Understanding Sales Tax: A Beginner's Guide

Grasp the essentials of sales tax with our beginner's guide!
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𝐓𝐫𝐲 𝐚 𝟑𝟎-𝐝𝐚𝐲 𝐟𝐫𝐞𝐞 𝐭𝐫𝐢𝐚𝐥. 𝐍𝐨 𝐜𝐫𝐞𝐝𝐢𝐭 𝐜𝐚𝐫𝐝 𝐢𝐬 𝐫𝐞𝐪𝐮𝐢𝐫𝐞𝐝.
In this video, we'll break down the basics of sales tax, including what it is, how it works, and why it’s important for your business. Perfect for small business owners, new entrepreneurs, and anyone looking to get a better handle on their finances. Stay compliant and avoid costly mistakes by understanding the fundamentals of sales tax.
Table of contents:
00.25 - Introduction
00:39 - What is Sales Tax?
01:07 - What is Nexus?
02:15 - What is SST?
02:50 - Difference between VAT & Sales Tax
04:02 - How to calculate sales tax in the US?
04:54 - Sales tax formula
05:11 - Sales Tax Automation
06:29 - Sales Tax in Quickbooks
07:24 - SaasAnt PayTraQer integration with QuickBooks
08:05 - Conclusion
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