Some clients are more are risk to sales tax exposure than others. LumaTax enables you to proactively survey your clients to measure their risk of exposure and perform detailed state-by-state analysis, if needed.
While you can survey any client, this article provides guidance for identifying at-risk clients to survey.
Note: Nexus surveys and client profiles do not count against your billing thresholds unless you upload data and complete a Nexus Analysis Report.
At-risk clients may include:
- Clients in industry verticals such as Merchandising, Manufacturing, Software-as-a-Service (SaaS), or Digital Goods and Services.
- Clients with over $3-million in annual revenue.
- Clients selling to customers in multiple states.
- Clients with a distributed workforce. This may include having offices, remote employees (WFA), or third parties operating in multiple states.
- Clients holding inventory in multiple states.
- Clients using omni-channel sales models that might include Amazon, Shopify, Walmart, Etsy, or similar channels.
Once you have identified clients to survey, you can invite them to complete a nexus survey. To learn how, view the article Invite a new client to LumaTax using Client Connect. Or, you can complete their profile yourself.
Tip: Some accountants will also survey client prospects to help estimate their scope of services. If needed, you can archive a client from your list. To learn how, see Archive a LumaTax client.
