Where Do You Want to Do Sales Tax?
We’re not asking whether you want to file in Rhode Island or in Utah; you don’t really have much flexibility when it comes to the physical geography of where to file. If you have nexus, you’ll have to file.
But you do have a choice — at least of virtual location — when it comes to calculating and filing sales tax: on-premise, web-based, or outsourced.
You can get sales tax work done at your desk, with on-premise software. This method may be the most familiar, and if you choose SalesTaxDataLINK tools, you can be confident that they’ll work with your ERP and provide a high level of accuracy — down to the invoice level.
One concern with on-premise software is configuration. The high level of customization available can mean that it takes weeks and a large investment to get started. SalesTaxDataLINK is a favorite with IT departments and with accounting departments alike, because integration is smooth.
Customization can sometimes be an issue with web-based software, too, but from the other direction. Many companies either have a take-it-or-leave it philosophy or respond to requests by bundling more and more features into their software and raising prices accordingly. SalesTaxDataLINK provides simple, sensible options that work for your specific needs.
If you’re considering a web-based service for your sales tax software needs, you may also be wondering about security. We often hear people express concerns that a web-based sales tax software solution will be more public and less secure than an on-premise option.
In fact, cybersecurity issues are more likely to start with the guy down the hall who leaves his computer logged in and his door open when he goes to lunch. Your security is as strong as the weakest link, and a secure internet connection is hardly ever the weakest link. A web-based option is often more secure than an on-premise choice, and it can be cost-effective and convenient.
Whether your data is in the cloud or in your office, you’ll still be working at your computer when you choose either of these options. When that’s not the best use of your time, SalesTaxDataLINK outsourcing may be the best solution. You’ll have experts taking care of these details while you keep your attention on mission-critical work.
The best part? Whether you prefer on-premise, web-based, or outsourced solutions, SalesTaxDataLINK provides that solution. Contact us today to discuss which of these options is the best choice for you.
Understanding Sales Tax Rates
Maybe you have a new business and have never collected sales tax before. Maybe you've grown enough over the past year to reach the sales tax collection threshold in new states (congrats!). Maybe you've just realized that changes in the laws mean that...
Understanding Taxable Sales
Once you establish where you have nexus, you need to determine whether your sales are taxable. After all, if you have physical or economic nexus in a state but the things you sell are not taxed in that state, you don't have to collect sales tax at all....
Understanding Sales Tax Nexus
Sales tax is complicated. If you are a new business, or you have sales in a new tax jurisdiction, or maybe you just realized that you are supposed to be collecting sales tax, you might be ready to panic. Don't panic. You need to answer three questions:...