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Messages - WayOutWest

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1
* General Discussions / Original Woot.com
« on: April 17, 2019, 05:30:49 AM »
Woot.com was the land of 1 item a day at a discount price, then Amazon bought it and made it into a dumping ground for stuff they can't sell, with several items a day, but nothing special.

For those that miss the old woot.com, the guys that built it have launched a new site, meh.com  :D!

This may be old news to some, but I don't get out much and just found it. If you knew already, why didn't you tell me?
2
Amazon sent out a follow up email that lists which states they'll be collecting tax on the selling fees and fba fees.  From the email:

• Amazon is required to collect taxes on Selling on Amazon fees in Connecticut, the District of Columbia, Hawaii, South Dakota or West Virginia, based on each state’s tax rates. Selling on Amazon Fees include the Referral Fee, Subscription Fee, Variable Closing Fee, Per-item Fee, Promotion & Merchandising Fee, Refund Commission Fee, Checkout by Amazon, and Sales Tax Collection Fee. For example, if your business is located in West Virginia, and your sales tax rate is 6.39%, and you sell an item with a total price of $20, which is subject to a 15% referral fee, we will collect and remit a sales tax of $0.19 to comply with state laws (calculated as 6.39% of the referral fee amount of $3.00). If your business is located outside Connecticut, the District of Columbia, Hawaii, South Dakota or West Virginia, we will not collect sales tax on the Selling on Amazon fee you pay.

• Amazon is required to collect taxes on FBA Prep Services in Arizona, Connecticut, Illinois or West Virginia, based on each state’s tax rates. FBA inventory prep fees include the Labelling Fee, Polybagging Fee, Bubblewrap Fee, Taping Fee, and Opaque Bagging Fee. For example, if you decide to use FBA Prep Service to bubble wrap your products, and the service is performed at a fulfillment center in Arizona, and the sales tax rate at that location is 8.37%, and the bubble wrap fee is $0.80/unit, we will collect and remit a sales tax of $0.07 to comply with state laws (calculated as 8.37% of the bubble wrap fee amount of $0.80/unit). If the service is performed at a fulfillment center outside Arizona, Connecticut, Illinois or West Virginia, we will not collect sales tax on the FBA Inventory Prep fees you pay.
3
* Amazon Central / Re: Action Required email from Amazon
« on: April 15, 2019, 04:38:58 AM »
^ Ha!  Sounds like another typical day of bots gone wild at Amazon Smh.   I can't help but wonder how many bed bug proof mattress covers, pillow covers, etc. got flagged
4
* Everything eBay / Re: New PayPal Policy Regarding Fees and Refunds
« on: April 15, 2019, 04:36:02 AM »
Yeah, ebay has started their own payment system, but I haven't shopped there enough lately to even see it.
5
Oklahoma doesn't have sales tax on services, so I *might* not be hit by it.  We have tax on tangible goods, so Amazon *might* decide that FBA prep qualifies.  Under Okla law it's supposed to depend on if the fees for the supplies (such as the cost of the poly bag and cost of sticker) are separated out from the labor portion of fee or not, but it really comes down to Amazon's interpretation of it.  :/

A few years back our state legislators *almost* passed a bill that would have taxed services, but there was so much backlash they backed off at the last minute.  It would have meant sales tax on basically everything: haircuts, accounting services, doctor visits, surgeries, etc.  Smh

Hope nobody else here is affected by it.
6
* Everything eBay / Re: New PayPal Policy Regarding Fees and Refunds
« on: April 08, 2019, 02:16:49 PM »
 :laugh  Ain't that the truth  :rotfl
8
* Everything eBay / New PayPal Policy Regarding Fees and Refunds
« on: April 05, 2019, 05:23:51 PM »
Effective May 7th, 2019

"We're changing how we treat refunds. If you refund (partially or fully) a transaction to a buyer or a donation to a donor, there are no fees to make the refund, but the fees you originally paid as the seller will not be returned to you."

In other words, the 2.9% fee from the original transaction will no longer be refunded (as well as the original 30¢, which they've always kept).

See full notification about this and other changes at: https://www.paypal.com/us/webapps/mpp/ua/upcoming-policies-full

From what I've seen, several eBay sellers are already talking about jumping ship because of this.

9
* Amazon Central / Re: Amazon launches house brand of cosmetics
« on: March 31, 2019, 12:23:40 AM »
I was wondering about their pricing. It seemed way overpriced to me, but a lot of cosmetic products are way overpriced, imho.
10
* Amazon Central / Amazon launches house brand of cosmetics
« on: March 25, 2019, 04:14:44 AM »
Amazon enters yet another retail segment by launching their own house brand of cosmetics, Belei.

Belei features a dozen items including a charcoal balancing mask ($18), a dark spot solution serum ($22) and a vitamin C moisturizer ($35).

Read more at: https://www.marketwatch.com/amp/story/guid/B991568C-4BDC-11E9-B53C-75269884C3CF
11
Agreed. Imho, they've simply changed their methodology of enforcing essentially the same thing.
12
* General Discussions / Re: This forum closes on March 4th, 2019
« on: March 24, 2019, 03:06:59 AM »
Sorry that I let it lapse for a little bit.  Got crazy busy at show in Houston.  :(   On plus side, we had best year ever at the show (whereas many vendors we know had worst year ever).
13
Am Amazon Prime cargo plane just crashed while approaching its destination of Bush Intercontinental Airport in Houston, killing all 3 crew members aboard.

At the time of the crash, visibility was over 10 miles; high winds from the edge of a storm front are believed to have caused the crash.
This is a developing story.  Read more at https://weather.com/news/news/2019-02-23-amazon-cargo-plane-crash-houston-trinity-bay
14
* General Discussions / Merry Christmas!
« on: December 26, 2018, 12:47:18 AM »
Merry Christmas!   Hope everyone is having a great (and prosperous) one!

15
* Amazon Central / Re: Christmas Craziness
« on: November 29, 2018, 06:35:00 PM »
Have  great Christmas!   Glad to hear sales are doing well :)

16
Wow!  Sounds like they got hit with same sort of weather phenomenon (an intense downdraft known as a microburst) that did this to a ferris wheel awhile back (12 yrs ago) in Tulsa   :-(   Thankfully nobody was on the ride at the time



link to news article that discusses the phenomenon back when it happened: http://www.nbcnews.com/id/13187936/ns/weather/t/hurricane-force-storm-hits-tulsa/#.W_nwaTHatdg
17
(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.
18
I was just reading about this on Minnesota's tax dept website.  They do have a small seller exception. The tax collection requirement doesn't kick in until you ship 100 orders to Minnesota OR you have 10 or more sales that total $100,000 in more that are shipped to Minnesota.

MN tax dept link

If Amazon is doing it for us, okay, fine. As for personal sites and such, though, most mom & pop online sellers don't have to worry (yet).
19
* Amazon Central / Re: Amazon Seller Forums
« on: August 22, 2018, 09:51:23 AM »
Similar things at shows. Sales are slumping because midterm elections and all of the sky is falling ads on tv. Yet, some vendors are perplexed as to why sales are in a slump. Happens every time, like clockwork.
20
* E-commerce In The News / Re: Supreme Court Ruling Affects eSellers
« on: August 20, 2018, 09:13:35 AM »
New Hampshire is preparing to fight the supreme court decision.  :o

From the article, ". . . Scully and Edwards are relying on a host of state and federal constitutional provisions, starting with New Hampshire’s Bill of Rights. Article 12 protects New Hampshire residents from having property taken without their consent, and says that no residents are “controllable by any other laws than those to which they, or their representative body, have given their consent.”

Article 7, meanwhile, makes that more clear: “The people of this State have the sole and exclusive right of governing themselves as a free, sovereign, and independent State.”

Then there’s the U.S. Constitution, whose Interstate Commerce Clause and Privileges and Immunities Clause bolster their argument, they say.

And the lawmakers have a separate argument, one they think could flip the issue on its head. Their legislation would emphasize that when out-of-staters buy from sellers whose physical presence lies in the Granite State, any time a buyer goes online they are effectively traveling – virtually – to New Hampshire. Through that lens, all transactions from with New Hampshire businesses are exempt from sales taxes, as if the buyers had driven across the border themselves."

Full article at: https://www.concordmonitor.com/Capital-Beat-Wanted-A-Plan-B-for-online-sales-tax-legislation-19519059
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