General Questions

What is a resale certificate?
A resale certificate is a document that allows resellers to buy items for resale without having to pay sales tax on particular items. Forms and rules vary w...
Mon, 15 Nov, 2021 at 3:29 PM
What is an exemption certificate?
An exemption certificate is a document that allows governments, businesses or other organizations to attest that they are a tax-exempt entity or are able to...
Mon, 15 Nov, 2021 at 3:30 PM
Can I use one resale or exemption certificate form across all states?
Tax laws vary by state and some states may require a certain certificate form while others might not. Before you accept a resale or exemption certificate fr...
Mon, 15 Nov, 2021 at 3:30 PM
Am I required to accept a resale certificate?
No. You as an organization are generally not required to accept resale certificates and acceptance is at your discretion. It is not illegal to refuse to acc...
Mon, 15 Nov, 2021 at 3:31 PM
Am I required to accept an exemption certificate?
Due to the varied nature of exemption certificates and potential utilization by government entities by a variety of jurisdictions, we advise that you reach ...
Mon, 15 Nov, 2021 at 3:31 PM
When should I collect an exemption certificate?
As a general rule of thumb, you should collect exempt certificates prior to an applicable tax exempt transaction taking place. Failure to collect the certif...
Mon, 15 Nov, 2021 at 3:32 PM
What do I do when I receive an exemption certificate?
It is your responsibility to determine the validity of the exemption certificates you receive. There are certain aspects to consider when accepting exemptio...
Mon, 15 Nov, 2021 at 3:32 PM
What are my risks when accepting exemption certificates?
If you accept false or expired exemption certificates or if you are not able to present a valid copy of an accepted exemption certificate, you might be liab...
Mon, 15 Nov, 2021 at 3:32 PM
Do you provide tax advice?
EXEMPTAX is not a tax advisory firm. You know your business best and you should remain in control of your business. We provide you with an end-to-end exempt...
Mon, 15 Nov, 2021 at 3:32 PM
What is Economic Nexus?
On June 21, 2018, the U.S. Supreme Court in South Dakota v. Wayfair overturned the physical presence standard for substantial nexus. This ruling paved the w...
Mon, 15 Nov, 2021 at 3:32 PM