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Can an eCommerce platform alone manage sales tax?

TaxConnex

These thresholds vary state to state and change often, with Missouri being one of the latest to enact economic nexus. Usually all retail sales of tangible personal property (TPP) are taxable, but many states have started to tax services. All this data needs to come together to file the sales tax return. Taxability.

Sales 202
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Year-End State and Local Tax Planning Perspective

Withum

Resident Clients: Resident partners/shareholders participating in a PTET (elective or mandatory) may not receive a credit for taxes paid to another state on their resident state income tax return. Reach out to a member of Withum’s State and Local Tax Services Team for guidance as year-end approaches.