New York- Online Shoppers Will Soon Have to Pay Sales Tax in New York

A resolution included in this year’s state budget calls for the so-called marketplace provider tax, which takes effect in June. All online retailers will be required to collect sales taxes when customers in the Empire State make purchases – preventing Continue reading New York- Online Shoppers Will Soon Have to Pay Sales Tax in New York

New York – Online Sales Tax Expected to Net $540M Annually for New York

Online shoppers in New York will soon take a hit in their wallets under a new law that forces out-of-state retailers to collect sales tax from Empire State customers. The just-passed state budget includes a new online “marketplace provider” tax Continue reading New York – Online Sales Tax Expected to Net $540M Annually for New York

New York – New York Gets An Internet Sales Tax

A marketplace provider tax made it into New York’s $175.5 billion budget Among the line items in New York state’s $175.5 billion budget – the final details of which were agreed upon by leaders of the Assembly, state Senate and Gov. Andrew Cuomo Continue reading New York – New York Gets An Internet Sales Tax

New York – New York State Imposes Tax on Marketplace Providers

On March 31, the New York State Legislature and Gov. Andrew Cuomo signed a $175 billion budget, which, among other things, significantly changes the legal obligations regarding sales tax collection for “internet marketplace providers.” According to the New York Times, the budget Continue reading New York – New York State Imposes Tax on Marketplace Providers

New York – This New York Internet Sales Tax Would Hurt Small Businesses

In barely more than two decades, the ability to conduct routine commerce over the Internet has revolutionized how we shop and how we pay for what we buy. Online commerce also has restructured the physical side of retailing; you can Continue reading New York – This New York Internet Sales Tax Would Hurt Small Businesses

New York – State Issues Advisory Opinion On Monitoring Services Taxability

Advisory Opinion TSB-A-11(26)S – Petitioner asks whether it is required to collect sales tax on the receipts from the sale, lease, installation or repair of fire and burglar alarms, closed circuit television systems, and from the sale of monitoring services. Continue reading New York – State Issues Advisory Opinion On Monitoring Services Taxability

New York – State Issues Advisory Opinion Regarding Independent Software Vendors Nexus In An Online Marketplace

Advisory Opinion TSB-A-19(1)S answers the Petitioner’s question whether, as a result of operating an online marketplace in which it facilitates taxable sales by independent software vendors (ISVs), it qualifies as a vendor for sales tax purposes and what the consequences Continue reading New York – State Issues Advisory Opinion Regarding Independent Software Vendors Nexus In An Online Marketplace

New York – SALT Limit Is Hitting 11 Million Tax Returns, Audit Finds

WASHINGTON — President Trump’s decision to cap a popular tax break will hit 11 million filers this year, as they can no longer deduct more than $10,000 in state and local taxes from their federal income taxes. This cap on Continue reading New York – SALT Limit Is Hitting 11 Million Tax Returns, Audit Finds

New York – Speeding Up Potential Online Sales Tax Collections

The coffers of New York state and its counties could reap the benefits of online sales tax collections sooner than anticipated. The amendments introduced last week to the state budget would let collections on all internet sales begin in June Continue reading New York – Speeding Up Potential Online Sales Tax Collections

ENexus Thresholds February 21, 2019

ENexus Thresholds As Of February 21, 2019 Ref No. State Enforcement Date Dollars of Sales Number of Sales ENexus Threshold 1 TN 1/1/2017 $500,000 0 500/0 2 RI 8/1/2017 $100,000 200 100/200 3 MA 10/1/2017 $500,000 100 500/100 4 OH Continue reading ENexus Thresholds February 21, 2019