Deleted
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Post by Deleted on Jun 7, 2017 20:54:51 GMT
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Post by Deleted on Jun 7, 2017 21:04:46 GMT
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val2525
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Post by val2525 on Jun 7, 2017 22:09:30 GMT
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Post by allikat on Jun 7, 2017 22:59:52 GMT
We have a client in SC and for the last couple of years she has sent us a notice from Amazon that lists her purchases and what she should pay in SC sales tax on her return. Hers is the only one we have seen so I am not sure whether she is the only one providing it or it is only done in SC.
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Post by Deleted on Jun 8, 2017 4:17:00 GMT
Thanks for posting that, Val.
This: In other words, this law technically imposes a “reporting requirement” on online sellers, and not a “taxing requirement.” Why? Because compelling online sellers with no sales tax nexus in a state would be unconstitutional per the precedent set by Quill v. North Dakota back in 1992.
Will this apply to ebay? Or are they still insisting they're only a venue.
Allikat - I've never received a notice from Amazon. That's really interesting. I wonder if that was specific to her state.
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val2525
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Post by val2525 on Jun 8, 2017 4:23:55 GMT
The reporting requirement for CO applies to any site. It's based on sales volume and sales $ by buyer. I don't think they're enforcing it just yet, one of the articles mentions a temporary state level stay that was not affected by the Supreme Court case refusal.
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Post by somany on Jun 15, 2017 4:18:37 GMT
So if I'm reading this right, the Amazon law applies to sellers with more than $1 million in sales so I don't have to worry about collecting sales tax for other states, but I looked at Ohio's write-up, and I'm thinking I should be collecting sales tax for sales I make to others in Ohio. Do you guys collect sales tax for sales made in your state of residence to others residing in your state? I file my income taxes using my social security #, not as an S Corp or anything, but if I have to collect sales tax, I have to get a state ID #, right?
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Post by somany on Jun 15, 2017 4:20:23 GMT
Val, here's another source of income for you! You can set up business to interpret what each of our responsibilities are for collecting taxes. I'd be willing to pay for the help!
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val2525
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Post by val2525 on Jun 15, 2017 16:48:44 GMT
Nice thought, but no! The tax office I work at, we have to look stuff up and often use the references at the Avalara site. One client is in so many states that we're about to suggest to them that THEY contact Avalara directly about the sales tax issues. Too many states make it too complicated.
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Post by zoesam on Jun 15, 2017 17:33:54 GMT
So if I'm reading this right, the Amazon law applies to sellers with more than $1 million in sales so I don't have to worry about collecting sales tax for other states, but I looked at Ohio's write-up, and I'm thinking I should be collecting sales tax for sales I make to others in Ohio. Do you guys collect sales tax for sales made in your state of residence to others residing in your state? I file my income taxes using my social security #, not as an S Corp or anything, but if I have to collect sales tax, I have to get a state ID #, right? Yes. I always have, well once I set up with the state. I'm a sole proprietor too, not a corp. Each state is different on who you have to tax, there was another thread I'd posted in, I'm not sure where it went. Some states are origin based, some states are destination based & some states you have to tax on the districts you have in common with the buyer. You have to check what your state does. I live in a common district state & it can be very complicated b/c it also includes special districts, RTD's, etc. But many states offer classes at the public library so you can learn all the details. I'm in one of the most complicated states in the country, so I took both a basic & an advanced class. You may also need to be collecting city &/or county taxes for sales into those same districts. Again, it all depends on your state. Most are not as complicated as CO & WA. Honestly, I find it a huge hassle, since I usually sell about 15 items in my state. But, it's the law. If you're in an origin based state, I would think it would be even more work. I do all this work every year & I usually owe $10. Many states require quarterly pymts, mine only requires annual if it's under a certain amt & luckily I fall under that amount. ETA: Yes, I had to go to the state tax office & get an ID # etc. I had already taken the class b/c I knew it was the law & I wanted to avoid paying taxes on inventory (so there is a benefit) if your state taxes clothing.
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Post by zoesam on Jun 16, 2017 21:03:25 GMT
So if I'm reading this right, the Amazon law applies to sellers with more than $1 million in sales so I don't have to worry about collecting sales tax for other states, but I looked at Ohio's write-up, and I'm thinking I should be collecting sales tax for sales I make to others in Ohio. Do you guys collect sales tax for sales made in your state of residence to others residing in your state? I file my income taxes using my social security #, not as an S Corp or anything, but if I have to collect sales tax, I have to get a state ID #, right? Somany, you may get more answers if you start a separate thread, but considering how many times we've had threads abt the hassles of filing sales tax & questions about it, etc. I think the vast majority do.
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