Sales Tax for Online Business (Yes or No?)

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Do you need to collect sales tax for your online business, specifically for your digital products?
In today's video I review the 4 main situations you may fall into, as well as what to do if you live and work in a state with no sales tax at all, such at New Hampshire, Oregon, Montana, Alaska or Delaware.
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#salestax #digitalproducts #hawthornlaw

Опубликовано:

14 сен 2021

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Комментарии : 24

@jimhart 2 года назад

Here is a link to the checklist referenced in the video... hawthorn-law.ck.page/6a06c3e356

@1106gary 6 месяцев назад

This doesn't work any more.

@mariekastleman1817 Год назад

I feel like you didn't address the most common scenario which is that someone is selling digital products across the whole US (or the world for that matter) from a state that collects sales taxes on digital products. For example, I'm in Utah and I want to sell digital products via etsy or another platform to anyone and everyone that has access to that platform.

@bethp.9009 Год назад

I was looking for that information as well. I actually found the answer under Kate Hayes RU-vid channel "How taxes work for Etsy sellers (etsy finances explained.

@RayaFlora Год назад

Tons of valuable information, thank you so much. It helped me a lot.

@sunnybluesand2730 Год назад

Loved the animations Jim :)

@DejaDrewit Год назад

Some customers dont even put their address when buying a digital product since it requires no shipping. So i’d have no idea even where that customer is...

@jimhart Год назад

That’s why it is incumbent on the business owner to ask for that info at checkout

@sirisaacsmith9513 Год назад

Do the same rules apply to services instead of products?

@1106gary 6 месяцев назад

CA doesn't not sales tax "shipping and handling" only the tangible product, but try pointing that out to a on line vendor who also has stores in CA.

@gn2650 Год назад

What if a non resident alien sales digital products?

@itzmaryaunaa1224 2 года назад

Is there away I can get in contact with you about llc

@excitedsolutions1255 2 года назад

Are “sales taxes” and “use taxes” the same thing? I thought in some states “use taxes” were put in place to capture “catalog sales” out of state (before the internet) and subsequently that unless a state has sales tax for digital products specifically that most of digital sales falls under the “use tax” rules.

@jimhart 2 года назад

Not really. Generally speaking, sales tax is collected by the seller and sent to the state taxing authority. Use tax is paid by the consumer of products that they did not pay sales tax on, but should have. So let's say you buy a car in Delaware where there is no sales tax, but you live in a state where there is sales tax on cars. When you register the car in your state, the state will require you to pay use tax on the vehicle before you can register it.

@excitedsolutions1255 2 года назад

@@jimhart thanks for the clarification and example - much appreciated!

@MilenaHirkala Год назад

i only want to see online course in EU, do i have to pay taxes? no employees

@crystalcalendars142 Год назад

I heard that an attorney offering consultation online does NOT pay sales tax. If so, those small individual sellers should not pay sales tax as well. Just because those small sellers are not as "educated" or/and "organized" by some form of union as an attorney/nurses..., they should not be taken advantage of and put on layers of layers of burden.

@GoldDiggersTV 11 месяцев назад

Hi Jim, I live in Europe and majority of my sales happen all over USA (no idea about state). In July i made 1700$ in sales maybe 800$-1000$ came from US. I got automated message from Stripe that i exceeded tax threshold (probably in US) and i need to collect tax now. Any advice on where can i start?

@jimhart 11 месяцев назад

Feel free to schedule a call and we can discuss. I'm not sure. It could be tied to the fact that you live in Europe and are responsible for VAT. hawthornlaw.net/consult

@connieabbott8736 Год назад

It sounds far too complicated to keep up with and continue doing all the other jobs an entrepreneur has...but there are remedies: there are plugins you can get for websites; Shopify and Etsy do some of the heavy lifting; if you do an internet search for these things and use strategic terms in doing so, you'll find some automated remedies that may work for you.

@jimhart Год назад

ultimately you are responsible, not the plug in.