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Home » Economic Nexus – Sales Tax Tips For Small Business #salestax #smallbusinesstips

Economic Nexus – Sales Tax Tips For Small Business #salestax #smallbusinesstips

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Nexus is a sales tax term that you may have heard about but might be unsure what it means. When discussing sales taxes we hear about physical nexus and economic nexus. This video explains these two different types and gives some deeper information about economic nexus thresholds and why it’s important for small business owners when it comes to determining whether they have a sales tax obligation in a state.

Resources:
Map: https://quickbooks.intuit.com/r/taxes/sdakota-vs-wayfair/
State chart: https://www.salestaxinstitute.com/resources/economic-nexus-state-guide
Map: https://www.avalara.com/us/en/learn/guides/state-by-state-guide-economic-nexus-laws.html

#salestax #salestaxtips #smallbusiness #smallbusinesstips #accounting #bookkeeping #businesstaxes #businesstax #nexus #economicnexus

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