Sales Tax Blog
16 Things You Should Do Now To Prepare for the Holiday Ecommerce Rush
It’s hard to believe that this year has flown by so fast, but it’s already September! The holidays are just around the corner, and with them, the holiday ecommerce boom. It’s time to prepare your business to make the most of the 2016 holiday shopping season. Although retail sales during the 2015 holiday season fell short of predictions, ecommerce sales still experienced significant growth over the previous year. Industry experts are expecting additional ecommerce growth for the coming holiday quarter, in spite of predictions that overall sales (including brick and mortar, as well as catalog) will be down. How do… Read More
Physical Presence Requirement Bill Could Upend Sales Tax Nexus Laws
The details of what constitutes a nexus and how to be sure a company is in compliance with sales tax laws have plagued ecommerce retailers over the last few years. However, a new bill was introduced to Congress last week that could overturn these regulations. Entitled the “No Regulation Without Representation Act of 2016,” H.R. 5893 redefines what constitutes a physical presence in any state. It will override existing nexus laws, and impact the ability of state and local governments to collect sales and use tax in these cases. Currently, each state defines its own standard of what constitutes a… Read More
Do You Pay Sales Tax on Water?
It’s July, and here in Florida, like many places, it’s HOT outside. Like, unbearably hot. It doesn’t take more than a few minutes outside before you start feeling thirsty. Try going for a bike ride or run, and about 5 minutes in, you’ll start actually fantasizing about a tall glass of ice cold H2O. Water is ubiquitous – we drink it, cook with it, bathe with it, swim in it. Water is one of the basic necessities of live. Without it, we would die. So would the rest of the planet. One would think that something so prominent, so NECESSARY, wouldn’t… Read More