By the end of 2024, over 30 sales tax holidays took place across 20 states, offering shoppers temporary tax breaks on items such as school supplies, clothing and appliances. These events are designed to drive consumer spending and boost retailers’ bottom lines, but for many small and medium-sized businesses (SMBs), they're more of a burden…
Scott Peterson
As the coronavirus (COVID-19) continues to spread globally, governments worldwide are trying to figure out the best way to bolster the slowing economy. To date, most countries across Asia, including China, Japan, South Korea, and more, are implementing value-added tax (VAT) cuts and tax relief on specific industries and products. Beyond Asia, we're also seeing…
For online retailers, few issues are as confusing and cumbersome as understanding sales tax obligations in various states. Most companies either try to find an automated solution or stick their heads in the sand and hope for the best. In the face of this complexity, the Supreme Court recently agreed to hear South Dakota v.…