04/26/2024

How to See if Taxes are Affecting Your Meeting’s Profits

Focus on these three key areas

While striving to be thrifty with event budgets, planners might let nicely priced packages drive their decisions on meetings. But if they haven’t assessed their tax needs, they could see an event’s profitability suffer.

Diane Yetter, president and founder of Yetter Tax and the Sales Tax Institute, has spent her entire career talking about taxes. She identifies some of the key tax factors to be aware of when hosting a meeting.

Find Out If the State Has a Sales Tax

It’s not a foregone conclusion that an event will be subject to a state sales tax. In fact, choosing a destination in a state with no such tax can save a bundle right from the start.

Please select this link to read the complete article from Associations Now.