Sales Tax System and Voluntary Tax System – Scott Letourneau

$124.00

Sale

Sales Tax System and Voluntary Tax System – Scott Letourneau

$124.00

The SMART and EASY Way to STAY Tax Compliant, PAY ZERO SALES TAX and GROW Your Amazon Business for Long Term

Category:

Purchase Sales Tax System and Voluntary Tax System – Scott Letourneau Course at eBokly. We actively participate in group buys and are committed to sharing knowledge with a wider audience. What's more, our courses maintain the same quality as the original sale page. You have the option to buy directly from the sale page at the full price (sale page link is provided within the post).

One Simple System to Get Your FBA Business in Sales Tax Compliance

Attention all FBA Sellers!

Read the important information below to discover…

The SMART and EASY Way to STAY Tax Compliant, PAY ZERO SALES TAX and GROW Your Amazon Business for Long Term

Ongoing Success!

Put An End to All Your Tax Worries With This Simple-To-Use Total Compliance Sales Tax System.

When it comes to living the online freedom lifestyle, Amazon has become a very popular platform for many people, families and internet entrepreneurs.

It has not only created one of the most advanced fulfillment networks in the world by storing, packing and shipping your products to your customer… it has also provided Amazon sellers with multiple advantages.

Some of these include easy access to its HUGE marketplace, two-day fast delivery, secure payments and more.

As a result, this amazing and profitable opportunity has skyrocketed online sales to almost $190 Billion in the last few years alone.

Until recently, consumers could often buy products online for less by saving on sales tax, but consequently, states lost BILLIONS of $$$ in uncollected sales tax revenue.

This caused most States to ‘get in’ on the giant revenue pie, and began charging all online ecommerce businesses sales tax, impacting EVERYONE doing business on the internet, including Amazon FBA sellers.

These new tax policies became known as the “Amazon laws”, and since they’ve been released, most FBA Sellers and online business owners unfortunately feel like they’re literally waiting to be hung… it’s just a matter of time.

The reason for this is because as an FBA Seller or online business owner, you must now;

  1. COLLECT sales tax in the right amount.
  2. REMIT that tax to the proper state agency.  

When sales tax becomes overdue, it then becomes a liability that comprises of three things; sales tax PLUS interest PLUS penalties, totalling up to a MASSIVE 41%.

SALES TAX = 8%

 INTEREST = 3%

PENALTIES = 30%

TOTAL = 41%

Here’s a quick example of a sales tax liability owing on just $5,000 in sales in different States:

As an FBA seller (or any online business owner), state governments hold YOU responsible for being in COMPLIANCE.

If you’re an established FBA Seller and have NOT collected and paid your sales taxes, you are HEAVILY under water and need to act immediately.

Failing to Collect and Remit Sales Tax When you Were Required to Means You’ll be Obliged to Pay the Sales Tax Liability Out of Your OWN POCKET!

This is why running your business while being out of compliance is equivalent to FLUSHING Your Profits Down the Toilet! 

Choosing to ignore the responsibility of becoming compliant does not free you from being indebted to the collection agency of that particular state… and, it gets worse…

Neglecting to Pay the Outstanding Tax Liability Could Not Only Send Your Business Into Liquidation but Can Also Put you at Personal Risk of Bankruptcy!

The State Sales Tax Departments have powers to exercise their rights and take legal action against you to recover the amount owing, plus penalties and interest.

Here’s a Typical Sales Tax Audit Scenario:

Let’s say you’re an Amazon FBA seller and you fail to collect or remit sales tax in one of the FBA states, nothing may happen at first, and after a year or two with no audit, you may incorrectly assume that you’re in compliance.

BUT…

A few years later, when the state tax agency eventually searches your business and does a manual audit, you’ve now entered their taxation audit process and are legally bound to co-operate, collaborate and comply.

At this point, the sales tax auditor will require you to pay the uncollected taxes immediately without hesitation (plus costs). The longer you take to pay, the bigger the amount you’ll be forced to pay in the long run.

Anyone Who’s Been Audited from the Tax Department Will Confess its A Very Hard Battle to Recover From.

In a perfect world, you’ll get audited in the first year of business, keeping your taxes and penalties down.

However, we’ve seen many cases taking 7-10 years and even longer for audits to finally reach businesses with a nasty surprise.

At that point, it’s generally too late for business owners to recover because the tax agency assesses every single transaction from day one, which generally accumulates too big of an amount for the business owner to pay, causing the destruction of that business plus personal litigation.

Where and When Does Sales Tax Need to be Paid?

You need to collect and remit sales tax when you have nexus. No nexus? No problem. You’re off the hook for sales tax.

If you HAVE nexus however, then sales tax is your responsibility as long as you continue to trade in an FBA state.

What is nexus?

It’s just a fancy way of saying you’re obliged to collect and pay sales tax by the tax office in a given state.

Basically, you have nexus in each and every state where your business benefits from that state’s services or infrastructure.

Examples are using that state’s roads or bridges, sending your staff there for any business reason, and/or storing products in a warehouse in that state (yes for Amazon sellers).

For you as an FBA business owner, generally speaking, you have nexus (tax liability) at least in your home state where you live and also the states where your products are warehoused.

Note: There are only five states in the US that don’t have nexus:

  • Alaska
  • Montana
  • New Hampshire
  • Delaware
  • Oregon

If you are NOT in one of these states and use Amazon’s FBA service, then you have sales tax nexus and are required to collect and remit sales tax in your business.

Behind on Sales Tax?

If you have been selling for 6 months or longer, and have NOT collected or remitted sales tax, you’re not alone. This is common for businesses in their first few years of trading. It’s also likely you had the wrong information and didn’t even know that collecting and remitting sales tax was required.

The BAD NEWS is that NOT getting into COMPLIANCE ASAP is a financial disaster waiting to happen and extremely detrimental to your business.

Each Day you are NOT Collecting and Remitting Sales Tax in the States Where You Nexus, you are Responsible for the Sales Tax That’s Accruing.


Tag: Sales Tax System & Voluntary Tax System – Scott Letourneau Review. Sales Tax System & Voluntary Tax System – Scott Letourneau download. Sales Tax System & Voluntary Tax System – Scott Letourneau discount.


Purchase the Sales Tax System and Voluntary Tax System – Scott Letourneau course at the best price at eBokly. Upon completing your purchase, you will gain access to the downloads page. where you can conveniently retrieve all associated course files. Additionally, we will send you a download notification email to your registered mail.

Unlock your full potential with our Sales Tax System and Voluntary Tax System – Scott Letourneau courses. Our courses are meticulously designed to empower you with the skills and knowledge needed for excellence.

Why wait? Take the first step towards greatness by acquiring our Sales Tax System and Voluntary Tax System – Scott Letourneau courses today. We ensure a smooth and secure purchasing experience that guarantees your peace of mind. Rest assured that your financial information is safeguarded through our trusted payment gateways, Stripe and PayPal.

Stripe, renowned for its robust security measures, offers a secure and dependable payment process. Your sensitive data is encrypted using state-of-the-art technology, ensuring its confidentiality throughout the transaction.

PayPal, a globally recognized payment platform, adds an extra layer of security. With its buyer protection program, you can make your purchase with confidence, knowing that your financial details are protected, allowing you to focus on your learning journey.

Is it secure? to Use of?
  • Rest assured, your identity remains completely confidential. We do not share your information with anyone, ensuring the utmost security when you buy the Sales Tax System and Voluntary Tax System – Scott Letourneau course.
  • 100% Safe Checkout Privateness coverage
  • We employ robust communication and encryption methods to protect sensitive information. All card numbers are encrypted using AES at rest-256, and the transmission of card numbers occurs in a separate hosting environment, without sharing or storing any data.
How Will the Course Be Delivered?
  • Upon successful payment for the “Sales Tax System and Voluntary Tax System – Scott Letourneau course”, Most of the products will come to you immediately. But for some products were posted for offer. Please wait for our response, it might take a few hours due to the time zone difference.
  • If this occurs, kindly be patient. Our technical department will process the link shortly, and you will receive notifications directly via email. Your patience is greatly appreciated.
What Shipping Methods Are Available?
  • You will receive a download link in the invoice or in YOUR ACCOUNT.
  • The course link is always accessible. Simply log in to your account to download the Sales Tax System and Voluntary Tax System – Scott Letourneau course whenever you need.
  • You can study online or download the content for better results, making it accessible from any device. Ensure your system does not go to sleep during the download process..
How Do I Track Order?
  • We promptly update the status of your order following your payment. If, after 7 days, there is no download link provided, the system will automatically process a refund..
  • We love to hear from you. Please don’t hesitate to email us with any comments, questions and suggestions.

Reviews

There are no reviews yet.

Be the first to review “Sales Tax System and Voluntary Tax System – Scott Letourneau”