by ASI | Oct 15, 2024 | Accounting software, ASI News, Sales Tax, Sales Tax Compliance
Procure-to-pay, also known as purchase-to-pay or P2P, encompasses the steps organizations take to source and acquire the goods and services necessary for business operations. The tax implications for this process can be extremely complex, and the consequences for...
by ASI | May 24, 2022 | ASI News, Sales Tax, Sales Tax Compliance
No one likes to pay tax, but it can get even more complicated when your business is charging tax on shipping and handling. What are the legal requirements for charging tax on shipping and handling? The answer to this isn’t simple. Yet, it’s an answer you need to have...
by ASI | Nov 28, 2017 | Acumatica, ASI News, Sage 100, Sales Tax
Retail sales and use taxes are set by local jurisdictions. This means that state, county, and towns can add, subtract, or change tax rates. The only way for a business owner to know about such changes is to read communications from the taxation body, such as emails or...
by ASI | Mar 7, 2017 | ASI News, Sales Tax, Sales Tax Compliance
Keeping track of sales tax across multiple states and reporting it accurately can be tough for the average business owner. It can be especially challenging at the start of a new calendar year when states update their sales tax requirements. Sales tax automation, such...
by Cheri Oberpriller | May 3, 2016 | ASI News, Sage 100, Sales Tax
Are you breathing a sigh of relief because your taxes are done for the year? Hopefully, you’ve obtained your registrations and filed your returns correctly, and on time. Taxes are a challenge and you deserve a break. But now is the best time to do a little spring...
by Cooper Black | May 7, 2015 | Sales Tax
The How and Why of Sales Tax Audits Have you ever wondered why some businesses get audited and some don’t? Sales tax audits don’t just happen by chance (though that may seem to be the case). States have very specific sales tax requirements and failure to meet those...