Kintsugi

Kintsugi is proud to announce that we have raised $6M in our Series A funding round. See the article in Forbes here: https://lnkd.in/eSsQCreu. Link Ventures Venture Highway Kyber Knight Capital DeVC #Kintsugi #VC #LinkVentures #VentureHighway #KyberKnight

Take a look at Kintsugi’s newest guide to "Explaining What Is Economic Nexus: Simplified" Read more here: https://lnkd.in/eY_eTTsD 1️⃣ Definition: Economic nexus refers to the requirement for businesses to collect sales tax in a state, even without a physical presence, based on economic activity. 🏢 2️⃣ Thresholds: Each state sets specific sales or transaction thresholds that trigger economic nexus obligations. 📊 3️⃣ Impact of Wayfair Decision: The 2018 Supreme Court ruling in South Dakota v. Wayfair Inc. significantly expanded economic nexus, affecting many ecommerce businesses. ⚖️ 4️⃣ Compliance: Businesses must track their sales and transactions in each state to determine if they meet the nexus thresholds and need to collect sales tax. 📈 5️⃣ Tools & Resources: Utilizing tax automation software can help manage economic nexus compliance efficiently. 🛠️ 6️⃣ Stay Informed: Regularly update your knowledge of state-specific nexus laws to avoid penalties and ensure compliance. 📰 💬 Join the Kintsugi's Discussion: How is your business navigating these challenges? Follow Kintsugi for more sales tax tips every week and to share your strategies and insights on Economic Nexus! #SalesTax #BusinessCompliance #TaxTips #EconomicNexus #WayfairDecision #BusinessCompliance #Kintsug #BusinessOperations #SmallBusinessTips #FinanceManagement #BusinessStrategy

Take a look at Kintsugi’s newest guide to "Penalty for Filing Sales Tax Late: What You Must Know" Read more here: https://lnkd.in/eHjJD58j 1️⃣ Understanding Penalties: Filing sales tax late can result in significant penalties and interest charges. It's crucial to be aware of the deadlines. ⏰ 2️⃣ Types of Penalties: Penalties can include a percentage of the tax owed, flat fees, and interest on the unpaid amount. Each state has different rules. ⚖️ 3️⃣ State-by-State Differences: Different states have varying penalties for late filing, making it essential to know the specific requirements in your state. 📍 4️⃣ Avoiding Penalties: Implementing a robust tax management system can help ensure timely filings and avoid costly penalties. 🛠️ 5️⃣ What to Do If You’re Late: If you miss a deadline, file as soon as possible to minimize penalties and interest. Contact the state tax authority for guidance. 📞 6️⃣ Stay Informed: Regularly review state tax regulations and updates to stay compliant and avoid unexpected penalties. 📰 💬 Join the Kintsugi's Discussion: How is your business navigating these challenges? Follow Kintsugi for more sales tax tips every week and to share your strategies and insights on Filing Sales Tax Late! #SalesTax #TaxCompliance #BusinessTips #AvoidPenalties #Kintsugi #BusinessOperations #SmallBusinessTips #FinanceManagement #BusinessStrategy

Take a look at Kintsugi’s newest guide to "Sales Tax in States Without Physical Presence: Key Insights Revealed" Read more here: https://lnkd.in/ecrqkGjv 1️⃣ Understanding Economic Nexus: Even without a physical presence, businesses may need to collect sales tax if they meet certain sales or transaction thresholds in a state. 💼 2️⃣ Wayfair Decision: The 2018 Supreme Court ruling changed the game for ecommerce, making it crucial for businesses to understand their tax obligations. ⚖️ 3️⃣ Thresholds Matter: Different states have varying thresholds for sales and transactions that determine when you must start collecting sales tax. 📊 4️⃣ Compliance is Key: Staying compliant involves regularly reviewing state laws and ensuring your tax collection processes are up-to-date. 🧾 5️⃣ Tools & Resources: Utilize software and professional services to help manage sales tax obligations across different states efficiently. 🛠️ 6️⃣ Impact on Small Businesses: Smaller businesses must be particularly vigilant about meeting these thresholds to avoid unexpected liabilities. 📉 💬 Join the Kintsugi's Discussion: How is your business navigating these challenges? Follow Kintsugi for more sales tax tips every week and to share your strategies and insights on Sales Tax in States! #Ecommerce #SalesTax #WayfairDecision #BusinessCompliance #EconomicNexus #Kintsugi #BusinessOperations #SmallBusinessTips #FinanceManagement #BusinessStrategy

A HUGE 🙏Thank You!🙏 to everyone who attended Kintsugi and Forecastr's Founders N' Funders VC Reverse Pitch Event in NYC last night! It was so great getting to talk to all of you and learning more about your businesses. Here's to making new connections! Stay tuned with Kintsugi for more exciting events and opportunities! #Kintsugi #VCReversePitch #Startups #Entrepreneurship #KintsugiCommunity

Take a look at Kintsugi’s newest guide to "What is the Difference Between Sales Tax and VAT: What Sets Them Apart?" Read more here: https://lnkd.in/edRNZzty 1️⃣ Definition: Sales tax and VAT are both consumption taxes, but they apply differently. Sales tax is added at the point of sale, while VAT is applied at each stage of production. 🛒 2️⃣ Calculation: Sales tax is a percentage of the final sale price. VAT is calculated at each production stage based on value addition. 📊 3️⃣ Impact on Businesses: Sales tax is straightforward but requires careful tracking. VAT involves more documentation but allows for tax credits. 🧾 4️⃣ Global Perspective: Sales tax is common in the US, while VAT is prevalent in Europe and other parts of the world. 🌍 5️⃣ Compliance: Businesses must understand local tax laws to ensure compliance and avoid penalties. Regular updates and accurate record-keeping are crucial. 📚 6️⃣ Customer Experience: The way taxes are applied can affect pricing and customer perception. Clear communication helps in managing customer expectations. 💬 💬 Join the Kintsugi's Discussion: How is your business navigating these challenges? Follow Kintsugi for more sales tax tips every week and to share your strategies and insights on Sales Tax and VAT! #Ecommerce #SalesTax #VAT #BusinessInsights #TaxCompliance #Kintsugi #BusinessOperations #SmallBusinessTips #FinanceManagement #BusinessStrategy

🚀 Today’s the Day! 🚀 Can you make it last-minute? It’s not too late to join Kintsugi. Register for free here: https://lnkd.in/g9mkEfbE The Kintsugi and Forecastr Founders N' Funders NYC VC Reverse Pitch Event is happening today! Don’t miss your chance to connect with top investors. 📅 Date: Today, July 10th 🕒 Time: 5:30 - 7:30 PM 📍 Location: Capchase Offices | 116 E 27th St, New York, NY 10016, USA #VCReversePitch #Startups #Entrepreneurship #KintsugiCommunity

Take a look at Kintsugi’s newest guide to "Explained: Does Shopify Collect Sales Tax in US for Ecommerce?" Read more here: https://lnkd.in/eN9nkZpJ 1️⃣ Understanding Sales Tax: Sales tax can be complex for ecommerce businesses. Know the rules and regulations to stay compliant. 💼 2️⃣ Shopify’s Role: While Shopify simplifies many processes, it’s essential to understand that they do not automatically collect sales tax for you. 🤔 3️⃣ Nexus Matters: Your obligation to collect sales tax depends on your business's nexus in different states. Research each state’s requirements. 📍 4️⃣ Economic Nexus: Even without a physical presence, you might still need to collect sales tax if you meet certain economic thresholds in a state. 💸 5️⃣ Tools & Resources: Leverage Shopify’s tools and third-party apps to manage your sales tax effectively. 🛠️ 6️⃣ Stay Updated: Tax laws are always changing. Keep up-to-date with the latest regulations to ensure compliance. 📰 💬 Join the Kintsugi's Discussion: How is your business navigating these challenges? Follow Kintsugi for more sales tax tips every week and to share your strategies and insights on Shopify Sales Tax! #Ecommerce #SalesTax #Shopify #BusinessTips #StayCompliant #Kintsugi #BusinessOperations #SmallBusinessTips #FinanceManagement #BusinessStrategy

⏳ Almost Here! ⏳ RSVP Now! https://lnkd.in/g9mkEfbE Only a few days left until the Kintsugi and Forecastr's Founders N' Funders NYC VC Reverse Pitch Event. Join us to hear from leading venture capitalists as they pitch THEIR value to entrepreneurs. 📅 Date: Wednesday, July 10th 🕒 Time: 5:30 - 7:30 PM 📍 Location: Capchase Offices | 116 E 27th St, New York, NY 10016, USA #Kintsugi #VCReversePitch #Startups #Entrepreneurship #KintsugiCommunity

Take a look at Kintsugi’s newest guide to "ECommerce Sales Tax Decoded: Expert Insights & Advice" Read more here: https://lnkd.in/ecVBknEk 1️⃣ Understanding E-commerce Tax Basics Explore the fundamentals of e-commerce sales tax and how it impacts your online business operations. 2️⃣ Compliance Tips for E-commerce Sellers Get expert advice on navigating complex tax regulations and ensuring compliance in your e-commerce ventures. 3️⃣ Tools and Strategies for Simplification Discover effective tools and strategies, including Kintsugi's solutions, to simplify e-commerce sales tax management. 4️⃣ Stay Ahead with Expert Guidance Stay informed with the latest insights and tips to stay ahead in managing e-commerce sales tax effectively. 💬 Join the Kintsugi's Discussion: How is your business navigating these challenges? Follow Kintsugi for more sales tax tips every week and to share your strategies and insights on Sales Tax! #EcommerceTax #SalesTax #BusinessCompliance #Kintsugi #BusinessOperations