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Barbara Weltman

Big Ideas for Small Business, Inc.

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Marketplace Fairness Act of 2015

April 4, 2015 / By Hudson Fusion

A bill (S. 698) that would require online sellers to uniformly collect sales taxes is back before Congress (it’s failed to pass despite efforts in the past several years). The measure is largely favored by Main Street, which feels it is unfairly burdened with this tax collection versus online sellers. As in the past, it contains a “small seller exception” for businesses with annual “remote” sales in the prior year under $1 million. Chances of passage this time? Who knows?

Be sure to check the Featured Articles on my site – new topics added regularly! You’ll find a host of posts containing essential information about tax, finance, legal issues, and important business-related updates to help you in your business today.

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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