The January edition of Costco Connection featured Avalara CEO Scott McFarlane offering three sales tax tips for small businesses. Costco Connection, Costco’s monthly publication for small businesses, has an average circulation of over 800,000. Scott had the following advice for the readers:
- Make filing a priority. Maintain organized, current exemption certificates, and file correctly and on time.
- Update your rates. Tax rates, rules and jurisdiction boundaries are constantly changing—you can’t assume your information will remain current for any length of time.
- Stay on top of use tax (and calculate it accurately).
The bottom line for Scott is that businesses must be proactive in order to meet the challenges of sales tax compliance, including potential Internet taxation, increasing numbers of audits, and shifting sales and use tax rates.
If you are interested in finding out how Avalara’s sales tax software service can help your business meet these challenges head-on, please give us a call at 206-826-4900, or visit avalara.com. We look forward to hearing from you.
