What are the Economic Nexus Laws?
Sellers Sales Tax System Blog
by Scott Letourneau
1y ago
Economic nexus laws are state laws that require out-of-state businesses to register, collect, and remit sales tax on taxable sales made to customers within the state, even if the business does not have a physical presence in the state. These laws are based on the economic activity of the business, such as the number of […] The post What are the Economic Nexus Laws? appeared first on Complete Sales Tax Registrations | Nexus Analysis & Virtual Address Support ..read more
Visit website
Streamlined Sales Tax Registrations Pros and Cons
Sellers Sales Tax System Blog
by Scott Letourneau
1y ago
Streamlined Sales Tax (SST) is a program that was created to simplify and modernize the sales tax system in the United States. The Streamlined Sales Tax Governing Board administers the SST program, a non-profit organization made up of representatives from participating states. The SST program aims to simplify the process of collecting and remitting sales […] The post Streamlined Sales Tax Registrations Pros and Cons appeared first on Complete Sales Tax Registrations | Nexus Analysis & Virtual Address Support ..read more
Visit website
Marketplace Facilitator Changes in 2023
Sellers Sales Tax System Blog
by Scott Letourneau
1y ago
If you sell on a Marketplace facilitator such as Amazon, as you know, they now collect and remit sales tax in over 47 Marketplace nexus states (including D.C. and Alaska at the local level).  Missouri will add marketplace nexus by January 2023.  An updated whitepaper was produced in the recent MTC.gov meeting, making recommendations to […] The post Marketplace Facilitator Changes in 2023 appeared first on Complete Sales Tax Registrations | Nexus Analysis & Virtual Address Support ..read more
Visit website
Marketplace Facilitator Changes in 2022
Sellers Sales Tax System Blog
by Scott Letourneau
2y ago
If you sell on a Marketplace facilitator such as Amazon, as you know, they now collect and remit sales tax in over 47 Marketplace nexus states (includes D.C. and Alaska at the local level).  Missouri will add marketplace nexus by January 2022.  An updated whitepaper was produced in the recent MTC.gov meeting, making recommendations to […] The post Marketplace Facilitator Changes in 2022 appeared first on Complete Sales Tax Registrations | Nexus Analysis & Virtual Address Support ..read more
Visit website
Successor Liability Issues to Address Before Buying an Amazon Business
Sellers Sales Tax System Blog
by Scott Letourneau
3y ago
Why is successor liability essential, and what to know before you buy an Amazon business? When you purchase an Amazon business, many due diligence factors are to consider and evaluate to make sure you obtain the best return on your investment. An Amazon FBA business that is 2+ years or older is more susceptible to […] The post Successor Liability Issues to Address Before Buying an Amazon Business appeared first on Complete Sales Tax Registrations | Nexus Analysis & Virtual Address Support ..read more
Visit website
Nevada Amnesty Program Waives Penalty and Interest for Delinquent Taxes
Sellers Sales Tax System Blog
by Scott Letourneau
3y ago
Nevada Amnesty program will be on February 1st, 2021, and end  May 1st, 2021, for businesses to pay their delinquent tax and save on both penalties and interest. The 31st Special Session of the Nevada Legislature enacted Senate Bill 3, which provides a one-time tax amnesty program for businesses or individuals doing business in Nevada […] The post Nevada Amnesty Program Waives Penalty and Interest for Delinquent Taxes appeared first on Complete Sales Tax Services | Nexus Analysis, Permits, EIN, Address ..read more
Visit website
Amazon FBA Sellers Can’t Pull Inventory Reports Over 18 Months
Sellers Sales Tax System Blog
by Scott Letourneau
3y ago
Amazon FBA sellers cannot pull inventory reports beyond 18 months, which is creating an issue to learn their accurate nexus date. Unfortunately, the states are taking a different position, which will prove to be costly. Amazon FBA sellers who have been selling for 2-3 years and never registered for sales tax likely have a tax […] The post Amazon FBA Sellers Can’t Pull Inventory Reports Over 18 Months appeared first on Complete Sales Tax Services | Nexus Analysis, Permits, EIN, Address ..read more
Visit website
Marketplace Facilitator Changes in 2021
Sellers Sales Tax System Blog
by Scott Letourneau
3y ago
If you sell on a Marketplace facilitator such as Amazon, as you know, they now collect and remit sales tax in over 44 Marketplace nexus states (includes D.C. and Alaska at the local level).  Tennessee has enacted marketplace nexus legislation set for October 1st, 2020, to change the numbers to 45 states.  In the recent […] The post Marketplace Facilitator Changes in 2021 appeared first on Complete Sales Tax Services | Nexus Analysis, Permits, EIN, Address ..read more
Visit website
Virtual Address and Scanning Service Before Sales Tax Registration
Sellers Sales Tax System Blog
by
3y ago
Before you get registered for sales tax permits having a virtual address service to scan your mail will save you time, money, and frustration.  This is especially important for foreign e-commerce sellers selling on one of the major platforms, Amazon, Walmart, eBay, and U.S. sellers, who may get overwhelmed with mail after sales tax registrations. […] The post Virtual Address and Scanning Service Before Sales Tax Registration appeared first on My CMS ..read more
Visit website
Sales Tax on CBD Oil
Sellers Sales Tax System Blog
by Scott Letourneau
3y ago
The sale of hemp has grown dramatically over the last 12 months, and the popular CBD, which is a natural compound extracted from hemp. You will find over 3,000 listings on Amazon.com alone for CBD oil. The CBD products (most popular is oils) are recognized for potential health benefits. This sudden rise of these products […] The post Sales Tax on CBD Oil appeared first on My CMS ..read more
Visit website

Follow Sellers Sales Tax System Blog on FeedSpot

Continue with Google
Continue with Apple
OR