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Sales Tax

Sales Tax

Georgia Economic Sales Tax Nexus

Georgia Economic Sales Tax Nexus The title of this article suggests one thing - that the traditional "nexus" of physical presence and/or a substantial and continuous contact no longer defines a tax obligation. Having an economic nexus with Georgia requires an out-of-state seller to make gross sales worth $250,000.00 to…
Sales Tax

Georgia Rural Hospital Tax Credit

Georgia Rural Hospital Tax Credit Georgia lawmakers may consider boosting the state’s annual tax credit for rural hospitals from $60 million to $100 million when the new legislature arrives for work in January. The effort to bring more money to financially struggling rural hospitals is commendable, but evidence points to…
Sales Tax

Valdosta Georgia Sales Tax Increase

Valdosta Georgia Sales Tax Increase The sales tax, called T-SPLOST, is for projects such as overpasses, bridges, and roads. “They raise money and people have different opinions because it’s more money involved. If the money is put it where it needs to be put, I don’t see nothing wrong with…
Sales Tax

Georgia Sales Tax Auditor Factor

Georgia Sales Tax Auditor Factor The sales tax audit factor can also be referred to as the average tax error and/or audit factor. Since most auditors refer to this number as the Factor, we will also call it the factor in this explanation. The Factor is the most crucial number…
Sales Tax

Georgia Sales Tax Audits

Georgia Sales Tax Audits If you are undergoing a Georgia sales tax audit, you might be wondering what your options are if you do not have all of your books and records ready for the audit. Many of our retail store owners complain of being overburdened by not having all…
Sales Tax

Georgia Sales Tax Audit Pharmacy

Georgia Sales Tax Audit Pharmacy Just like any other business, pharmacies in Georgia are subject to collecting sales tax on their sales, unless an exemption is met. Let's do a little policy and history lesson on sales tax collection. Sales tax collection is always mandatory on sales made inside of…