Do You Need to Collect Sales Tax in Other States?
Question: I have sales in several states. Do I have to collect sales tax in states other than my own?
Answer: Sales tax has always been a complicated issue, and it was made infinitely more complicated by the Supreme Court ruling in South Dakota v. Wayfair in 2018. The decision means that you must collect, file and remit sales taxes in states if your sales reach certain thresholds, such as number of transactions or dollar volume in a state, even if you don’t have an office or presence in that state. This becomes difficult and expensive on many levels.
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Harriet Gatter, owner of Accounting Support LLC, was an ad specialty distributor for 23 years and an adjunct professor of accounting at Neumann University. She sold her ad specialty business in 2012, became certified as a QuickBooks ProAdvisor, and now works exclusively with ad specialty distributors nationwide on their QuickBooks, order management and accounting needs.
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