Level 7

How the New Supreme Court Ruling on Sales Tax for Internet Sales May Affect QuickBooks

Did everyone see the Supreme Court ruling today on internet sales?

They sided with the big box retailers. 

 

Quickbooks may have to expand the item limit of 14,500 to handle all the new sales tax items we will have to create if we sell out of our domicile state. You don’t need to have a physical presence in the state to collect sales tax. 

 

Its really going to hurt small businesses.