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It’s impossible for a small business to be entirely compliant. The best you can hope for is to be invisible. IMO it’s encumbent on the Fed to sweep all this aw
by zaroth 8y ago
It’s impossible for a small business to be entirely compliant. The best you can hope for is to be invisible.
IMO it’s encumbent on the Fed to sweep all this away under interstate commerce and make compliance as close to a fully automated process as possible.
- deleted 8y ago[deleted]
- gamblor956 8y agoIt's actually quite easy for a small business to be entirely compliant. Step 1: use a SALT SaaS provider that handles your sales tax collection at point-of-sale. Step 2: there is no Step 2. Seriously, there are a dozen providers that handle SALT POS taxes, including Amazon FBA and Shopify.
- compsciphd 8y agoits more complicated than that. such as sales tax holidays and classifying stuff you sell correctly. i.e. packaged food might have no sales in some states but what qualifies as tax free food can vary from state to state. to get this right, you have to make sure you are classifying everything in a very verbose manner that covers every single state.