Sales Tax on CBD Oil

The sale of hemp has grown dramatically over the last 12 months, and the popular CBD, which is a natural compound extracted from hemp. You will find over 3,000 listings on Amazon.com alone for CBD oil. The CBD products (most...

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Amazon Sales Tax Requirements for Third-Party Sellers

You may have read the online comments around the world about the relief that Amazon.com is finally collecting and remitting sales tax on behalf of third-party sellers in over 47 marketplace nexus states (which includes D.C. and Alaska, which...

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California Sales Tax Relief Available for those who Received the CDTFA Letter

California sales tax owed represents the largest liability for Amazon FBA sellers who had stock in California before October 1st, 2019, and are not registered. After speaking with California, don't expect any past liability to go...

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Shopify Sellers Sales Tax Responsibilities

Shopify seller's sales tax responsibilities have dramatically increased since June 2018, U.S. Supreme Court, Wayfair vs. South Dakota Decision. Shopify, unlike Amazon, Walmart, eBay, Etsy, is NOT considered a marketplace facilitator.  There are 47 states with marketplace nexus, where...

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Are States Auditing Amazon Sellers with Prior Nexus?

Amazon Sellers are relieved that several states collect and remit sales tax on behalf of third-party sellers but are still unsure if the states will be auditing Amazon sellers with prior nexus. Update: Florida, a recent marketplace facilitator state as...

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How to Close out Your Texas Franchise Tax Account

Learning how to close out your Texas Franchise Tax Account will save you on unnecessary late fees. Closing out your Texas franchise tax account is an important and separate step after you close your sales tax account. You will need...

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Are Remote Sellers Considered an In-State Seller or an Out-of-State Seller?

A remote seller must determine if you are an in-state or out-of-state seller before registering for sales tax. When you register for sales tax in all the states where you have nexus (physical or economic), you need to make...

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Avoid this Costly Mistake When Selling an Amazon Business

Selling an Amazon business, which is a growing trend, not only do you need to evaluate the items to maximize your deal but consider the major item that will kill a deal. Many new investors are looking to buy...

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