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More Businesses Are Turning to Automation to Manage Tax on Purchases

CPA Practice

All 45 states that have sales tax also have use tax, and certain industries, like manufacturing, construction, and hospitality, often face greater risks of noncompliance because the use tax rules for these businesses are more complex and can vary from state to state.

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What ‘Patchwork’ eCommerce Taxes Mean For Black Friday – And Beyond

PYMNTS

Adobe has estimated that sales stretching from Thanksgiving to Cyber Monday should be worth as much as $29 billion. And in the wake of all those sales lies a pressing issue for merchants plying their trades online: figuring out the tax liabilities. States have been defining their parameters for economic nexuses.