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If you're a company owner on a tight budget, the tax form that you need to pay close focus on is sales tax. In contrast to income taxes which are calculated by your net income, sales taxes are determined on the basis of what revenue your business generates. For e-commerce companies, correctly tracking the tax on sales is crucial. If you fail to properly collect sales tax, your company could face penalties or even audits later on.

The sales tax guide outlined in this article offers the basics you should master, beginning with the tax burden on nexus, and using appropriate tools for getting conformity.

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