Introduced in the House last month, this bill would limit a state’s ability to collect sales tax on online sales only to sellers with a physical presence within the state. The bill calls for a clearinghouse to collect sales tax and distribute it to the states. For states participating in the clearinghouse, there would be a single sales tax rate set by the state where the consumer is located. For example, a seller in Florida would collect from a buyer in New York the single rate for New York. If the state is not in the clearinghouse, then the seller would use his/her state’s rate.
Barbara Weltman
Big Ideas for Small Business, Inc.
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It's important to take care of ourselves and take steps to nourish ourselves--body, mind and soul. We may have to do this in different and creative ways now that many of us are staying at home. It's still important that we take time for ourselves. #selfcare #Health