Online education was already popular in the early 2000s, but during the pandemic learning new things online really blew up. Maybe it was all the people who’d never had time to stop and smell the roses suddenly finding themselves homebound. People learned new skills,...
Compliance
Sales Tax on Crowdfunding Campaigns, Explained
So you crowdfunded to make a new board game or short film or open up your new taco truck. Do you have to charge your crowdfunding backers sales tax? How does that work exactly? States are starting to solidify their guidance around crowdfunding and sales tax. Let’s...
Selling or Buying a Business? How to Handle Sales Tax During Due Diligence
When selling or purchasing a business, it is widely acknowledged that sales tax has become a critical due diligence checklist item over the last five (5) years especially with more and more scaling businesses being funded by venture capital / private equity investors....
US Sales Tax Guide for Non-US Based E-Commerce Retailers
When talking to non-US based sellers, we often hear, “My country has a tax treaty with the United States. We don’t have to worry about US tax.” This is true. For income tax. But sales tax is a whole other ball of wax. And international sellers are often caught...
10 Sales Tax New Year’s Resolutions for a Worry Free 2024
At HOST, we get it. There’s nothing fun about sales tax. Humans like good news and rewards. Handling sales tax provides none of that, except maybe the rewarding feeling of checking another dreaded task off your administrative to-do list. But what if you could know...
Navigating Sales Tax Audits: A Guide for E-commerce Businesses
Being hit with a sales tax audit notice can induce panic for e-commerce businesses. Yet these audits are becoming more common as states look to close tax gaps and ensure compliance. It doesn’t help that since the 2018 South Dakota v. Wayfair decision, sales tax nexus...
Voluntary Disclosure Agreements (VDAs): Sales Tax Compliance Tool for Online Retailers
Knowing where your business is supposed to collect sales tax is complicated. It became even more complicated after the 2018 South Dakota v. Wayfair decision that allowed states to implement economic nexus. At HOST, we’ve worked with e-commerce businesses for 25 years,...
What Changing Your Business EIN Means for Sales Tax
Over our 25 years helping businesses stay sales tax compliant, one hurdle we’ve noticed tripping our customers up is the employer identification number (EIN). Most businesses will eventually need an EIN. They are necessary for common business tasks like opening a...
Should you charge sales tax on your SaaS product?
The digital economy evolves quickly. Sometimes, it can be a challenge for government entities and taxing authorities to keep up, leading to incomplete or confusing guidance on tax regulations and compliance. This is the challenge currently facing “software as a...
5 Benefits of Having HOST Manage Your TaxJar Account
TaxJar is an online, cloud-based platform designed to help business owners manage sales tax compliance across the United States. (TaxJar was acquired by Stripe in 2021, so you will sometimes see this software referred to as Stripe Tax.) TaxJar is a great option…