The business world encountered a myriad of sales and use tax changes throughout 2020, both in response to and on top of COVID-19. Despite these changes, one thing remains the same: the expectation, on the part of state and local jurisdictions, that businesses will stay on top of – and compliant with – relevant changes to sales and use tax regulations.
This was no easy task in 2020. As more consumers turned to online shopping, many businesses realigned their focus to ecommerce, triggering new tax obligations. In addition, state and local governments throughout the U.S. cracked down on remote seller tax compliance, increased tax rates, and introduced new taxes on digital advertising and remote employees – all in an effort to offset budget deficits. To get tax compliance right in 2021, businesses must prepare now for potentially more sales tax changes this year.
Join Zumasys sales tax partner, Avalara, in our upcoming webinar to make sure you’re up-to-speed on recent sales and use tax changes and ready for those to come in 2021.
We’ll cover:
- The impact of COVID-19 in 2020 and its influence on 2021
- Why understanding economic nexus and its triggers is more important now than ever
- New tax obligations resulting from increased marketplace sales
- Answers to your questions – live!