Recent Posts

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Lucky for me, I don't hit the threshold in any particular state to have to file/collect sales tax. So as of right now, I'm only collecting for my home state of Ohio.
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* Amazon Central / Re: Dogs of Amazon
« Last post by Southern Jewel's Fab Finds on November 06, 2018, 10:34:01 AM »
added:
I have begun deleting the pages which show 'Dogs of Amazon.'
Just makes sense.
I trust Amazon to keep it's catalog pages in order and if they can't then I have to do what's best to keep my seller account/dashboard/inventory/count as up to date as possible.
I don't want to waste my time because Amazon isn't doing anything about these pages.
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2 dead after Amazon building collapses at warehouse facility in Baltimore

We experienced severe storms and a TORNADO alert in my area Friday.
A TORNADO. IN Florida.

There was some horrible weather out on that day.

Sending deepest sympathies to those that lost a loved one.
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* Amazon Central / Amazon Plans to Split HQ2 in Two Locations
« Last post by Southern Jewel's Fab Finds on November 06, 2018, 09:37:30 AM »
Amazon Plans to Split HQ2 in Two Locations

After conducting a yearlong search for a second home, Amazon has switched gears and is now finalizing plans to have a total of 50,000 employees in two locations, according to people familiar with the decision-making process.

The company is nearing a deal to move to the Long Island City neighborhood of Queens, according to two of the people briefed on the discussions. Amazon is also close to a deal to move to the Crystal City area of Arlington, Va., a Washington suburb, one of the people said.

To meet its own deadlines, Amazon will need to move fast. It had said it wanted 500,000 square feet of office space — enough for thousands of employees — available for use next year.


***There is chatter on the world wide web of Amazon into Canada, also.
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Amazon just upped the ante in the race for free holiday shipping

Amazon upped the ante by expanding free shipping to all customers through the holidays, with no minimum purchase required. The retail and tech giant is also offering Prime Members free same-day delivery on more than 3 million items. Prime members, who pay $119 a year for the service, already receive free two-day shipping with no minimum purchase necessary.


The battle is real between Amazon, WalMart and Target.
Oh yes, it is.
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Nope.
Not sure.
Just googling...alot.
I have brought this up to my accountant.
He is on it, so I'm not as worked up about this as I normally am.

Just ran a 'quasi' report on the taxes I've collected via my main selling venue/Amazon.
The amount is so small. So very small.

I will be checking in with accountant before end of year and this is one of the items I need to make sure I pull reports for or not.


Thanks for input, Steve.
By all appearances, this is going to be a mess.
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* Amazon Central / Re: Dogs of Amazon
« Last post by Southern Jewel's Fab Finds on November 06, 2018, 09:25:18 AM »
I've had one fixed.
After months of bumping my ticket.
The rest I said the hell with it and moved them to another venue.

Now, the amount of suppressed in my dashboard...SKY HIGH!
Every time I sign in...more are added.
I've taken care of all but 2 that just won't 'take' for some reason.


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Won't the 1099-K throw a wrench into the theory?
Paypal, credit card processors, Amazon Pay, Apple Pay, etc are required to report earnings/payments of 200 AND $20,000.00.
I say Paypal because if it's an option on a website, I'll normally use that or Apple Pay.
So, I would think there wouldn't be a way around this.

Am I wrong?

There is no way around it for the state that you are in. Minnesota has no right to my federal tax income, so it would not have the 1099K information.

As far as PayPal and other credit card processors reporting to each state how many sales it has processed for each company, are you sure about that? I only thought that the information reported on the 1099K went to the federal government and not to each and every state with the company's business information.
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* Amazon Central / Re: Dogs of Amazon
« Last post by uncleleroy on November 03, 2018, 03:10:17 AM »
There is a thread currently in the forums dealing with that very issue. As of right now, there are 305 posts. It's been an ongoing issue for quite some time and nobody at Amazon seems to know (or care to know) how to fix it.
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(Standard not an attorney nor an accountant disclaimer)

The 1099K goes to fed govt, and that data carried over to state(s) where you file income tax, so they'll have a clue, but other states won't.

That being said, imho it would still depend on the state income tax ppl talking to the state sales tax ppl, which doesnt always happen.  In Okla, they have been comparing notes for at least a few years now, but with mixed results.

For example, a person who works in sales tax division warned me that if I report zero sales on sales tax report, without showing all my sales first and deducting the non-oklahoma ones as non-taxable sales (with explanation that they were out of state) , that it could trigger an audit (because of total sales on sales tax report not matching total sales on income tax) and that she had seen that very thing happen more than once.  However, I've done this very thing and no audit. I suspect that such things change based on who is running things that year, that enforcement procedures and what to focus on is an administrative decision.

Another one I've seen pop up, as a result of two divisions sharing info, my mother sold an oil lease to another party and it included all equipment on site.  After filing paperwork with corporation commission (the agency in okla that overseas oil and gas wells) she got a demand for payment of sales tax from the tax commission. So, different agencies within the state can and do sometimes share data. But, again, I dont see state and fed sharing data unless you were filing income tax with both.
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