Florida Sales Tax
The Sharing Economy and Sales Tax Nexus: A Peer-to-Peer Business Problem
Sales tax nexus is just the more recent issue plaguing peer-to-peer platforms, which have been struggling with tax issues since their inception. June 2018 added a new problem to the mix, when the Supreme Court held in South Dakota vs. Wayfair that states could require businesses to collect and remit sales tax when certain economic…
Read MoreHow do you get a Sales Tax ID Number?
Now more than ever, businesses are finding that they need to obtain sales tax ID numbers in the states in which they are doing business. But how, exactly, do businesses go about getting a sales tax ID? Since the Supreme Court of the United States held in South Dakota vs. Wayfair that states could require businesses…
Read MoreHow to Register your Online Business for Sales Tax
You need to register to pay sales tax with multiple states, but how do you get started? Like many online retailers, you may have discovered the sales tax laws you were familiar with were turned on their head in June 2018 when the landmark decision, South Dakota vs. Wayfair, came down from the Supreme Court…
Read MoreWhen to Register for a Sales Tax Permit
Businesses that know they need to register for sales and use tax may be dragging their feet in deciding when to go through with it. Between June 2018 and April 2019, many businesses have gone from being registered only in the states they are physically located in to needing to register in many states across…
Read MoreI have nexus. What next?
Once business owners realize they have sales tax nexus, it is important to understand the registration options that come next. You may have done your research when you first heard about the recent Supreme Court case South Dakota vs. Wayfair that changed United States sales tax law forever. First, you may have looked into what…
Read MoreThree More States Propose Economic Nexus Legislation
In the growing trend to collect more sales tax, states have turned to economic nexus and marketplace facilitator statutes over the past year. Following the U.S. Supreme Court’s Wayfair decision, which overturned the prior physical presence nexus requirement, states have enacted laws that force companies to collect tax in their state based on sales alone. The most…
Read MoreFlorida New Economic Legislation Bill
Each week, more states continue to propose and/or adopt new legislation in response to the South Dakota v Wayfair US Supreme Court holding on June 21, 2018. Of the larger states, Florida has remained mysteriously silent on whether it would follow the economic nexus legislation produced by South Dakota and repeated by dozens of other…
Read MoreNew Voluntary Disclosure Opportunities for Remote Businesses in the Wake of Wayfair
The Florida Department of Revenue has had a voluntary disclosure program for years. The program allows for a three year look-back period for which the taxpayer would pay any taxes owed with no penalty. Florida even offers a modified version for taxpayers who collected tax and failed to remit it. However, in these cases a…
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