Lexington and Kentucky business owners need to ensure compliance with sales tax reporting requirements in each jurisdiction where they have nexus – sales over a designated amount. Over the past few years, managing this requirement has become an increasingly complicated proposition. Not only did the 2018 Supreme Court ruling in South Dakota v Wayfair change reporting rules, but the proliferation of online sales has increased exposure to new collection and reporting obligations. Matters are made more complicated when you consider that each state and local jurisdiction often has different and constantly changing rules. To manage the process and gain peace of mind, many businesses turn to outsourced sales tax compliance management.
Outsourced Sales Tax Compliance Management Experience
Barnes Dennig provides outsourced sales tax compliance management services to companies in Lexington and Kentucky. Our tax team has years of experience navigating the complexities of sales tax compliance. Through a combination of leading technical expertise, practical insights, effective strategies, and best-in-class tools, we provide the support needed to maintain compliance, which helps protect against unwelcome surprises such as penalties, fees, and interest for unpaid sales tax obligations. Whether you’re a fast-growing company or one with established customers across the nation, Barnes Dennig stands ready to assist.
Outsourced Sales Tax Management Services
Barnes Dennig’s sales tax management services include:
- Avalara sales tax software and compliance management services
- Nexus evaluation
- Taxability determination
- Tax return preparation and filing
- Avalara exemption certificate management
- Assistance with audit defense and notices
Map of Lexington KY
About Lexington (KY)
The horse industry plays a significant role in the business landscape of Lexington. From the stately Keeneland Race Course, where thoroughbred racing enthusiasts gather in anticipation of breathtaking races, to the meticulously maintained horse farms that produce champions, the horse industry is an integral part of the local economy. Businesses involved in horse breeding, training, transportation, and equine services contribute to the city’s economic vitality.
Beyond the equine world, Lexington boasts a vibrant healthcare and biotechnology sector. The University of Kentucky’s Albert B. Chandler Hospital stands as a beacon of medical excellence, providing world-class healthcare services to the region. In addition, the city is home to cutting-edge biotech companies and research institutions, where scientists and innovators work tirelessly to develop life-changing advancements in medicine and biopharmaceuticals.
Contact Our Outsourced Sales Tax Compliance Management Team
Barnes Dennig provides outsourced sales tax compliance management to companies in Lexington and across Kentucky. If you’re interested in learning how we can help you manage sales tax compliance, complete the form below and a team member will follow up with you shortly.