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Here’s something to raise a glass to: New York no longer adds a sales tax to the charge for tastings at wineries.
In New York, if you purchase aloe vera leaves cut from the plant in the produce section of a grocery store, they are sales tax exempt.
Sales tax is a transaction tax, calculated as a percentage of the sales price of taxable goods and certain taxable services.
If you’re an online or traditional brick and mortar retailer, or hybrid retailer, distributor or wholesaler, you are burdened with sales and use tax compliance. How do you know when it’s time to give up your manual processes in favor of an automated solution?
Why should mid/small market companies be concerned about sales tax? Companies are required to collect taxes in most states where they do business.
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Members of our Chief Tax Office have shared their insights and addressed frequently asked questions through blog posts, webcasts, podcasts, and panel discussions.