Once the revelry of celebrating the New Year has ended and confetti has been swept up, that nagging thought rolls around once again. Taxes. Hopefully the prior year’s planning has left your agency in a good position and there are no looming surprises. Unfortunately, one of the issues that continues to crop up does not involve an agency’s income tax, but rather what sales taxes an agency is responsible for. Although this tends to be a grey area (even more so with implementation of digital technology) there are a few general rules that may help serve as a guide.
Read the full To Tax or Not To Tax article.