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Once you’ve figured out where you have sales tax nexus, the next thing to consider is that each state that does levy taxes will have varying rates and reporting requirements. hiring in-house talent). And, not to get too scary, but sales tax obligations can’t be discharged by bankruptcy.
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Most recently, he started and founded Upserve and grew it to become one of the largest cloud-based point-of-sale platforms for full-service restaurants in the US with over 10,000 restaurant customers and a payments platform processing over $12 billion in annual volume. We were part of the office of the CTO.
We were talking to Sean Place, who was the co founder and CTO, and it turned out that they were just giving gift cards to these drivers, but they had no way to authorize the right transaction at the right time for the right amount. And how we did that was, it’s a card that’s already linking to the point of sale device.
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