{"id":7554,"date":"2021-03-16T17:09:55","date_gmt":"2021-03-16T17:09:55","guid":{"rendered":"https:\/\/taxops.com\/?p=7554"},"modified":"2021-11-22T15:43:36","modified_gmt":"2021-11-22T15:43:36","slug":"bad-exemption-certificates-and-how-to-work-your-way-out","status":"publish","type":"post","link":"https:\/\/taxops.com\/bad-exemption-certificates-and-how-to-work-your-way-out\/","title":{"rendered":"Bad Exemption Certificates and How to Work Your Way Out"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1200\" height=\"628\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-src=\"https:\/\/taxops.com\/wp-content\/uploads\/2021\/03\/Bad-exemption-certificates.png\" alt=\"\" class=\"wp-image-7555 lazyload\" data-srcset=\"https:\/\/taxops.com\/wp-content\/uploads\/2021\/03\/Bad-exemption-certificates.png 1200w, https:\/\/taxops.com\/wp-content\/uploads\/2021\/03\/Bad-exemption-certificates-980x513.png 980w, https:\/\/taxops.com\/wp-content\/uploads\/2021\/03\/Bad-exemption-certificates-480x251.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1200px, 100vw\" \/><noscript><img decoding=\"async\" width=\"1200\" height=\"628\" src=\"https:\/\/taxops.com\/wp-content\/uploads\/2021\/03\/Bad-exemption-certificates.png\" alt=\"\" class=\"wp-image-7555 lazyload\" srcset=\"https:\/\/taxops.com\/wp-content\/uploads\/2021\/03\/Bad-exemption-certificates.png 1200w, https:\/\/taxops.com\/wp-content\/uploads\/2021\/03\/Bad-exemption-certificates-980x513.png 980w, https:\/\/taxops.com\/wp-content\/uploads\/2021\/03\/Bad-exemption-certificates-480x251.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1200px, 100vw\" \/><\/noscript><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">By Judy Vorndran, originally published in the Journal of State Taxation<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><em>When it comes to exemption certificates, the law often sides with the tax authority or auditor over taxpayers. Simply put, if a vendor does not collect the tax on a transaction\u2014any transaction\u2014the vendor needs to have proper exemption certificate (certificate) documentation. Vendors who do not gather or maintain proper certificates are exposed, and costs can climb fast when certificates are missing, invalid or expired. <\/em><\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\">Learn About<\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Past Methods That Fall Short<\/li><li>Audit-Ready Certificate Systems<\/li><li>Common Questions &amp; Answers<\/li><\/ul>\n\n\n\n<div style=\"height:61px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Click for Instant Download<\/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\/wp-content\/uploads\/2021\/03\/Bad-Exemption-Certificates.Vorndran.TaxOps.2021.pdf\">Bad Exemption Certificates and How to Work Your Way Out<\/a><\/p><\/blockquote>\n\n\n\n<div style=\"height:61px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Let\u2019s Talk Tax<\/strong>&nbsp;<\/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\/judy-vorndran\/\"><u>Judy Vorndran<\/u><\/a>\u00a0can be reached at\u00a0<a href=\"mailto:jvorndran@taxops.com\"><u>jvorndran@taxops.com<\/u><\/a>\u00a0or 720.227.0093.\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/judyvorndran\/\"><u>Follow<\/u><\/a>\u00a0Judy on LinkedIn.<\/p><\/blockquote>\n\n\n\n<div style=\"height:61px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">More 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:61px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Judy Vorndran, originally published in the Journal of State Taxation When it comes to exemption certificates, the law often sides with the tax authority or auditor over taxpayers. Simply put, if a vendor does not collect the tax on a transaction\u2014any transaction\u2014the vendor needs to have proper exemption certificate (certificate) documentation. Vendors who do [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":7555,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","spt_transcript":"","footnotes":""},"categories":[229,226,227],"tags":[126,274,265,191,142,18],"class_list":["post-7554","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-state-and-local","category-tax-news","category-white-papers","tag-cpa","tag-exemption-certificate","tag-finance-professional","tag-remote-sales","tag-remote-sellers","tag-sales-and-use-tax"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/taxops.com\/wp-content\/uploads\/2021\/03\/Bad-exemption-certificates.png","_links":{"self":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/7554","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=7554"}],"version-history":[{"count":10,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/7554\/revisions"}],"predecessor-version":[{"id":9423,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/7554\/revisions\/9423"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/media\/7555"}],"wp:attachment":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/media?parent=7554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/categories?post=7554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/tags?post=7554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}