign businesses had to deal with compliance issues, including the complexities of managing sales tax exemptions, working with vendors, and dealing with state audits. We offer insights and solutions to help foreign businesses navigate these challenges and find the best path to compliance.
If you are a business that is located outside of the United States but are running into sales tax compliance issues you can schedule a call with us here: https://www.peisnerjohnson.com/whats-next/