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If you're an owner of a company that is operating on a tight budget, one most tax-related item is on your mind is sales tax. Contrary to income tax that are calculated based on how much your earnings tax is calculated by how much revenue that your company generates. In the case of e-commerce companies, correctly recording sales tax in your accounting is vital. If you fail to properly record sales tax correctly, your company may be subject to penalty or audits in the future.

This guideline on sales tax included in this blog post provides the basics you should master beginning with the tax burden on nexus, using the appropriate methods to stay fully compliant.

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