Ecommerce Industry News
If you were one of the 1,500 New Yorkers who reported price gouging of Lysol products to the state’s Attorney General during the pandemic, expect to receive a $10 reimbursement check. The New York Attorney […]
TaxCloud has a new owner and a new CEO. Equity firm Camber Partners led a $20 million growth equity round in the company, it announced on Monday. With over 4,000 ecommerce customers, TaxCloud’s platform helps […]
The IRS has tweaked a question that all taxpayers must answer on their tax return in April for tax year 2022, and it’s especially important for online sellers (and collectors) to be prepared so they […]
The IRS gave payment processors a reprieve, announcing on Friday: “third-party settlement organizations will not be required to report tax year 2022 transactions on a Form 1099-K to the IRS or the payee for the […]
Congress has 43 days to act to protect casual online sellers and microbusinesses from “unfair tax and privacy burdens,” according to a coalition of online marketplaces. The countdown clock appears on 1099kfairness.org, the website of […]
Ecommerce platform Shopify launched a tool to help merchants manage their sales-tax collection obligations – and the company said it was just the beginning. Its long-term goal is to build a complete end-to-end sales-tax solution […]
In what seemed like a routine email titled, “View updates to your PayPal account,” PayPal informed an online seller he had passed the threshold for reporting payments to the IRS, notifying him that according to […]
California’s Attorney General filed a lawsuit in Superior Court in San Francisco against Amazon on September 14 alleging it stifled competition and caused increased prices through “anticompetitive contracting practices.” The timing of the filing coincided […]
What do you do if you fear IRS scrutiny for selling items you inherited? Tax guru and small-business expert Barbara Weltman, founder of Big Ideas for Small Business, Inc., delved into this issue for those […]
A court ruled in favor of Amazon sellers on Friday concerning a dispute over their obligation to pay Pennsylvania state sales tax simply because they used Amazon’s FBA fulfillment service, resulting in some of their […]