Sales Tax Videos

Who pays the sales tax in a construction setting? Normally, the sales tax is paid on the materials when it is purchased. If not, you need to make sure it is correctly listed on the invoice as a separate line item. Subcontractors are simply not off the hook. They need…

Documenting spoilage in a sales tax audit - If you purchased items that cannot be sold due to spoilage or damage, you need to document it as such. Otherwise, you might be liable for the sales tax. Transcript Markups, spoilage and sales tax audits. I'm Mansoor Ansari with Nexus Tax…

Sales Tax Sampling in a sales tax audit - sales tax audits are not always a precise science of calculating the true number that a business might owe. A lot of times it's almost guessing at the most reasonable number. Transcript What's the big deal about sampling and error rates…

What is a sale tax disclosure? You might want to file for a voluntary sales tax disclosure if you want to avoid penalties. However, you have to meet the test. Transcript Why would you want to file a voluntary disclosure for unpaid sales tax? The answer is quite simple: penalties.…

Depending on the type of labor that you are providing, you might need to tax the transaction, or maybe a part of it. Make sure to break down the invoice and describe the labor. Transcript Is there sales tax on labor in Georgia? The basis for a taxable sales price…

Automotive repair shop sales tax audit - Is your automotive repair shop undergoing a sales tax audit? Make sure to pay special attention to the differences between consumables, repairs, and fabrication. Warranties also require different taxation rules. Transcript Is your automobile repair business under a sales tax audit? I'm Mansoor…

What Documents are required in a sales tax audit? What exactly happens during a sales tax audit? This video covers the documents that are required and why they are needed. Transcript Have you been selected for a sales tax audit? I'm Mansoor Ansari with Nexus Tax Defense. The first step…

A trade show can create a sales tax nexus depending on which state you share your exhibit. See the rules on Georgia, Illinois, and Texas. Transcript Can a trade show trigger sales tax nexus? I'm Mansoor Ansari with Nexus Tax Defense. If your business sets up an exhibit at a…

Did you know that amusement tax applies to transactions where money is accepted for entertainment? Think about cover charges, admission fees, concert tickets, or nightclubs. Amusement tax applies to all of these transactions. Transcript Should having a fun time be taxed? I'm Mansoor Ansari with Nexus Tax Defense. Today, we're…

If your business offers anything remotely close to services that provide communication type needs, then, you might have opened yourself up to telecom sales tax. Check your website to make sure that you have listed your services correctly. Transcript Do you need to be called a telecom company in order…