In June of 2018, the Supreme Court ruled that even if an online business does not have a nexus (physical presence) in a state, the state can require online retailers to collect and remit sales taxes.
This ruling has far-reaching implications for any business selling products online. While the rules are changing day by day, CPA Brad Whitten of Pikes Peak Financial Group explains how the new sales tax collection rules may apply to you.
Update November 29, 2021 – List of Safe Harbor Thresholds By State.
Related resources discussed in the video:
Additional tax-related information located at Tax Foundation
InCorp is a Register Agent that covers all 50 states
TaxJar is a low-cost automated sales tax collection tool that integrates with most eCommerce solutions
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