The SALTcast
917 FOLLOWERS
Welcome to "The SALTcast," your go-to podcast channel for unraveling the intricate world of sales tax. If you're a business owner seeking clarity on sales tax regulations, or a seasoned CPA aiming to provide your clients with impeccable guidance, this podcast is tailored just for you.Hosted by industry experts from Peisner Johnson, the SALES TAX PEOPLE, with decades of experience..
The SALTcast
2w ago
In this conversation we discuss amnesty programs, non-compliance, and remedies for businesses that need to become compliant with sales tax regulations. We emphasize the importance of understanding nexus and taxability, as well as seeking second opinions to avoid bad advice. We explore the pros and cons of registration and voluntary disclosure agreements as methods for achieving compliance. Our conversation concludes with a discussion on the value of educational and informative calls to help businesses make informed decisions and find peace of mind in their sales tax compliance.
Takeaways
Amne ..read more
The SALTcast
1M ago
Summary
In this conversation, Ryan Johnson, Jason Parr, and Paul Johnson discuss the process of becoming sales tax compliant. They cover topics such as understanding what is covered in sales tax compliance, recognizing the need for compliance, conducting a risk analysis, implementing compliance measures, considering the timeline for implementation, implementing an automated solution, simultaneously registering and implementing, switching providers and outsourcing, and more.
If you would like to discuss what is next for you with sales tax compliance come have a chat with us: https://peis ..read more
The SALTcast
3M ago
Summary
In this conversation, Ryan Johnson, Jason Parr, and Paul Johnson discuss the process of becoming sales tax compliant. They cover topics such as understanding what is covered in sales tax compliance, recognizing the need for compliance, conducting a risk analysis, implementing compliance measures, considering the timeline for implementation, implementing an automated solution, simultaneously registering and implementing, switching providers and outsourcing, and more.
If you would like to discuss what is next for you with sales tax compliance come have a chat with us: https://peis ..read more
The SALTcast
5M ago
Young is a highly accomplished entrepreneur and coach with a remarkable track record spanning over 20 years. After working with brands such as Starbucks, Apple, Philz, and Limelight- Young has mastered helping business owners to reach their first million in annual revenue. In addition to his coaching services, Young has developed the Owners Club, an exclusive community designed for ambitious and growth-minded business owners. Owners Club serves as a platform for these individuals to connect, collaborate, and elevate their businesses to new heights.While building his own businesses, Young adher ..read more
The SALTcast
6M ago
On this episode of the SALTcast, We discuss a controversial issue regarding Massachusetts attempting to retroactively collect sales tax from out-of-state retailers. They delve into the background of the problem, detailing how certain states passed legislation in 2017 in anticipation of the Wayfair decision, hoping to require out-of-state sellers to collect sales tax. Following the Supreme Court's decision in 2018, several states, including Massachusetts, sought to enforce these laws retroactively, leading to legal challenges from companies. The Jason and Paul express their concerns about the f ..read more
The SALTcast
6M ago
On this episode of the SALTcast, We discuss a controversial issue regarding Massachusetts attempting to retroactively collect sales tax from out-of-state retailers. They delve into the background of the problem, detailing how certain states passed legislation in 2017 in anticipation of the Wayfair decision, hoping to require out-of-state sellers to collect sales tax. Following the Supreme Court's decision in 2018, several states, including Massachusetts, sought to enforce these laws retroactively, leading to legal challenges from companies. The Jason and Paul express their concerns about the f ..read more
The SALTcast
6M ago
In this podcast episode, we discuss the complexities of rentals and leases, particularly in relation to sales tax. We cover various aspects of this topic, including different types of rentals (e.g., property, clothing, cars), the complexities of sales tax laws across different states, and the unique considerations for lessors.
Key points discussed include:
The variety of rentals and leases, from short-term to long-term, and the different tax implications they may have.
The complexity of sales tax laws in different states, including the options for lessors to pay tax upfront or based on lease ..read more
The SALTcast
6M ago
Exploring Peisner Johnson's Values and Purpose
Jason has been with Peisner Johnson for over 25 years.
Jason explains his journey at the company and how his "why" has evolved over time.
The core value of "we over me" is discussed, emphasizing building relationships over transactions.
The importance of helping people and providing peace of mind regarding sales tax issues is highlighted.
Danny shares his experience and how Peisner Johnson assists businesses in managing sales tax complexities.
The concept that sales tax can affect various aspects of a business and individual well-being is emphasi ..read more
The SALTcast
6M ago
In this podcast episode, Paul Johnson and Ryan Johnson discuss the complexities of resale certificates and sales tax regulations across different states. They highlight the variations in rules and requirements, emphasizing the importance of understanding the specific regulations in each state. The conversation covers topics such as when and how to issue resale certificates, the significance of nexus, and the potential challenges faced by drop shippers. Paul and Ryan also mention the need for businesses to stay organized and up-to-date with resale certificates to avoid compliance issues. They c ..read more
The SALTcast
6M ago
In this podcast episode, Paul Johnson and Ryan Johnson discuss the complexities of resale certificates and sales tax regulations across different states. They highlight the variations in rules and requirements, emphasizing the importance of understanding the specific regulations in each state. The conversation covers topics such as when and how to issue resale certificates, the significance of nexus, and the potential challenges faced by drop shippers. Paul and Ryan also mention the need for businesses to stay organized and up-to-date with resale certificates to avoid compliance issues. They c ..read more