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Tag: SalesTaxNexus

Launching A Business: What to Consider When Beginning Your Startup

Written on . Posted in Early Stage.

By Wiss Associate The first step toward launching your own business is having an idea. But even if you have an idea for a business, you may have no idea about the legal and tax obligations that await you should you put that idea into practice. Here are several things to keep in mind before getting your startup off the ground. Separate yourself from the business Running your business through your personal bank account might seem easy and convenient, but unless you keep your business...

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Sales Tax Nexus – Comprehending your Business’ Sales Tax Obligations

Written on . Posted in State & Local Tax Services.

By Wiss Employee In simpler times, a New York-based industry sold its products or services within its state boundaries. As such, it was their responsibility to gather and remit sales tax to the taxing authority of The Big Apple. However, thanks to the rapid advancements in technology, today’s corporate atmosphere has become much more multifaceted. As inter-state sales are becoming routine, the same New York-based company has many more consumers to choose from, amplifying their client...

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