Thursday, June 20, 2013

The Marketplace Fairness Act: a headache for small business owners | The Daily Caller

The Marketplace Fairness Act: a headache for small business owners | The Daily Caller: "Each of this country’s 10,000 different taxing jurisdictions has its own laws for applying sales tax to all sorts of goods"

"within the same zip code, even on the same street, different tax rates can apply"

"the [free] software will only provide me with rates, not product categories, and it will do nothing to help lift the time-and-money burden of submitting up to 600 tax returns per year."

"I’d have to upgrade to the Sage 100 platform in order to automate my sales tax calculations"
"my shopping cart isn’t compatible with their program and would have to be modified"
"I’d have to change my entire sales software and strategy because no multi-channel cart solutions are currently supported by their software."
"I’d also have to categorize all of my products to be readable by the software."


"clothing might be exempt, depending on the price" "sports bras are tax exempt, but sports shorts aren’t. A sewing button is exempt but a scrapbooking button isn’t. That same sewing button isn’t exempt if it’s included in a sewing kit. Yarn is exempt unless it could be used to make a rug. Thread is exempt, unless it’s sold with a needle."

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