Tuesday, April 23, 2013
Marketplace Fairness Act
The current law states that you must collect sales tax in states that you have offices or conduct business. For example, 3Gstore is in Illinois. Monthly we spend hours filing Illinois Sales Tax. We are a small company. If we are forced to collect sales tax for all states and all tax jurisdictions and file it monthly, it will be a tremendous burden on our business. For many small online resellers, this act could be fatal. We get it, the states are in trouble and they are looking for more revenue - but why is it my job to do this for every state. There are over 9000 tax jurisdictions, we have enough trouble dealing with one.
Continue reading at: Marketplace Fairness Act