Due Diligence
Sales Tax
Sales tax regulations vary by jurisdiction and change frequently, creating risk for businesses operating across state and local lines. Lumsden McCormick helps you understand where you have sales tax obligations, ensure accurate reporting, and manage compliance. Our team helps you reduce exposure, avoid penalties, and stay ahead of evolving requirements as your business grows.
Latest Insight
California Extends Sales Tax to Prewritten Software and SaaS, Effective January 1, 2027
Beginning January 1, 2027, businesses that sell software or Software-as-a-Service (SaaS) to customers in California (or businesses that purchase it) will be subject to the state’s sales and use tax for the first time. This change comes as part of California’s state budget, signed on June 29, 2026. Senate Bill 122 (S.B. 122) extends California’s […]
