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Don’t let Black Friday blind you to sales tax obligations

Online sales this season are not expected to increase as much as in previous years, but a healthy increase is anticipated (overall retail sales are expected to grow just 7% compared to 15.4% last year). Still, nearly half of consumers recently surveyed plan to participate in Black Friday (45%) and just over a third (37%) plan to shop on Cyber Monday. Overall eCommerce sales will still hit nearly $1.30 trillion in the U.S. this holiday season, compared with $1.21 trillion last year.

With this continued expansion of online sales, keep an eye on a few details related to your sale tax compliance: ..

Source: taxconnex.com

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