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
Surprise New Sales Tax Law in Congress?
Here's a link to the full video broadcast, if you'd rather watch the video.
The Editorial Board of the Wall Street Journal castigated Republican members of Congress for trying to slip a major sales tax law into a spending bill. Many parties are hoping to overturn Quill and it looks like Congress is also hoping to change it. We'll give you our take on this new development.
Also, we'll answer a question Mike got from Seth Fineberg: What's the number one sales tax issue e-commerce sellers face? It's really 3 questions they have: (1) Do I really have to collect sales tax on my online sales in the US? (2) If so, in what states? (3) If so, when should I start doing it?
Here are a few other questions we addressed in this episode.
- Congress to pass a new sales tax bill? 00:56
- Is this bill a "new tax" 03:25
- Why don't states just collect tax from their own citizens? Why to they make remote sellers collect it? 04:15
- What is the simplest solution for states to deal with multistate sales taxes? 06:31
- Are the states actually in bad shape as far as tax collection? 08:15
- Are states targeting smaller FBA sellers? 09:01
- Is the Congress considering any sales tax bills that will help FBA sellers? 09:25
- The client journey on sales tax 18:21
- What's the number one sales tax issue that e-commerce sellers face? 19:10
- Is clothing taxable in PA? 19:55
- At what level of sales should I start collecting sales tax? 20:33
- What are the most important states that an FBA seller should collect sales tax? 21:11
- Why doesn't Amazon collect tax for fba sellers? 22:35
- Are FBA sellers better off now for sales tax in Washington state? 23:41
- If I sell on multiple platforms should I still register in WA? 24:18
- Do FBA sellers still owe the B&O tax in WA? 25:22
- Do all states want Amazon to collect tax on behalf of the FBA sellers? 27:10
- Does Ebay collect sales taxes on behalf of its sellers? 31:01
- How many states have passed laws requiring Amazon to collect tax on behalf of FBA sellers? 31:15
- Should FBA sellers just wait until states pass laws requiring Amazon to collect tax for FBA sellers? 32:12
Mentioned in the show: