Ecommerce Industry News
Buyers who are exempt from paying state sales tax can now purchase items on eBay without being incorrectly charged tax. Word of this development comes not from an eBay announcement, but from a reader who […]
eBay began collecting sales tax from buyers located in certain states but has no way to accommodate buyers who are exempt from paying sales tax on their purchases – a problem that as we noted, […]
A reader forwarded us an Advisory Opinion from the New York State Department of Taxation and Finance on an issue of sales tax collection. The operator of an online marketplace for asked the state about […]
There is a lot to process in the first eBay Seller Update of 2019, and the company also revealed some hints of what is to come later this year. eBay announced the update on February […]
eBay has begun to collect sales tax from buyers located in certain states, including Washington, thanks to Marketplace Facilitator laws, and eBay included news relating to that development in its Early Seller Update last week. […]
Online marketplace Bonanza has partnered with TaxCloud so that its sellers can connect their stores to the fee-based online sales-tax compliance service. TaxCloud has made similar arrangements with Etsy and Shopify and is also available […]
Sellers are reporting discrepancies on Form 1099K tax forms received from Etsy, and since Etsy also sends the form to the IRS, sellers are asking whether it could flag an audit since it over-reports their […]
eBay warned Canadian sellers it had begun collecting sales tax on purchases made to buyers based in certain US states. eBay is following Marketplace Facilitator laws that require marketplaces to collect sales tax from buyers […]
Etsy has added to the list of states for which it collects sales tax under Marketplace Facilitator laws. For Etsy-only sellers, such laws can simplify compliance issues, but for multi-channel sellers, such laws add yet […]
Barbara Weltman is President of Big Ideas for Small Business, Inc., a source for tax, legal, and financial information specially developed for small businesses and independent entrepreneurs and is author of J.K. Lasser’s Small Business […]