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Sales Tax Issues for Online Retailers

Withum

The third reason for higher sales tax revenue was the Wayfair decision in which the Supreme Court expanded the physical nexus requirement to include economic nexus (e.g., South Dakota v. Also, many states are hiring more sales tax auditors to audit more companies and identify related vendors who may not comply with sales tax.

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TaxCloud Announces New Stripe Integration

PYMNTS

sales tax obligations via the company’s sales tax application programming interface (API). Since the Supreme Court issued its opinion in South Dakota v. Wayfair last year, many online retailers now have to collect sales tax in additional states.

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Nexus FAQs

Withum

Supreme Court interpreted sales tax nexus under the Commerce Clause as a minimal physical connection with a state; however, in South Dakota v. Where your company has employees, sales representatives, or solicitors of sales and services. Guidance around these products and services may not be clear and need to be analyzed.

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SMB Tax Complexity Preserves Role For The Human Accountant

PYMNTS

Ongoing regulatory changes and persistent uncertainty mean that that importance will continue even outside of tax season, with challenges that even the most automated of accounting software solutions cannot always tackle. ” However, it’s not just tax reform tripping up the small business accounting space.

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