As many finance departments focus on making prudent investments regarding time and cost, checking both boxes at once and choosing to outsource your sales and use tax compliance services is simply the right thing to do.
At Thompson Tax, we offer comprehensive end-to-end services that will free up your internal tax team to focus on other essential tasks.
Whether your home base is on the east coast, west coast, somewhere in between, or even outside the U.S., Thompson Tax has a dedicated team of analysts available to help. We are always just a phone call away.
Reach out to Thompson Tax today. We are your Trusted Tax Advisors.
Our Sales & Use Tax Compliance Services
Our highly trained and experienced sales and use tax compliance experts will work alongside you to develop a tailored service plan that fits your business needs. Some of the services we offer include:
Assistance in Preparing State and Local Sales Tax (SALT) Registrations
Proper registration is the essential first step in achieving and maintaining sales and use tax compliance. At Thompson Tax, we specialize in helping businesses across various industries, including SaaS, e-commerce, manufacturing, and life sciences, navigate the complex landscape of state and local tax (SALT) registrations.
Whether you’re entering a new market, expanding into multiple states, or responding to evolving economic nexus thresholds, we’re here to put you on the right track toward long-term compliance.
Why SALT Registrations Matter
Failing to register promptly in jurisdictions where you have sales tax nexus can result in penalties, interest, or even retroactive liabilities. As part of our Sales & Use Tax Compliance Services, we help you understand:
- Where your physical or economic presence creates tax obligations;
- What documents are required to register with each state or locality; and
- How registration impacts filing responsibilities and compliance schedules.
Our Registration Services Include:
1) Documentation Review
We evaluate your business activity, sales footprint, and entity structure to determine which forms, ID numbers, and documentation are required by each jurisdiction.
2) Filing Requirement Summary
We provide a comprehensive overview of your registration and reporting obligations by jurisdiction, including frequency of filings, prepayment rules, and electronic filing requirements.
3) End-to-End Registration Support
Our team prepares and submits all state and local sales tax registration applications on your behalf. We handle agency communications, ensure all deadlines are met, and maintain a smooth onboarding process with state Departments of Revenue.
Sales and Use Tax Return Filings
Accurate. Timely. Hassle-Free.
Filing sales and use tax returns correctly and on time is essential for maintaining good standing with state and local tax authorities. With filing requirements varying by jurisdiction (monthly, quarterly, or annually), keeping up can be burdensome for even the most well-staffed finance departments.
At Thompson Tax, we take the pressure off your internal tax team by managing your return filings from start to finish. Our experts handle everything from verifying tax data to submitting payments so you can focus on running your business with confidence.
Why Timely Tax Return Filing Matters
Failing to file or filing inaccurate returns can lead to costly penalties, interest, and even audits. Our sales and use tax return services ensure:
- Accurate reporting of taxes based on each jurisdiction’s rates;
- Timely filing to avoid late fees or compliance notices; and
- Centralized support for multistate operations, including consolidated filing solutions.
What’s Included in Our Return Filing Services:
1) Filing Frequency & Jurisdiction Management
We maintain a filing calendar tailored to your business’s specific nexus footprint, ensuring no due dates are missed across monthly, quarterly, or annual schedules.
2) Secure Return Submission
Our team prepares and electronically files returns with all applicable state and local tax authorities. We also manage payment submissions and filing confirmations.
3) Ongoing Compliance Monitoring
As your business evolves, so do your tax obligations. We continuously monitor nexus expansion and filing thresholds to ensure your filings remain accurate.
Review Annual Business License Requirements
Simplify Business Licensing. Reduce Risk. Stay Compliant.
In today’s regulatory environment, businesses must comply with a wide range of business license, permit, and registration requirements at the local, state, and national levels. With hundreds of jurisdictions vying for revenue, failing to stay current with annual licensing obligations can result in penalties, fines, operational disruptions, or even business closure.
At Thompson Tax, we help companies navigate this complex landscape by reviewing annual business license requirements and keeping all registrations accurate and up to date. Whether you’re a growing startup, multistate manufacturer, SaaS provider, or e-commerce seller, we ensure you meet compliance standards in every jurisdiction where you do business.
Why Business Licensing Compliance Matters
Failure to obtain or renew the proper licenses and permits can lead to:
- Regulatory penalties, fines, or revocation of the right to operate;
- Delayed sales and use tax registrations and return filings;
- Missed opportunities to qualify for tax incentives or exemptions; and
- Reputational risk and operational disruption during audits.
What Our Annual License Review Includes:
1) License Needs Assessment
We evaluate your operation by location, industry, and business activity to determine which licenses, permits, or certificates are required across jurisdictions.
2) Renewal & Expiration Tracking
Our system tracks license renewal deadlines and expiration dates, ensuring you never fall out of compliance, which is especially critical for businesses expanding into new states or municipalities.
3) Registration Accuracy Review
We verify the completeness, accuracy, and consistency of existing registrations across multiple platforms (e.g., sales tax permits, business operation licenses, and tax IDs).
4) Coordination with Sales Tax Registrations
Many jurisdictions require a valid business license before issuing a sales tax permit. Our licensing services complement your sales & use tax registration efforts for seamless onboarding.
Sales and Use Tax Compliance FAQs
Where must I register to collect and remit sales and use tax?
Utilizing a Nexus Questionnaire, we can quickly help you identify where you should be registered and collecting. We can also help you identify the states you should monitor closely as your sales increase.
How do I know what sales tax rate to use since they change frequently?
There are several rate solutions available. Depending on your software system’s capabilities, you could bolt on a completely automated tax rate solution or choose a more manual solution. Several states offer a lookup tool or a downloadable file with current sales and use tax rates.
What is the best way to register for sales and use taxes now that I have met Nexus?
Thompson Tax can help quantify your exposure. Knowing your exposure will determine whether direct registration is the best choice for your company or if you may benefit from a Voluntary Disclosure Agreement (VDA).
Why Choose Thompson Tax?
At Thompson Tax, we understand that no two industries are alike when it comes to sales and use tax compliance, which is why our compliance services are tailored to the specific needs of your industry. So, whether you’re a SaaS provider navigating digital product taxability, a manufacturer managing exemptions and drop shipments, or an e-commerce seller facing multistate obligations, we have you covered! Our team brings firsthand experience to ensure that your processes align with your operations, minimizing risk and supporting long-term compliance success.
With our wraparound services, you can focus on running your business while we handle the complexities of tax compliance. Now is the time to discover what Thompson Tax can do for you.
Let us be your Trusted Tax Advisor.
Thompson Tax is Here to Help Facilitate Your Sales & Use Tax Compliance Needs
Managing your company’s sales and use tax obligations can be daunting, even for seasoned experts. Trying to adhere to constantly evolving nexus laws and the ever-changing rules of thousands of taxing jurisdictions can leave your company’s internal tax team overwhelmed and behind schedule.
There is a simpler way. Let Thompson Tax help.