Neglecting changing laws

Neglecting changing laws

Common Sales Tax Mistakes
Common Sales Tax Mistakes that Could Land an E-Commerce Company in Trouble With the Law: Collecting and remitting sales taxes is becoming more complicated than ever. Here are a few common snags that can land an e-commerce company in hot water: 1. Collecting sales tax from customers and not remitting it: This is similar to not paying your employee payroll taxes and it is considered a crime. If a company is collecting sales tax but not remitting it on time, or simply not remitting it at all, the state looks at this as theft. This is a criminal offense and could land the responsible party behind bars 2. Not collecting and remitting sales taxes in jurisdictions in which you have Nexus: Ignorance to the law is not an admissible excuse…
Read More
Not collecting and remitting sales taxes in jurisdictions in which you have Nexus

Not collecting and remitting sales taxes in jurisdictions in which you have Nexus

Common Sales Tax Mistakes
Common Sales Tax Mistakes that Could Land an E-Commerce Company in Trouble With the Law: Collecting and remitting sales taxes is becoming more complicated than ever. Here are a few common snags that can land an e-commerce company in hot water: 1. Collecting sales tax from customers and not remitting it: This is similar to not paying your employee payroll taxes and it is considered a crime. If a company is collecting sales tax but not remitting it on time, or simply not remitting it at all, the state looks at this as theft. This is a criminal offense and could land the responsible party behind bars 2. Not collecting and remitting sales taxes in jurisdictions in which you have Nexus: Ignorance to the law is not an admissible excuse…
Read More
Collecting sales tax from customers and not remitting it

Collecting sales tax from customers and not remitting it

Common Sales Tax Mistakes
Common Sales Tax Mistakes that Could Land an E-Commerce Company in Trouble With the Law: Collecting and remitting sales taxes is becoming more complicated than ever. Here are a few common snags that can land an e-commerce company in hot water: 1. Collecting sales tax from customers and not remitting it: This is similar to not paying your employee payroll taxes and it is considered a crime. If a company is collecting sales tax but not remitting it on time, or simply not remitting it at all, the state looks at this as theft. This is a criminal offense and could land the responsible party behind bars 2. Not collecting and remitting sales taxes in jurisdictions in which you have Nexus: Ignorance to the law is not an admissible excuse…
Read More