How does the June 21, 2018 Supreme Court ruling of Wayfair v South Dakota impact sales tax nexus for e-commerce business owners?
How does the June 21, 2018 Supreme Court ruling of Wayfair v South Dakota impact sales tax nexus for e-commerce business owners?
“Hiring HPC over 4 years ago was one of the best decisions I’ve ever made, and has allowed me to grow my company. ” - Brennan Zelener, Owner of Newaya Recycling
There is a huge difference between a Xero Accountant Advisor and a Xero Bookkeeping Advisor company. Most of the business owners I speak with don’t realize there is a difference, and/or understand what a Xero Advisor can do for them as a whole. So let’s break this down.
A well-put article by Semantics3 inspired us to write this post. They pose some very interesting questions about the future of retail and e-commerce. There is no doubt that in today's age more and more entrepreneurs are able to take their ideas, and shortly thereafter, sell them all over the country and the world. This affects brick and mortar retailers, many of which are looking for alternative ways to grow and sell their products online.
The infrastructure is there combined with technology to help them decentralize their business, and rather than spending hundreds of thousands of dollars to open up locations, business owners can invest far less to get started. This is a great option, but in our experience it opens up a lot of questions and concerns as to how the business owner should expand, how it will affect their tax and compliance, and how they will appropriately track this new delineated flow of sales, costs, fulfillment, and the physical movement of their products.
