3 Important Sales Tax Predictions to Watch for in 2020

The world of sales tax has changed a lot in the past year. Following the Supreme Court’s Wayfair decision, 2019 was the year most states began requiring businesses to collect and remit sales tax, and then began making marketplace facilitators (such as Amazon or eBay) responsible for collecting and remitting the taxes on sales that…

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How the Recent Supreme Court Wayfair Decision Affects Small Business

The Wayfair Case In 1992, the Supreme Court, in a case referred to as “Quill,” ruled that the lack of substantial physical presence in a state is sufficient grounds to exempt a business from having to collect and remit sales or sellers use taxes to a state. This precedent protected small business from “burdensome” administrative…

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How to Handle Sales Tax

If you sell goods or services, you may have to collect sales tax from buyers or clients. But determining the amount to collect isn’t always easy. Each taxing authority sets its own rates and rules for when sales tax applies. Here’s a quick guide to how to handle sales tax for your business. When Do…

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Internet Sales and South Dakota vs. Wayfair Inc.

On June 21, 2018, in a highly anticipated ruling, the U.S. Supreme Court ruled 5-4 in favor of overturning its 1992 decision in Quill, which set a standard requiring substantial physical presence before a state could enforce the sales tax collection responsibilities on a seller. In the current case, South Dakota v. Wayfair, Inc., writing for the…

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The Truth About SaaS and Economic Nexus: 5 Myths Exposed

There are a lot of misconceptions when it comes to SaaS and economic nexus, especially following last year’s Wayfair decision. Although these technology companies generally aren’t selling a tangible product across state lines, many state online sales tax laws are written in a way that make these businesses liable for collecting and remitting state sales tax. Are you…

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Online Sales Tax and SaaS Companies: What You Need to Know

Although the Wayfair online sales tax ruling doesn’t relate specifically to SaaS, states are enacting laws that make it easier to create nexus, which means all companies—including SaaS—need to be more diligent in determining whether they’re subject to taxes in various states. What exactly do SaaS companies need to know about Wayfair, the online sales tax debate, and how it may…

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4 Ways the Wayfair Tax Affects Retailers

When the Supreme Court decided in June 2018 that states could now require online retailers and other remote sellers to collect sales tax from customers, even if the retailer didn’t have a presence in that state, it was big news. Commonly called the “Wayfair Tax,” the legal ability for states to force online retailers to…

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A Guide to the Wayfair Tax

In June 2018, the U.S. Supreme Court ruled on a case that will affect many online retailers across the nation. Previously, states were prevented from requiring that online and other remote sellers collect sales tax unless the seller had a physical presence in that state. The decision in the new case, South Dakota v. Wayfair, changed…

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Georgia: New Sales Tax Compliance Requirements for Online Retailers

Georgia will require online retailers to file sales tax compliance returns beginning January 1, 2019, if their annual Georgia revenues exceed $250,000 or if they have more than 200 separate retail transactions within the state per calendar year. As an alternative to collecting Georgia sales tax from its customers and filing sales tax compliance returns,…

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