This was previously published in Monitor Daily – check out the article now!

https://www.monitordaily.com/opinion-posts/sales-and-use-tax-for-leasing-not-as-simple-as-you-may-think/

*as previously posted on the Retailist – check out the article there - https://retailistmag.com/top-tips-to-prepare-for-an-ecommerce-audit/

Data shows that the likelihood of your business being audited is low, but that likelihood has been increasing in recent years. If you sell online across multiple states and have met economic thresholds or have a physical presence, you definitely don’t want to take that chance.

This article was originally featured in the Retailist on October 3rd, 2022.

This year the Commonwealth of Pennsylvania is joining a number of other states in the U.S. that have already defined economic nexus for its sales tax as it applies to online sellers.  

Approximately 58% of the 65,000 voting-aged residents of Beaufort County, South Carolina have approved a 1% sales tax rate hike within the county, which will go far in helping raise some much-needed funds to help the county take on new projects.  The first projects will be getting underway soon now that the funding is in place. 

The residents of Lee County are investing in their children and in their futures as they voted to approve a 1/2 cent sales tax increase.  These funds will go directly to schools to help pay for their ever-rising costs of educating the county's 84,000 students. 

Eleven cities in Los Angeles County saw voters approve an increase in sales tax rates during recent elections.  The election results mirror a trend in the state that has resulted in significantly higher sales tax rates over the past few years.

Topeka residents have voted to extend the city's 1/2% sales tax for another 10 years.  Residents cite the main reason for allowing the 1/2% sales tax to continue is in hopes of wrapping up ongoing road work in the coming years.  

Forsyth County, GA voters have overwhelmingly rejected the proposed sales tax increase that would raise sales taxes 1/4% with 68% of voters saying they are against the increase in tax.  The new sales tax was supposed to help pay for much needed new county courthouse facilities and the leftover money was going to be used to help improve the school system within the county. 

The state of Ohio broke new ground for cryptocurrency when it recently announced that businesses can pay taxes with Bitcoin. 

Redwood City, California will be asking voters for permission to increase the city's sales tax rate by another half of a cent today as residents hit the ballot boxes for Election Day.  The proposition will allow the city to raise their already rather-high sales taxes from 8.75% to 9.25%.  

Sales Tax From Restaurants Generate Huge Revenue for Waco

Nine new restaurants have opened their doors in Waco, Texas over the past year.  There are now 119 full-service eateries in the city.  That number is up from 110 in October of last year and 103 from October of 2013.  

Effective November 1, remote sellers including many online businesses are required to collect sales tax from their customers.  This means that shopping online is going to cost the average consumer a bit more money now than it did in the past.  This comes after the US Supreme Court ruling in June of this year in the case of South Dakota vs. Wayfair.

Residents of Grand Junction, Colorado, have been asking for a recreation center for years.  The city's leaders say they can have it -- but only if they approve a sales tax.  According to an article from KJCT8, the Grand Junction City Council recently voted to place the sales tax proposal on their next municipal ballot, next April.