Welcome to our dedicated exemption certificate blog. Here we can explore all the nuances related to these tax documents and how they affect your business processes. Throughout the years, I’ve seen how exemption certificates have become a more visible item to deal with in tax departments. State audits have become more frequent and more intense. Not surprising, I expect the topic of sales tax exemption certificate issues to become increasingly discussed as state governments resolve new economic nexus issues.
Two moving targets keep changing the dynamics on managing exemption certificates: technology and state legislation. Through this blog, I look forward to sharing my sales tax exemption certificate knowledge and audit experiences to keep you up to date on both. My background involves both the public and private sector. I have audited companies on behalf of the state and also had to defend companies during the audit as an employee. Although opposing sides to a potential conflict, each one is a necessary part of the business community.
I know there are a lot of individual issues on handling exemption certificates, so I encourage you to post your questions and comments, as they will benefit everyone. We can drill down more in depth on the topics that interest the community the most.
The first step in analyzing a sales tax exemption certificate process is reviewing the different available methods. Some companies have a well-defined process that includes the sales people, customer service staff, credit department and tax department. Some companies have the whole process managed by a tax staff member and utilize tools embedded within the existing ERP platform. Other times it will be completely outsourced.
What are you currently using and how is it working out for you? What are the benefits of your process - and what can others learn from it? Also, if you had the ability to re-create the process of handling sales tax exemption certificates - what would be the ideal process in your mind?
Other recent “Exemption Certificate Mgmt.” posts by Silvia Aguirre:
- Exemption Certificates for Federal Government Purchases
- Marketplace Fairness: What Does It Mean For Exemption Certificates?
- Will Oregon Start Charging Sales Tax? If So - Are You Ready?
- Canada is Bringing Back Exemption Certificates!
- Louisiana Changes State Forms to Include Parish Exemptions
Note: Silvia Aguirre is no longer accepting new comments or questions. More recent "Exemption Certificate Mgmt" posts by Michael Fleming (of Peisner Johnson) are still active. Also use the Site's SEARCH bar to locate other helpful information.