COVID-19 has triggered many brick-and-mortar entities to to either strengthen or create their online presence. This, in turn, has forced them to address sales tax complexities they didn't have to contend with when all sales were local.
It has long been the rule that a state cannot collect sales tax from a vendor that is selling products in that state, unless that vendor has a physical presence, called a nexus. However, on June 21, in a 5-4 decision, the Supreme Court swept away the nexus rule in South Dakota v. Wayfair, Inc., saying states could collect sales tax even if there is no physical presence.
How Do You Handle Sales Tax?
Collecting and remitting sales tax can be a daunting proposition, and when sales cross state lines, the task can become even more complicated. Here's how to get started on the right foot with a few simple steps.
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