Since the U.S. Supreme Court ruling in the South Dakota v. Wayfair case, all states with sales tax laws now require companies with economic nexus to collect and remit sales tax. This landmark decision has affected businesses across all industries, but what exactly does it mean for you? In this episode we cover:
The history of sales tax nexus
The difference between gross receipts vs. Taxable sales
Determining where nexus exists for your business
Economic nexus vs. Physical nexus
Which of your products/services are taxable
How to register as a seller in states where you have nexus
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