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Hot Topics: Taxability | TaxConnex

TaxConnex

For example, our recent “Hot Topics” webinar examined, among other topics, Michigan making separately stated installation charges exempt from sales tax effective April 26, 2023. The purchaser – not the retailer/business – has the responsibility for determining whether a sale is exempt from tax.

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Hot Topics: Sellers and marketplace facilitators | TaxConnex

TaxConnex

Generally, a marketplace facilitator is a business or organization that contracts with third parties to sell goods and services on its platform and facilitates retail sales. States seem to believe that marketplace facilitators – most of which are much larger than most retailers – constitute a rich source of tax revenue.

Iowa 204
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Hot Topics: Economic Nexus Thresholds and Reporting Requirements | TaxConnex

TaxConnex

A lot, spanning many hot topics – and if you can believe it, not all the news is bad. Physical nexus standards – such as having offices, staff or inventory in a state – had long mandated that retailers had to collect and remit a state’s sales tax. What’s the latest brewing today in sales tax? Take economic nexus thresholds.

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The Enigma of Drop Shipments for Sales Tax Purposes

TaxConnex

Sales tax is full of complexities, but there are certain topics that seem to cause more of a headache than others. Drop shipments are one of those topics. One challenge to understanding this topic is remembering that three parties are involved in a drop shipment. Who’s responsible for the tax?

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Sales Tax Issues for Online Retailers

Withum

This landmark decision attempted to level the playing field between brick-and-mortar and remote online retailers. . Thus, the state legislature that sets the rules for sales tax for online retailers at the state level is implementing them locally also. The post Sales Tax Issues for Online Retailers appeared first on Withum.

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But Who’s Counting? Season 2 Episode 11: Leadership Lessons on Conquering Adversity and Cultivating Company Culture with Eric Termansen of Western Retail Advisors

Anders CPA

Host Dave Hartley sits down with Eric Termansen, Founding Partner of Western Retail Advisors, on this episode of But Who’s Counting? Season 2 Episode 11: Leadership Lessons on Conquering Adversity and Cultivating Company Culture with Eric Termansen of Western Retail Advisors appeared first on Anders CPA.

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Retail Ecommerce Ventures Calculates Its Next Moves

PYMNTS

When speaking with Tai Lopez , the executive chairman of one of the more disruptive retail companies in the pandemic period, it could be expected that the conversation would center around one topic: retailing. But that hasn’t stopped the whisper machine surrounding the retail industry from doubting his methods or business model.

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