Cloud Accounting Podcast on Wayfair Decision
Sales Tax Institute founder, Diane Yetter, taped a podcast episode with the Cloud Accounting Podcast at Accountex USA 2019 to break down the implications of the Wayfair decision.
PODCAST SUMMARY
Cloud Accounting Podcast • Episode 116
#AccountexUSA: Your accounting firm might be subject to sales tax
The sales tax implications of the South Dakota v. Wayfair, Inc. United States Supreme Court decision are far reaching — perhaps even more than accountants and bookkeepers realize! Blake and David sat down with sales tax experts Dena Oberst and Diane Yetter at Accountex USA in Boston to get an overview of the Wayfair decision, what it means for our clients, and what it means for our own professional services firms. You may not realize it, but the way you sell software and services via engagement letters could create “nexus” for your firm in many states, which might result in a burdensome compliance requirement. Tune in to learn more!