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Amazon Prime Customers Get A Better Deal On Books At Its Physical Stores

PYMNTS

According to a report , at the Amazon bookstore in Seattle’s University Village, Prime members can purchase books and items for the same price that the books and items sell for on Amazon.com. The store, which is aiming to open next year, will be located at the former location of Mystic Celt bar and restaurant, which was shut down.

Sales 55
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Amazon Opens New Book Store, More To Come

PYMNTS

While much has been made in the past few months about Amazon’s grocery store of the future, Amazon Go isn’t the online retailer’s only brick-and-mortar play — and a new move indicates that Amazon looks to continue expanding its physical retail presence outside of the grocery space. That’s not all.

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Retail Sales and Wages Grew in March

CPA Practice

March sales were up in six out of nine retail categories on a yearly basis, led by online sales, sporting goods stores and health and personal care stores, and up in five categories on a monthly basis. Sporting goods, hobby, music and book stores were up 0.86% month over month seasonally adjusted and up 8.33% year over year unadjusted.

Sales 105
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Does sales tax apply to memberships?

TaxConnex

Membership fees paid solely in consideration for admission to “discount” department stores, retail outlets and wholesale clubs are not subject to Massachusetts sales tax, for instance. The state socked Books-A-Million with a $242,076.97 Retail Again, this sales tax on this kind of membership varies greatly by state.

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Sales tax for subscription-based businesses

TaxConnex

Over the past few years, subscription box services, for instance, have exploded in popularity as buyers have signed up for regular delivery of everything from food, makeup, music, books, pet supplies, flowers, clothes and more. Regarding potential physical nexus , where are your offices and employees and where is your inventory stored?

Sales 147
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142 Million Americans Expected to Shop on Saturday Before Christmas: ‘Super Saturday’

CPA Practice

While most consumers still have plenty of shopping left to do, retailers are prepared both online and in stores with gifts, decorations and other items that people need to make this season fun and memorable.” “Traditionally, Super Saturday marks the final major shopping holiday of the year,” NRF President and CEO Matthew Shay said.

Retail 114
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Risks of Non-Compliance

TaxConnex

million penalty for failing to pay sales tax on air-inflation services, as well as for tax avoidance schemes by underreporting sales and paying workers off the books. SSVE and McCabe also evaded income taxes, employee withholding taxes and workers’ compensation payments by underreporting sales and paying workers off the books.

Alabama 186