We provide you the Antidote for all your tax calculation headaches on Volusion
If you are finding it challenging to calculate sales tax for various products through different states, we have you covered. We have collaborated with all primary tax service providers in the United States like TaxJar, TaxCloud, and Avalara to provide you a hassle-free automated tax calculation process. Now you can focus on your sales and revenue, while we seamlessly manage your taxation in the back-end.
The recent Supreme Court verdict on South Dakota vs. Wayfair Inc. has ruled in favor of the states levying taxes for online sales, whether you have a physical presence in the state or not. This means that every order that you receive online from any part of the United States deems you liable to pay a tax cut. The tedious tax process can leave you lost in a sea of paperwork, missed due dates and countless follow-ups. In reality, you will end up spending most of your time drowning in housekeeping work than selling your product. But not to worry! Vitina is there to help you!
Virtina has the privilege of being a Premier Expert for Volusion by providing impeccable development services to our clients. We deliver highly efficient Volusion stores to businesses and help them thrive and sell better, without being worried about the code and integration of tools.
The court rejected the clause defined in the Quill Corporation v. North Dakota lawsuit. Henceforth the state government can levy excise duty and sales tax from online retailers.
In some cases yes, and in some other cases no. It mostly depends on the state and the retailer you chose to shop. Till date, smaller retailers were not collecting sales tax, but some of the e-commerce giants were!
No. The tax rate may vary with state, zip code, product category and many other parameters.
Online sales must create a “substantial nexus” even though the platform lacks a “physical presence” in the State. Majority of the bigger retailers like amazon.com already collect sales tax, but smaller retailers were carrying out transactions without tax collection. When retailers lose the advantage of “tax-free” sales, customers have to pay a hefty price for products.
Online shopping won’t be tax-free anymore. The consumer should ensure that the seller has included tax for the said product. If the tax is not included for the product, customers should remit it to the state revenue department.
This rule will hit Small businesses hard. Small companies who expect access to a national market, will be poorly affected by the new law at various business stages. The competition with brick and mortar stores will be tighter as online stores have to charge tax on items.
The tax filing due date depends on the assigned filing intervals and state’s due dates.
When you register for sales tax permit, you will be intimated the filing frequency. In most states, sales tax filing frequency depends on the quantity of sales tax you collect from the consumers of the state. Filing and remitting sales tax vests upon state’s decision. The filing can be monthly, bimonthly, quarterly, or semi-annually, as assigned by State.