January 26, 2012
The NYT reported on state efforts to collect sales tax on Internet sales. It reported the complaints of businesses about this practice including that of one business owner that:
“It’s not collecting sales tax that’s the hard part; paying taxes in the jurisdictions is an accounting nightmare.”
It would have been helpful to point out to readers that this is not true. There are companies that can do this for firms at a relatively low cost (similar to payroll companies). There is also low-cost software available to firms that would allow them to calculate the taxes themselves.
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