TaxConnex

MAY 14, 2024

jurisdictions also involves dealing with sales tax. Responsibility to pay sales tax is based on a variety of factors, such as where the seller and buyer reside and the nature of the product being sold (some items qualify for sales tax exemptions ). On a marketplace platform, who has responsibility for the sales tax?

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Sales South Carolina Tax Rhode Island 228

TaxConnex

JULY 8, 2021

Many states use sales tax holidays to waive or reduce sales tax on various items. Location, location, location is the rule when it comes to sales tax holidays. The holidays may only cover state sales tax but not local sales taxes, as in South Carolina (which, like other states, has no price cap on eligible items).

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TaxConnex

JANUARY 11, 2022

It’s one of the most important aspects of an online business – and one of the wackiest when trying to determine whether sales tax applies or not. In the winter, e-commerce jumped 96% year-to-year from 2020 to 2021. But as most things in sales tax, this isn’t always the case, it depends on the situation and jurisdiction.

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Sales Rhode Island South Dakota Tax 180

xendoo

MARCH 21, 2022

Then there are the complicated tax matters that arise when you sell across state lines. Accounting professionals then use that information to file taxes and generate reports that help you understand the past and plan for the future. Set up business accounts and tax information. This is the good news and the bad news.

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