2017 was a big year for sales and use tax, and 2018 promises to be even bigger. States will likely continue to creatively redefine physical presence nexus, impose use tax reporting requirements, and tax third-party (marketplace) sales. They’ll almost certainly have to adjust their sales tax laws if Congress succeeds in enacting federal tax reform. And 2018 could be the year the Supreme Court of the United States reconsiders Quill Corp. v. North Dakota, 504 U.S. 298 (1992), the seminal ruling that prohibits states from taxing remote businesses without an in-state presence.
If you think social media is just for teenagers, think again. More than half of those logging on to social media sites are in their mid-thirties or older.
Traditional media outlets such as newspapers, radio and television, have long served the purpose of delivering one-way messages, like your firm's advertising. Social media, by contrast, uses web-based platforms to not only deliver your message, but to allow the recipient to participate.
There’s a simple tax truth that direct sellers need to know.
You depend on your agents, or distributors, for growth. But your agents can give you the obligation to collect sales tax in multiple states, without even realizing they’re doing it.
Watch the video below to learn how this works and how best to handle it.