50 tagged with "Sales Tax"
Sales tax compliance, nexus rules, filing requirements, and tax automation for businesses
Sales Returns, Allowances, and Contra-Revenue Accounting: How to Record Refunds Without Inflating Your Gross Margin
A walkthrough of how to record sales returns, allowances, and discounts as contra-revenue accounts under ASC 606, including the refund liability journal entries, sales tax reversal, and the gross-margin effects most small businesses miss.
Why Your Website's Chat Box Could Trigger State Income Tax in 20 States: PL 86-272 in the Internet Economy
Public Law 86-272 once shielded out-of-state sellers from state income tax, but the MTC's 2021 revised statement now treats chat widgets, post-sale support, and analytics cookies as immunity-breaking activities — and California, New York, New Jersey, Oregon, and Minnesota have signed on.
Sales Tax Economic Nexus After Wayfair: A Compliance Guide for Online Sellers
A 2026 guide to U.S. sales tax economic nexus — how the $100,000 threshold works after Wayfair, which states still count transactions, how marketplace facilitator laws affect your nexus math, and what to do when you should have registered months ago.
Sales Tax on SaaS, Streaming, and Digital Goods in 2026: A State-by-State Compliance Survival Guide for Software Vendors
By 2026, sales tax on SaaS and digital goods splits into three legal routes—tangible property, taxable service, or nontaxable intangible—plus a true-object test that turns on customer intent. This guide covers the 2026 Illinois, Maine, and D.C. changes, economic nexus thresholds, and when a voluntary disclosure agreement beats direct registration.
Drop Shipping Sales Tax in 2026: Three-Party Transactions, Resale Certificates, and Marketplace Facilitators
Drop shipping treats one shipment as two sales for tax purposes, and depending on nexus, resale certificate rules, and marketplace facilitator laws, an ecommerce operator can owe tax in states they never set foot in. A 2026 field guide to who actually collects, the ten strict resale states, and the nexus thresholds — including transaction-trigger drops — that decide your exposure.
Marketplace Facilitator Laws in 2026: Why Amazon, Etsy, and Shopify Sellers Still Owe Sales Tax Filings
Marketplaces like Amazon, Etsy, and Shopify collect sales tax for you, but registration, zero returns, and economic nexus tracking are still your responsibility. A 2026 compliance routine for multi-channel sellers, with state thresholds and the six mistakes that trigger penalties.
Small Business Taxes 2026: A Complete Obligations Guide for New Business Owners
A 2026 walkthrough of every small business tax obligation—federal income, self-employment, payroll, sales, and excise—with the full filing calendar, quarterly estimated tax safe harbors, OBBBA-era changes (permanent QBI, $1.21M Section 179, restored 100% bonus depreciation), and the recordkeeping habits that prevent penalties.
The Sales Tax Deduction in 2026: How the New $40,000 SALT Cap Could Save You Thousands
For 2026 the SALT cap rises to $40,000, reviving the sales tax deduction for homeowners and big-ticket buyers. Choose between sales tax and state income tax on Schedule A, use the IRS optional tables, and stack actual tax paid on vehicles, boats, or renovation materials on top of the table amount.
Doing Business in Wyoming: The 2026 Tax and Compliance Guide
A 2026 operating guide to Wyoming business taxes and compliance—4% sales tax with a $100,000 economic nexus threshold, the anniversary-month annual report, registered agent rules, and the federal layer that catches foreign-owned LLCs.
Sales Tax Basics: A Small Business Compliance Guide for Multi-State Sellers
A 2026 guide to sales tax compliance for small businesses selling across state lines — how nexus works after Wayfair, which states repealed the 200-transaction rule, and a seven-step sequence to collect, file, and remit across 45 states without triggering audits.
Merchant of Record Explained: When You Should Stop Being the Seller
A Merchant of Record is the legal seller for your SaaS — handling sales tax, VAT, chargebacks, and PCI compliance in exchange for 4–8% per transaction. Here is when the math favors switching, how it compares to a payment processor, and how to pick a provider in 2026.
The Wayfair Law Explained: How Economic Nexus Changed Sales Tax for Online Sellers
Since the 2018 South Dakota v. Wayfair ruling, 46 states can require out-of-state sellers to collect sales tax once they cross economic nexus thresholds — typically $100,000 in annual sales. This guide covers 2026 thresholds, marketplace facilitator rules, and a seven-step compliance playbook.