Selling ill-gotten goods online is never a wise decision, and attempting to hide the proceeds from the IRS only compounds matters. The government says a company executive assistant bought unauthorized supplies from Staples and charged it to her employer, “intentionally Read more
Merchants are fighting back against Kentucky’s price-gouging crackdown amid the coronavirus pandemic. The Online Merchants Guild (OMG) sued the Commonwealth on Friday claiming its price-control statutes are unconstitutional when applied to online merchants who offer items for sale in the Read more
Tax solutions provider Avalara published a guide to tax relief measures governments are taking in response to COVID-19, which it promises to update on a daily basis. A spokesperson said governments are grappling with how to combat the economic impact Read more
On April 1, 2020, marketplace facilitators, such as eBay and Etsy will now be responsible for collecting and remitting Georgia sales and use tax, according to Charles Maniace, Vice President of Regulatory Analysis at Sovos, which offers tax-compliance services. eBay Read more
State sales tax laws are proving to be a burden to small sellers, according to testimony provided to members of a Congressional subcommittee. On March 3rd, the Committee on Small Business Subcommittee on Economic Growth, Tax, and Capital Access held Read more
Online marketplace Bonanza updated sellers about changes it’s making to sales tax collection. It’s using third-party service TaxCloud to comply with Marketplace Facilitator laws passed by numerous states around the country. “Many states have added Marketplace Facilitator Provisions to their Read more
Fake goods are entering the country, and the government is planning harsher methods to deal with the problem, according to CNBC. Referring to a report published by the US Department of Homeland Security (DHS) on Friday, CNBC said it gives Read more
eBay will begin collecting sales tax for four additional states: Hawaii, Illinois, Wisconsin, and Michigan. eBay said, “Regardless of your physical location, if you sell to buyers in certain states, those states may require you to collect applicable taxes on Read more
Last year, the Tax Cut and Jobs Act went into effect on January 1st. While there’s nothing as major on the books for 2020, there are some important changes online sellers should be aware of, especially those who are self-employed. Read more
Sellers and platforms that use Stripe to process payments can now access TaxCloud through a new integration, helping merchants comply with sales tax requirements. Press release follows: Today TaxCloud, a leading online sales tax compliance service for online retailers, announced Read more
