No matter what kind of small business you run, access to funds is likely the major impediment you face when it comes to your ability to grow. Whether you need that money for marketing, product development, purchasing real estate, or any other purpose, there are a number of avenues to explore that can enable you…
No matter what type of business your run, getting things done as efficiently as possible is essential to smooth functioning and your ability to grow. It can also be a seemingly-unmanageable challenge as you find yourself continually with more tasks to accomplish than you have hours in a day. Fortunately, there are quite a few…
Each state is a little different in terms of the way it handles sales tax, and this includes the determination of whether or not shipping charges are taxable. The following is a state-by-state breakdown of the taxability of shipping, handling and any other charges associated with the delivery of taxable items shipped to the purchaser….
When you’re just beginning with a startup, you’re always trying to maximize often meager resources to get off the ground. For a while, growth will come quickly, but once you reach a certain point, you’ll have to start modifying your approach in order to maintain that growth and scale your business appropriately. 1. Networking and…
Whether you’re just starting out in the ecommerce marketplace or you have a well-established shop, there’s always room to grow your startup’s revenue, and there are many tactics you can utilize to help you do just that. Whether you’re trying to cut down on abandoned shopping carts or you want to increase the average order…
As technology evolves, there emerge more and more situations that our current sales tax laws were just not designed to deal with. Selling remotely over the internet is one of these, and when that selling involves digital products like apps, the issue of how and when to apply sales tax becomes even more complicated. That’s…
The battle between states and online retailers about when they are responsible for collecting and remitting sales tax to individual states took a new turn recently, as Amazon added Hawaii, Idaho, Maine and New Mexico to the list of states it collects sales tax in. This brings its total to 45 states plus the District…
On November 6, 2012, voters in Colorado and Washington passed amendments that made them the first states in the country to legalize marijuana for recreational use. This statute went into effect in January of 2014 in Colorado, and since then, several other states have followed their lead. One major benefit of the legalization of marijuana…
Since the enactment of most state sales tax laws in the middle of the 20th century, the economies in these states have grown and evolved considerably. It used to be that the sale of tangible goods from brick-and-mortar stores made up a bulk of the economic activity across the country, and so sales tax laws…
Living anywhere in the United States means paying all sorts of taxes, from income tax to sales tax, and indeed, the struggle for US independence began largely because of a dispute over taxes levied on colonists by the British government. Taxes play an important role in the functioning of our society, of course, as they…