Economic Nexus Laws

Hitting Economic Nexus Thresholds? You May Have Established Physical Nexus Years Ago.

Economic Nexus has been the talk of the sales tax town ever since the 2018 South Dakota vs Supreme Court (Wayfair) Decision. What we have found is that Physical Nexus often goes overlooked. Physical nexus was established decades ago and still remains relevant. What we see happening is businesses are hitting economic nexus thresholds but had physical nexus years ago and should have registered for sales tax back then. Today we talk about just that.

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3 Years Later: What Has Happened Since the Wayfair vs South Dakota Supreme Court Decision?

It has been 3 years since the Wayfair Vs South Dakota decision was made in the Supreme Court. Since then states have been rushing to implement economic nexus and marketplace facilitator tax laws to capture sales tax revenue from remote sellers. Today I invited Paul Johnson our VP of Operations to talk about Missouri finalizing their economic nexus and marketplace facilitator tax laws and other changes states have made over the last few years.

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Worried You May Meet Economic Nexus Thresholds This Holiday Season? Here is What You Need To Do.

This Holiday season will probably set a new record of online sales. Not only is online sales just rising in popularity but, this global pandemic is still raging and demanding that we stay home whenever possible. This may put a lot of online sellers over the economic nexus thresholds requiring them to get registered to collect and remit sales tax. I’m sure that many will have enough stress trying to match the demand that their business commands and sales tax won’t even be on their radar. That’s why here at Peisner Johnson we want to take the sales tax stress off your mind and give you the piece of mind you need.

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Tennessee Changes Their Economic Nexus Thresholds

Sales tax is like a suspenseful thriller. Whenever you think you can predict what will happen a new twist appears and you are back to the edge of your seat. I invited Paul Johnson back to today’s podcast because he is always at the edge of his seat when it comes to sales tax. He is always up to date with the ever changing sales tax laws and is very knowledgeable. Come listen in as we discuss Tennessee’s changes and what you need to do next.

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Wednesday’s Nexus Tip #1

Today’s tip is all about economic nexus and physical nexus and deciding which applies to you. I frequently get questions around the lines of, “now that economic nexus is a thing do I need to even consider checking whether or not I have physical nexus?” Short answer “HECK YES IT DOES!”

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What You Should Be Doing To Examine Your Sales Tax Footprint For 2020

2018 was a big year for sales tax. No one could have predicted that sales tax would have gone all the way to the supreme court. 2019 Saw some unprecedented amount of sales tax changes. We now have two separate forms of nexus, physical and economic, to worry about. I can’t and won’t try to predict what will happen in 2020 but I want to give you a few things to look at going into the new year to help you to determine your sales tax footprint and get you going in the right direction for 2020.

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Are You Ready for the Economic Nexus Laws Taking Effect October 1, 2019?

New economic nexus laws are coming into effect on October 1, 2019. Is your business or your clients ready to meet these changes head-on? Are you even sure of the challenges you might be facing? There are a half dozen states enacting new laws, and on today’s episode, I want to make sure that you know which states those are. Even if you are unsure what nexus is or what the decision between South Dakota and Wayfair was about, this podcast will help you decide what to do next or how to contact someone that will be able to help.

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Nexus and Taxability of Using Print on Demand Services

I have had many questions in regards to using print-on-demand services. Here is the scenario: You are selling custom t-shirts, mugs, cups, etc. Once an item is ordered, the supplier creates the item and drop ships it on your behalf. So, today I want to talk about how this can affect you and your business and what steps you need to take if any.

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Just When You Thought You Were Up to Speed with the New Economic Nexus Laws, States Start Changing Them Up….

It has been over a year now that the South Dakota v Wayfair Supreme Court decision has been issued and almost all of the states now have economic nexus laws on their books. Most of these laws have become effective over the last year. You may be thinking to yourself that everything is probably calming down and you have less to keep track of. Think again! Many states have already changed their laws, some changes may benefit you, but most benefit the state! Find out today some of the significant changes and how they affect you.

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Not Every Amnesty Program is Created Equal

After the US Supreme Court’s decision on Wayfair a lot of states were quick to enact economic nexus laws to capitalize on the potential sales tax revenue from remote sellers. Along with these new economic nexus laws some states have also introduced some amnesty programs to provide some incentive for remote businesses to voluntarily register in their states. Not all amnesty programs provide true amnesty. Listen in as Jason and Dan discuss the different available programs and whether or not they are worth taking advantage of.

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