Running your Shopify store is exciting; you’re building a brand, making sales, and connecting with customers all over the country (and maybe even the world). But one thing that trips up many small business owners? Sales Tax. How Shopify Helps Shopify has built-in tools to help calculate and collect sales tax. You can: Set up…
As of January 1, 2025, Alaska officially removed its 200-transaction threshold for economic nexus, joining a growing list of states making similar moves. This brings the total number of states that have eliminated their transaction threshold to 14—and the trend is far from over. New Jersey is the latest state to consider such a change,…
If you’re using Pinterest to promote and sell your products, you’re tapping into a powerhouse for visual marketing. But while your boards and pins might be driving traffic and sales, are you fully prepared for the sales tax implications of your growing business? Understanding Sales Tax on Pinterest Pinterest doesn’t manage sales or handle transactions—it…
The holiday season is here, and with it comes the excitement of finding the perfect gifts for loved ones. But for business owners, it also means staying on top of sales tax obligations during the busiest time of the year. Holiday shopping often means increased sales, which can impact your tax liability. If your business…
Sales tax compliance is becoming increasingly complex for software and tech companies. As software transitions from tangible products to cloud-based services, understanding the nuances of sales tax can be challenging for many tech industry businesses. A critical first step is determining whether your company has a “nexus” in a particular state. Nexus refers to a…
Registering to Collect and Remit Sales Tax: Where to Begin Once you’ve identified where you have sales tax obligations, it’s time to register with each state to start collecting and remitting sales tax. Here’s how to get started: Obtain a Sales Tax Permit Before collecting sales tax, you must register for a sales tax permit…
With the rapid rise of social commerce, platforms like TikTok are no longer just for viral dances and trending challenges—they’re also major players in e-commerce. The launch of TikTok Shop has made it easier than ever for brands and creators to sell products directly within the app. However, as convenient as this may be, it…
Six years ago, the U.S. Supreme Court’s ruling in South Dakota v. Wayfair, Inc. revolutionized the e-commerce landscape by allowing states to mandate sales tax collection from out-of-state sellers based on economic presence rather than physical presence. This decision overruled the 1992 Quill Corp. v. North Dakota precedent, ushering in a new era for state…
Five years have passed since the groundbreaking Wayfair decision by the Supreme Court, which opened the doors for states to demand remote sellers to collect and remit sales tax. Initially hailed as a revenue boon for states, the aftermath has brought various challenges and revisions to the original framework. The evolution of transaction thresholds and…
Nexus Sales Tax laws require out-of-state businesses to record, collect, and remit taxes on taxable sales to customers in the state. A business must still follow the rules, even without a physical presence in the state. The laws are based on the company’s financial activities, such as the number of sales made or the number…
