February SALT Checklist
- Sales tax rules are constantly changing. Now is a great time to compare new rulings with the business processes of your clients.
- Find out if your clients are offering any new products for sale. Assess if and where their sales are subject to sales tax.
- Are your clients making sales in any new states? If so confirm if nexus exists and set up sales tax registrations where necessary.
- Make sure your clients are remitting their sales tax on time in order to avoid late payment penalties.
- Make sure your clients are taking advantage of all available early payment discounts.
- Some states require online filing. Check the rules for all states where tax is owed.
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