2022 tax concerns for manufacturers, wholesalers, and distributors
WHEN
On-demand
DURATION
60 minutes
COST
Free
What tax-exempt sellers need to know to manage tax compliance and reduce audit risk
Sales tax compliance is more complicated than ever for manufacturers, distributors, and wholesalers, thanks to supply chain issues, shifting sales channels to meet demand, and labor shortages. In fact, according to the 2021 Deloitte and The Manufacturing Institute’s Manufacturing Talent study, 77% of manufacturers surveyed anticipate ongoing complications from the labor shortage, and many have had to switch suppliers to keep business operations running smoothly.
Along with this complexity, manufacturers and other tax-exempt sellers face higher audit risks than other industries. Common mistakes found by auditors include failure to register where required, missing exemption certificates, and reporting the wrong consumer use tax.
Don’t navigate these issues alone. Let a tax expert from Avalara help you make sense of your tax obligations in our webinar.
You’ll learn:
Impacts of supply chain and labor shortages on tax compliance
How economic nexus laws affect exempt sellers, including increased tax obligations in multiple states
Tips to effectively manage and organize exemption documents to avoid being hit with penalties during an audit
Why your business must actively manage consumer use tax in addition to sales tax exemptions (especially if you don’t pay sales tax on purchases you make)
Webinar attendees are also eligible to earn 1 hour of CPE credit.
About the speakers
Silvia Aguirre
Vice President of Certificate Management, Avalara
Silvia was an auditor for Texas in their San Antonio and New York offices. After her audit career, Silvia served as tax manager for national companies in the manufacturing, retail, and technology industries. In addition to her role as the vice president of Certificate Management at Avalara, she is the co-founder of Avalara CertCapture. Silvia was previously co-founder and principal at Tax Technology Services, LLC, where she had overall responsibility for the operational efficiency of the organization, as well as the tax knowledge base.