The issue of collecting and remitting sales tax for internet vendors continues to be a big one with more states enacting legislation that establishes “click-through nexus.” Entities (including artists!) that sell goods online may be required to collect and remit sales tax to states where customers reside based on this definition of nexus.
Read more in the article, “Trends in Sales and Use Tax for Remote Sellers” in the AICPA’s Tax Advisor.
Get money tips sent to your inbox by subscribing to our email newsletter:
You don’t have to do this alone. Arts & Numbers is a comprehensive financial guide for creative individuals… and anyone else with a passion for something other than accounting and finance. This book aims to provide basic information on finance and financial matters for creative entrepreneurs to take ownership of their financial situations, thus ensuring their long-term success, creative and otherwise.
Written in short story form with fictional anecdotes supporting the financial advice, Arts & Numbers promises to be an easy and useful read for creative entrepreneurs at any stage.
Check it Out