Shopify sales tax: An accounting expert shares what you need to know

Even experienced Shopify merchants can struggle when it comes to managing sales tax - and making a mistake can be costly.
In this webinar, Christy Cox, VP of Client Services at Nimbl, shares what Shopify merchants based in the US need to know about managing sales tax, from basic compliance, to sales tax nexus, to correctly recording tax, and more.
Additional resources:
- Sales Tax Institute’s Economic Nexus State by State Chart - www.salestaxinstitute.com/res...
Get in touch:
- Get in touch with Nimbl - trustnimbl.com/
- Get in touch with A2X - [e-mail]
00:00 Shopify sales tax: Are you doing it right?
00:18 Meet Christy Cox, VP Client Services at Nimbl
01:44 Agenda
03:08 Overview: Sales tax compliance for Shopify merchants
05:07 Sales platforms (e.g., Shopify) vs. Marketplace facilitators (e.g., Amazon)
08:50 Understanding nexus
13:40 Risk vs. compliance
17:57 Streamlined Sales Tax
19:45 How to record sales tax correctly
23:00 Shopify sales tax FAQs
23:27 How does sales tax apply to dropshipping?
24:32 Do I need to collect tax on international sales?
26:25 What are the record-keeping requirements for sales tax?
27:13 Do you recommend using tax software?
28:18 Audience Q&A
31:27 What is A2X, and what is Nimbl?
33:52 How to get in touch with Nimbl
The information provided in our webinars and resources is meant to be general in nature. Please consult a certified expert to get advice for your specific business requirements.