Monday, June 25, 2018

Small online businesses brace for tax ruling impact

Boston Business Journal
Small- and medium-sized online retailers with limited accounting capacity could face the biggest challenge meeting new state tax collection mandates as they struggle to comply with requirements in multiple jurisdictions.

In a ruling Thursday, the U.S. Supreme Court found that states can make retailers collect sales taxes on online sales even if they don't have a physical presence in the state, but did not specify what the collection threshold will be.. . . more