As South Dakota v. Wayfair rolls on toward 6-years-old, states are still refining their economic nexus requirements. And it’s good news for many e-commerce sellers! Two states recently announced changes to which businesses have economic nexus. Indiana In effect...
Compliance
Do I have to pay Delaware franchise tax?
More than 60% of Fortune 500 companies are incorporated in Delaware. Smaller businesses often choose to incorporate there, too. Many cite the state’s business-friendly court system and the good reputation of Delaware corporations as a motivating factor. But the fact...
Minnesota Retail Delivery Fee Goes into Effect July 1st
Retailers making deliveries into Minnesota will have one more fee to contend with starting July 1, 2024. The new Minnesota Retail Delivery Fee (RDF) has the land of 10,000 lakes following in the footsteps of states such as Colorado by requiring retailers to collect a...
When to Charge Sales Tax on Online Classes
Online education was already popular in the early 2000s, but during the pandemic learning new things online really blew up. Maybe it was all the people who’d never had time to stop and smell the roses suddenly finding themselves homebound. People learned new skills,...
Sales Tax on Crowdfunding Campaigns, Explained
So you crowdfunded to make a new board game or short film or open up your new taco truck. Do you have to charge your crowdfunding backers sales tax? How does that work exactly? States are starting to solidify their guidance around crowdfunding and sales tax. Let’s...
Selling or Buying a Business? How to Handle Sales Tax During Due Diligence
When selling or purchasing a business, it is widely acknowledged that sales tax has become a critical due diligence checklist item over the last five (5) years especially with more and more scaling businesses being funded by venture capital / private equity investors....
US Sales Tax Guide for Non-US Based E-Commerce Retailers
When talking to non-US based sellers, we often hear, “My country has a tax treaty with the United States. We don’t have to worry about US tax.” This is true. For income tax. But sales tax is a whole other ball of wax. And international sellers are often caught...
10 Sales Tax New Year’s Resolutions for a Worry Free 2024
At HOST, we get it. There’s nothing fun about sales tax. Humans like good news and rewards. Handling sales tax provides none of that, except maybe the rewarding feeling of checking another dreaded task off your administrative to-do list. But what if you could know...
Navigating Sales Tax Audits: A Guide for E-commerce Businesses
Being hit with a sales tax audit notice can induce panic for e-commerce businesses. Yet these audits are becoming more common as states look to close tax gaps and ensure compliance. It doesn’t help that since the 2018 South Dakota v. Wayfair decision, sales tax nexus...
Voluntary Disclosure Agreements (VDAs): Sales Tax Compliance Tool for Online Retailers
Knowing where your business is supposed to collect sales tax is complicated. It became even more complicated after the 2018 South Dakota v. Wayfair decision that allowed states to implement economic nexus. At HOST, we’ve worked with e-commerce businesses for 25 years,...