5 steps to managing sales tax compliance for exempt sellers

Managing exempt sales tax compliance can be daunting. What if there’s a systematic approach to save you from costly audit fines?

Our guide, "Managing Exempt Sales Tax Compliance," offers a five-step strategy:

1. Determining Economic Nexus: Understand triggers that establish tax responsibilities.
2. Understanding Exemptions: Learn about exemptions and varying state rules.
3. Charging Sales Tax or Accepting Exemption Certificates: Decide when to charge tax or accept certificates.
4. Collecting and Verifying Exemption Certificates: Collect and verify certificates to avoid penalties.
5. Maintaining Records: Keep accurate records to mitigate non-compliance risks.

The guide also introduces Avalara Exemption Certificate Management (ECM), automating compliance and integrating with Acumatica ERP to simplify tax compliance.

Start your journey to simplified tax compliance today. In tax compliance, it's better to be safe than sorry!