Avalara released their mid-year update on 2018 sales tax changes. 2018 has proven to be a big year for tax changes. For example, the ruling of the U.S. Supreme Court in South Dakota v. Wayfair, Inc. which upended the long-standing precedent that companies need physical presence in a state before they’re required to collect and remit sales tax.
In their mid-year update, Avalara covers:
Remote sellers on the hook for sales tax
Will the SCOTUS ruling prompt Congress to (finally) intervene?
What about consumer use tax reporting?
Tax amnesty programs in key states
States bolster efforts to tax marketplace sales
“As we enter the second half of 2018, we’re sure to see many states get on board with economic nexus, as remote sellers grapple with a major shift in their compliance obligations. But that’s not all that’s fluctuating in the world of sales tax. We’re also seeing a lot of changes for marketplace sellers and service providers, not to mention a bevy of rate and taxability changes.” Download Avalara’s mid-year update to learn more >
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Avalara helps businesses of all sizes get tax compliance right. In partnership with leading ERP, accounting, ecommerce and other financial management system providers, Avalara delivers cloud-based compliance solutions for various transaction taxes, including sales and use, VAT, excise, communications, and other indirect tax types. Headquartered in Seattle, Avalara has offices across the U.S. and around the world in the U.K., Belgium, Brazil, and India.
We work tirelessly with Sage Intacct Marketplace Partners to bring you educational-based product information to help maximize your Sage Intacct environment. Please note that this is in no way an endorsement or solicitation of Avalara. They are several of the marketplace solutions that integrate with Sage Intacct. For a full listing of solutions, please visit the Sage Intacct Marketplace.