Nexus is a crucial piece of the sales tax puzzle for any business, as it determines if, when, and where you’re required to collect and remit sales tax. Simply making a certain amount of sales in a state, hiring a remote employee, or attending an event can be enough to trigger nexus. If you’re not keeping track of your activities, you may be hit with fines and other penalties.
To help you better understand nexus laws and what’s required of you, we cover:
- Nexus types: Physical vs. Economic
- The common activities that trigger each type of nexus
- A look at the different nexus thresholds by state
- Steps you can take to address any triggered nexus and how to get into compliance
