You did it! You survived 2020. (We know…it was pretty touch-and-go there for a while.)
As you run into 2021, take a few minutes to set yourself up for sales tax success with a little help from OYA and a little forward thinking.
Strategic Threshold Planning
Nexus thresholds are often things we use to track business costs, but we can think about them as ways to reduce costs as well. Do you currently have remote workers causing sales tax obligations in certain states? Is your warehouse located in the smartest place to avoid added taxes? Is managing taxes becoming an expensive burden for your team?
Use our Nexus Tracker to identify upcoming thresholds and think about them strategically. Planning for your business growth now and finding ways to reduce costs provides you bigger opportunities to reinvest profitably, sustaining your company for years to come.
OYA Early & Often
If you’ve been using OYA reports sporadically, consider making them a habit. We’ve priced our services to make them affordable for ongoing use, allowing you always-on access to sales tax management on your schedule, and within your budget.
Always Be Auditing
No, we don’t really want you to always be in an audit, but we do want to reduce your fear of having one. Audits are bound to happen to the best of us. All you need to do now is simple prep. Document your transactions fully, follow the rules as best you can, and stay on top of collecting and paying your sales tax obligations. You can prep for audits by following the steps in our Sales Tax 501 article. Additionally, use our Nexus Tracker, Marketplace Monitor, and Tax Tally to manage sales tax every day, and you’ll always be ready.
Can you handle sales tax in 2021? OYA you can!