As we enter 2025, businesses and consumers alike should prepare for new changes to sales tax laws. Staying informed about these updates is critical to maintaining compliance and ensuring smooth operations. Here’s a quick overview of what to expect and how you can adapt. Key Changes in Sales Tax for 2025 New Tax Rates Several…
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…
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…
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…
Understanding sales tax laws can be complex and overwhelming. With frequent changes and varying regulations from state to state, it’s easy to feel lost. Whether you’re a business owner trying to comply with new rules or a consumer planning significant purchase, getting expert advice can make all the difference. Sales tax laws vary widely across…
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…
Colorado’s sales and use tax regulations landscape is undergoing significant shifts, mainly concerning economic nexus provisions and the role of home rule municipalities. Colorado state and local sales taxes, the implementation of sales and use tax simplification programs, and the response of self-collecting home rule municipalities, particularly in light of the Colorado Municipal League’s Model…
Sales Tax registrations are crucial for your business’s compliance and growth. Sales Tax is a government-imposed levy on the sale of goods and, in many cases, services—the funds collected from sales tax support public services and projects. Why Do You Need to Register for Sales Tax? Legal Compliance: Registering for sales tax is often a…
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…
