In hockey, the penalty box is a location where players sit to serve time for a given penalty. Penalties are commonly given to a player who violates a rule of the game. Sometimes this violation is intentional, and sometimes it’s just human error, plain and simple. This is no different than in sales tax.
Read MoreProducts and companies are seeing an increase in sales and monetization via their eCommerce platforms! Small to midsize companies are blowing up, and this is due to a number of factors! Whether your business had a great season and you saw tremendous sales or your product/business went viral on a social media platform, and you have thousands of new sales. Either way, it is important to understand how sales tax can impact you and your business, what happens when you pass a threshold unexpectedly, when you should worry, and how to move forward.
Read MoreWhen it comes to sales tax, many people don’t realize that lack of collection and remittance of tax on sales can lead to some pretty hefty penalties, not only civil but in some cases even criminal. If a business discovers that they failed to collect tax in previous years and wants to mitigate past exposure, including the waiver of penalties, both civil and criminal, there are two primary options to achieve this goal.
Read MoreThe California Department of Tax and Fee Administration (CDTFA) received information from Amazon on 12/6/2018 detailing which third-party sellers had inventory in an Amazon warehouse in 2017.
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