Simply Tax® Episode 32 - What Now After Wayfair?

Thoughtware Podcast Published: Aug 07, 2018
Government Buildings

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Confusion has been swirling after the recent U.S. Supreme Court ruling South Dakota v. Wayfair, Inc. (Wayfair). Guest Ken Taylor joins host Damien Martin to break down this landmark decision, clear up misconceptions and explain the potential effects on businesses large and small.

  • The significance of the U.S. Supreme Court decision in Wayfair @ 1:26
  • Nexus? @ 8:44
  • A lot’s changed since Quill Corp. v. North Dakota, 504 U.S. 298 (1992) @ 12:14
  • The difficult business decision @ 15:07
  • You need good information to comply with sales and use tax rules @ 18:30
  • What Wayfair means for purchasers @ 21:15
  • Now is the time make changes to your systems and processes @ 23:32
  • Failing to properly address sales and use taxes can affect mergers and acquisitions @ 26:00
  • Advice for businesses and their owners in responding to Wayfair @ 29:58
  • What happens if you wait to comply? @ 34:56
  • That’s a lot to consider and you need perspective @ 38:25

Ken Taylor is a senior managing consultant in BKD’s State & Local Tax Services (SALT) division. He provides indirect tax consulting services to both public and private companies, including facilitation of automating sales/use tax compliance, technical assistance and research, audit defense, opinion memos, due diligence reviews for purchasers, identification and recovery of overpayments and sales/use tax function effectiveness reviews.

Connect with Ken on LinkedIn

Background article: U.S. Supreme Court to Review Nexus for Sales Tax 
Article: Quill Is Overturned - A New Era in Economic Nexus for Sales Tax 
Webinar: What Does the Wayfair Ruling Mean for Your Organization?

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