Do you have tax liabilities in another states or countries and not even know it? Nexus is a term that you might have heard but you aren't really sure what it is. Most small businesses don't think about it because it must be something only bigger businesses deal with but states and other countries are getting smarter. What we talk about in this episode What is nexus? How is nexus created? Do I have presence in the European Union (EU)? What is taxable? What do I do if my shopping cart doesn't collect taxes? How do I determine if I have nexus? How do I get more help with this?
First, I would talk to your CPA. If your CPA is not knowledgeable about nexus issues, find a consultant who is. If you need help with this, feel free to email Kristin@smallbizlife.com to book an appointment to discuss if you have nexus issues. For general support and questions join our Small Biz HQ Community
For complete show notes check out the podcast on SmallBizLife.com
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https://www.smallbizlife.com/blog/episode-131-are-you-paying-taxes-in-all-the-states-and-countries-you-should-be
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