Sales tax collection may be a trending topic now, but it’s an issue that’s always been front and center for business owners
Bainbridge Island, WA (PRWEB) September 25, 2012
Just in time to address California’s new online sales tax law: Avalara, the market leading provider of sales tax automation services in the cloud, has released “12 Sales Tax Tips for Small Businesses,” a white paper designed to help small to mid-size businesses ease the burden of sales tax management.
"Sales tax collection may be a trending topic now, but it’s an issue that’s always been front and center for business owners,” said Scott McFarlane, CEO and co-founder at Avalara. “Avalara’s white paper provides a road map to help small businesses stay on top of the ever-shifting sales tax landscape. It’s perfect for retailers who want to increase their efficiency - and minimize the risk of an audit - no matter where they conduct business.”
California’s new law broadens which out-of-state sellers must register with the California Board of Equalization and collect California sales tax. Under the law, a retailer that enters into an agreement with a California entity that refers potential purchasers to the retailer - whether online or otherwise - must collect the state sales tax, provided they meet certain revenue specifications.
The California Board of Equalization announced that it will hire approximately 100 new state auditors, lawyers and specialists to help collect online sales tax over the next three years, reports Bloomberg Businessweek. According to this report, California estimates that more than 2,000 out-of-state online retailers may have to collect state taxes under the new online sales tax law.
12 Sales Tax Tips for Small Businesses provides small business owners with information and processes regarding state and local sales tax regardless of the location. For a download copy of the white paper, visit https://www.avalara.com/12-sales-tax-tips-sbu.
Founded in 2004, Avalara has helped thousands of customers stay focused on their success by providing a fast, easy way to manage indirect taxes that is as accurate and affordable for small and mid-size businesses as it is for large corporations.
Avalara’s web-based solution seamlessly integrates into more than 200 accounting and business applications that span all platforms, including enterprise resource planning (ERP), ecommerce, point of sale (POS), mobile (smart phone applications) compliance (tax returns), and customer relationship management (CRM) systems. Avalara also provides an Application Programming Interface (API) and software development kit (SDK) for customized integrations to virtually any platform.
Avalara is a founding member and Certified Service Provider of the Streamlined Sales Tax initiative and has been named as one of the fastest-growing companies in America. It employs more than 300 professionals at its headquarters on Bainbridge Island, WA and offices in Seattle WA; Irvine, San Diego and Rocklin, CA; Falls Church, VA; and Pune, India.