Is your state prepared to tax internet sellers?
Probably not, but that’s not stopping any of them from rushing to the feed trough. Ever since internet sellers sucked all their sales tax out-of-state, States have been strapped for cash. This promises to be the solution, but it may be rocky going for a couple of years.
If you are a merchant who is looking at more taxes, give us a call. We can help.
ps://taxfoundation.org/colorado-online-sales-tax-collection-starting-november-1/
Colorado announces online #SalesTax collection starting Nov. 1.
But, the state isn’t ready: tax.foundation/2xx8DsF
It’s also unclear if CO intends to collect both state and local taxes, which means separate tax bases: that would go beyond what was permissible in #SDvWayfair.
bizztrategy @ Ellis CPA 