Paying your taxes isn’t what any entrepreneur dreams of when starting a business.
You don’t think about the spreadsheets and the constant state updates.
You don’t think about how to charge sales tax, when, where, why and on which products.
That’s because taxes are just the cost of doing business.
Sadly, doing them incorrectly (and definitely not doing them at all) can cost you your business.
So, to make sure you are zipped up on everything you need to know to pay the right amount, charge the right amount and do it all in accordance with state and national laws, we’ve put together a comprehensive resource you can bookmark for future reference.
The basics of sales tax, including when you need to collect based on state laws.
How to register for a sales tax permit (and what could happen if you don’t).
The difference between origin and destination-based sales tax sourcing.
The true definition of sales tax nexus, and what it means for your business.
How to file regularly and on-time, without taking focus from growing your sales.
Where Amazon has fulfillment centers (and what that means for sellers).
How to collect sales tax on Amazon and set up product tax codes on FBA.
How to report sales tax collected from Amazon.
What the defines a resale certificate.
How to properly use a resale certificate.
How to accept a resale certificate from a buyer.
When to charge sales tax on shipping.
What exemptions there are for sale tax on shipping.
Tracey is the Director of Marketing at MarketerHire, the marketplace for fast-growth B2B and DTC brands looking for high-quality, pre-vetted freelance marketing talent. She is also the founder of Doris Sleep and was previously the Head of Marketing at Eterneva, both fast-growth DTC brands marketplaces like MarketerHire aim to help. Before that, she was the Global Editor-in-Chief at BigCommerce, where she launched the company’s first online conference (pre-pandemic, nonetheless!), wrote books on How to Sell on Amazon, and worked closely with both ecommerce entrepreneurs and executives at Fortune 1,000 companies to help them scale strategically and profitably. She is a fifth generation Texan, the granddaughter of a depression-era baby turned WWII fighter jet pilot turned self-made millionaire, and wifed up to the truest of heroes, a pediatric trauma nurse, who keeps any of Tracey’s own complaints about business, marketing, or just a seemingly lousy day in perspective.