CA Governor Approves "VDA" for Companies who Received CDTFA letter By: Michael J. Fleming

The California Department of Tax and Fee Administration (CDTFA) received information from Amazon on 12/6/2018 detailing which third-party sellers had inventory in an Amazon warehouse in 2017.

Michael FlemingJuly 5, 2019

Sales Tax Creates Very Costly Mess for Janitorial Services Company By Michael J. Fleming

I received a call this week from a potential client that perfectly illustrates a number of the topics I want to cover in this blog. I have changed the states, the service provided and some of the facts, to protect those involved and to illustrate some of the dangers service providers and/or their customers face.

Michael FlemingJune 18, 2019

7 Sales Tax Myths That Can Harm Your Clients Who Provide Services. By Michael J. Fleming

Sales tax is my passion and I love what I do. Everyday I get to speak with companies and/or their CPAs and other advisors. Most CPAs and other accounting professionals I speak with have a firm grasp of the importance of sales tax, especially in a post Wayfair world.

Michael FlemingJune 17, 2019

Foreign Formed Entities Don’t need ITIN to Get EIN/FEIN By: Michael J. Fleming

We have been receiving quite a number of calls recently from owners of foreign formed entities or their advisors. These owners and their advisors are being told they have to get an individual tax identification number or ITIN in order to apply for an employer identification number (EIN) or as it is sometimes called a federal employer identification number (FEIN). We have even seen a few articles suggesting the same. This information is incorrect.

Michael FlemingJune 12, 2019

Amazon FBA sellers: Get Your Back Office Sorted -written by A2X Accounting

The old saying goes something like: ‘tidy home, tidy life’. The same can be said for business. It makes sense – regardless of whether you’re an online retailers or brick-and-mortar store, when you have tidy back offices

Michael FlemingMay 8, 2019

Can I Close My Sales Tax Account in California? By: Michael J. Fleming

On Monday, March 29th, the California Department of Tax and Fee Administration (CDTFA) sent out a “Special Notice” titled New Use Tax Collection Requirements for Remote Sellers and New District Use TaxCollection Requirements for All Retailers

Michael FlemingMay 3, 2019

Profit First: Using Bank Accounts Help Prepare for Sales Tax Liability By: Cyndi Thomason President, Bookskeep

Guest blogger Cyndi writes… One of the latest worries at the top of the list for ecommerce sellers is Sales Tax. Working with a professional service like Sales Tax and More can help you tackle that worry and get the registrations and filings in place.

Michael FlemingApril 17, 2019

A Growing Trend? No Transaction Thresholds for Sales Tax? - By Michael J Fleming

When the Wayfair case was decided by the US Supreme Court, the physical presence requirement for sales tax nexus was eliminated, paving the way for an economic nexus for sales tax. South Dakota, the state involved in the Wayfair case believed that a substantial nexus could be created simply by having sales intoSouth Dakota that exceeded $100,000 or 200 transactions.

Michael FlemingMarch 25, 2019

Has CA Treasurer Fiona MA gone far enough in her latest letter to Governor Newsom

While we agree with the current position taken by California Treasurer Fiona Ma in her letter to California Governor Gavin Newsom dated March 8, 2019, concerning relief to third-party Amazon sellers, we do not believe that she has gone far enough or accurately described how long CA has been pursuing FBA sellers.

Michael FlemingMarch 11, 2019

The State of WA Is Getting Trashy with Sellers About Litter Tax

We’ve received a number of calls recently from seller’s who have been contacted by the state of Washington for failing to register and pay the litter tax. The rate is only .00015 or .015 percent, but it can add up over time especially for large sellers.

Michael FlemingFebruary 1, 2019