What you need to know about sales tax on digital products

I am so excited to be talking about today's topic – sales tax on digital products – although I'm most excited for my guest to take the lead because, frankly, sales tax compliance scares me. As a former English teacher, I am scared to death of bookkeeping, sales tax compliance for teachers pay teachers, and sales tax on digital products in general. Nonetheless, I know one thing to be true: sales tax compliance is very important. Plus, sales tax compliance is the number one question that we're asked in our communities. We used to run away from sales tax on digital product questions. Today, we're no longer running. Instead, we’re running the question to my guest, Katherine Tucker.

Your guide to sales tax on digital products  

My guest today, Katherine P. Tucker, CPA, is a spunky accountant who helps TpT sellers with two important pieces of their business: bookkeeping and sales tax. So what is tax compliance? Well, as Katherine explains it, sales tax compliance is the first step to understanding the financial state of your CEO Teacher® business. She also believes that teachers should know how to pay teachers pay teachers sales tax and sales tax on digital products. Since April 2021 Katherine has been working with TpT sellers and is the creator of the online, self-paced course, “The Teacherpreneur’s Sales Tax Roadmap.” She is a Certified Public Accountant (CPA) with bachelor’s and master’s degrees in Accounting. And while sales tax is a topic that a LOT of people would like to run from, she’s here to let you know that it's not as scary as it seems. So if you’re ready to take your business to sustainable heights, Katherine’s about to break down sales tax on digital products to their most basic level. Listen now!

In this episode, you will learn:

• What is tax compliance
• How sales tax on digital products is determined
• What first steps you need to take in order to be sales tax compliant
• Where to find sales tax compliance services
• How to prepare your teachers pay teachers taxes
• And so much more!

Links Mentioned in this Episode about sales tax on digital products: 

• Katherine P Tucker on Instagram
• The Teacherpreneur’s Sales Tax Roadmap
• What is Nexus?
• What is sales tax nexus?
• TaxJar
• Avalara
• Kajabi
• Quaderno from Kajabi
• Shopify
• WooCommerce
• Let’s Talk Sales Tax

CEO Teacher® Resources Worth Their Weight in Gold: 

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Download my free book, A Teacher’s Map of Online Business Secrets, and get started growing your business today!

Check out my CEO Teacher® Book Recommendations here!

Join Our CEO Teacher® Podcast Community to Grow With Like-Minded Teachers:

Send me a DM on Instagram– I love chatting with my people, so  send me your sales tax on digital products questions

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