Now that you’ve caught your breath after the busy holiday season, I’m sure you’ve been reflecting on how things went with your October through December sales.
The State Sales Tax Rules Have Changed for eCommerce
The recent case before the U.S. Supreme Court was South Dakota v. Wayfair, Inc., et al. in which the State of South Dakota was seeking to collect sales tax from all online transactions, even for businesses without a physical presence in the state. Prior U.S. Supreme Court decisions in 1967 and 1992 only allowed such taxes to be collected on sales from businesses with a physical presence in a given state.