Category: Sales Tax

tax reporting
Accounting

New Tax Reporting Rule Impacts Venmo, CashApp, and PayPal Users

Changes to the tax laws are nothing new. In fact, you can generally count on them with as much regularity as the change of seasons. Often, these changes are obscure, affecting different groups for different reasons. This year, one of the primary changes will impact millions, as it reflects a nearly universal increased use of third-party payment networks for business and day-to-day transactions.

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Bookkeeping

The Sales Tax Nexus Demystified

Once upon a time in the “good old days,” businesses did not have to worry about sales tax when selling online. E-commerce was a selling channel free from the compliance headaches of filing sales tax, way back when. Until the

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