{"id":4478,"date":"2020-03-17T23:17:23","date_gmt":"2020-03-17T23:17:23","guid":{"rendered":"https:\/\/sarahf10.sg-host.com\/?p=4478"},"modified":"2021-02-23T15:40:49","modified_gmt":"2021-02-23T15:40:49","slug":"benefits-and-limitations-of-sales-tax-automation","status":"publish","type":"post","link":"https:\/\/taxops.com\/benefits-and-limitations-of-sales-tax-automation\/","title":{"rendered":"Benefits and Limitations of Sales Tax Automation"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">By <a href=\"https:\/\/taxops.com\/team\/judith-vorndran\/\">Judy Vorndran<\/a>, featured in the <em>Journal of State Taxation<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"744\" height=\"400\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-src=\"https:\/\/taxops.com\/wp-content\/uploads\/2020\/03\/Benefits-and-limitations-of-sales-tax-automation.journal.png\" alt=\"\" class=\"wp-image-4479 lazyload\" data-srcset=\"https:\/\/taxops.com\/wp-content\/uploads\/2020\/03\/Benefits-and-limitations-of-sales-tax-automation.journal.png 744w, https:\/\/taxops.com\/wp-content\/uploads\/2020\/03\/Benefits-and-limitations-of-sales-tax-automation.journal-480x258.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 744px, 100vw\" \/><noscript><img decoding=\"async\" width=\"744\" height=\"400\" src=\"https:\/\/taxops.com\/wp-content\/uploads\/2020\/03\/Benefits-and-limitations-of-sales-tax-automation.journal.png\" alt=\"\" class=\"wp-image-4479 lazyload\" srcset=\"https:\/\/taxops.com\/wp-content\/uploads\/2020\/03\/Benefits-and-limitations-of-sales-tax-automation.journal.png 744w, https:\/\/taxops.com\/wp-content\/uploads\/2020\/03\/Benefits-and-limitations-of-sales-tax-automation.journal-480x258.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 744px, 100vw\" \/><\/noscript><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Wayfair<\/em> caused a shift in thinking about state and local tax (SALT), upping compliance awareness across the nation and internationally. It&#8217;s been a wake-up call to the many companies that may already have had nexus associated with multistate sales and were non-compliant due to any number of challenges &#8211; the confusion in dealing with over 10,000 taxing jurisdictions, nuanced laws, complicated rate structures, and technology.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With the risk <em>Wayfair<\/em> and sales tax compliance, in general, now presents, companies have moved quickly to find ways to simplify sales tax with automation. Technology alone lacks the indispensable insights and advice management needs to make these decisions and properly manage sales tax from registration to remittance and audit to penalty resolution. There are limitations as to what sales tax automation can do, necessitating a deep dive into three distinct areas all before a business vets, uses, and thrives with these technology tools in 2020 and beyond:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>A company&#8217;s nexus footprint and approach to compliance as well as internal resources <\/li><li>Legal and practical business considerations, including internal resources<\/li><li>Any remediation and penalty abatement measures <\/li><\/ul>\n\n\n\n<div style=\"height:48px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"551\" height=\"494\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-src=\"https:\/\/taxops.com\/wp-content\/uploads\/2020\/03\/Journal-of-State-Taxation-4-point-graphic.jpg\" alt=\"\" class=\"wp-image-4497 lazyload\" data-srcset=\"https:\/\/taxops.com\/wp-content\/uploads\/2020\/03\/Journal-of-State-Taxation-4-point-graphic.jpg 551w, https:\/\/taxops.com\/wp-content\/uploads\/2020\/03\/Journal-of-State-Taxation-4-point-graphic-480x430.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 551px, 100vw\" \/><noscript><img decoding=\"async\" width=\"551\" height=\"494\" src=\"https:\/\/taxops.com\/wp-content\/uploads\/2020\/03\/Journal-of-State-Taxation-4-point-graphic.jpg\" alt=\"\" class=\"wp-image-4497 lazyload\" srcset=\"https:\/\/taxops.com\/wp-content\/uploads\/2020\/03\/Journal-of-State-Taxation-4-point-graphic.jpg 551w, https:\/\/taxops.com\/wp-content\/uploads\/2020\/03\/Journal-of-State-Taxation-4-point-graphic-480x430.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 551px, 100vw\" \/><\/noscript><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Role of Automation<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Automation is a technology tool and not a &#8220;set it  and forget it&#8221; catch-all for sales tax compliance. Sales tax compliance is complicated and multilayered, requiring management to peel back the onion by jurisdiction (state, municipal, home rule, special district), activity, and type of tax before making key decisions around who you are, where you are, and how best to comply.<\/p>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-background\" href=\"https:\/\/taxops.com\/wp-content\/uploads\/2020\/03\/Benefits-and-Limitations-of-Sales-Tax-Automation.Journal-of-State-Taxation.Vorndran.pdf\" style=\"background-color:#9bcc45\">Instant Download<\/a><\/div>\n\n\n\n<div style=\"height:46px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Let&#8217;s Talk Tax<\/h3>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><a href=\"https:\/\/taxops.com\/team\/judy-vorndran\">Judy Vorndran<\/a>\u00a0can be reached at jvorndran@taxops.com\u00a0or 720.227.0093.\u00a0<\/p><\/blockquote>\n\n\n\n<div style=\"height:46px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"mailto:knewkirk@sarahf14.sg-host.com\">Book a Call<\/a><\/div>\n\n\n\n<div style=\"height:46px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Latest Tax News<\/h3>\n\n\n<ul class=\"wp-block-latest-posts__list wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/taxops.com\/auditor-independence-in-the-age-of-private-equity\/\">Auditor Independence in the Age of Private Equity: What CFOs Need to Know<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/taxops.com\/r-d-credits-for-software-companies\/\">R&amp;D Credits for Software Companies: Scrum Teams, Qualifiers, and Section 174 After OBBBA<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/taxops.com\/section-174-decoupling-what-tax-pros-need-to-know-state-by-state\/\">Section 174 Decoupling: What Tax Pros Need To Know State By State<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/taxops.com\/sean-espy-new-partner\/\">TaxOps Welcomes Sean Espy as Partner, Tax Minimization<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/taxops.com\/state-nexus-demystified-navigating-tax-compliance-after-wayfair-episode-1-2\/\">Your Tax Footprint Is Probably Bigger Than You Think: What Finance Leaders Need to Know About State Nexus<\/a><\/li>\n<\/ul>\n\n\n<div style=\"height:46px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<strong>Follow Us<\/strong><br>\n<a href=\"http:\/\/www.linkedin.com\/company\/201050\" target=\"_blank\" rel=\"noopener noreferrer\"><i class=\"fa fa-linkedin-square fa-2x\"><\/i><\/a>\n<a href=\"https:\/\/twitter.com\/taxops\" target=\"_blank\" rel=\"noopener noreferrer\"><i class=\"fa fa-twitter-square fa-2x\"><\/i><\/a> <a href=\"https:\/\/taxops.com\/prospects\/connect-with-us\/\" target=\"_blank\" rel=\"noopener noreferrer\"><i class=\"fa fa-envelope-square fa-2x\"><\/i><\/a>\n","protected":false},"excerpt":{"rendered":"<p>By Judy Vorndran, featured in the Journal of State Taxation Wayfair caused a shift in thinking about state and local tax (SALT), upping compliance awareness across the nation and internationally. It&#8217;s been a wake-up call to the many companies that may already have had nexus associated with multistate sales and were non-compliant due to any [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":4479,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","spt_transcript":"","footnotes":""},"categories":[229,226,227],"tags":[130,31,460,489,98,41,534,554,19,222,237],"class_list":["post-4478","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-state-and-local","category-tax-news","category-white-papers","tag-automation","tag-business","tag-exposure","tag-journal-of-state-taxation","tag-judy-vorndran","tag-nexus","tag-penalty-abatement","tag-remediation","tag-sales-tax","tag-software","tag-technology"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/taxops.com\/wp-content\/uploads\/2020\/03\/Benefits-and-limitations-of-sales-tax-automation.journal.png","_links":{"self":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/4478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/comments?post=4478"}],"version-history":[{"count":1,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/4478\/revisions"}],"predecessor-version":[{"id":7069,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/4478\/revisions\/7069"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/media\/4479"}],"wp:attachment":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/media?parent=4478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/categories?post=4478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/tags?post=4478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}