Category: Selling on Amazon
From the Seller Central Forums: We want to remind you to take care when you pack your pallets for your
It’s that time of the year. When the clock rolls over into a new year, and we collectively exchange an old pile of days for fresh, new ones, ready to take on our resolutions and self-prescribed challenges, something else happens.
Yearly IRS tax season starts. For Amazon sellers, that means receiving a 1099-K from the mothership and for new Amazon sellers, potentially wondering what it even means and why it’s important.
E-commerce business models are continually changing. New trends form, old ones fall away. For those selling on Amazon, these trends move even quicker and typically receive influence from changes in marketplace rules.
Collecting sales tax is a seemingly constant point of contention for sellers. Some states require all the tax handling to be done manually, some have laws that make it an almost automatic process, and the rest fall somewhere in between. As time passes, more states are requiring that marketplaces such as Amazon, eBay, Walmart, and others, collect sales tax for purchases made on the platform from 3rd-party sellers and remit those taxes to the states (called Marketplace Facilitator laws). In this post, we’ll cover all the states that will have this requirement as of January 1, 2020.
It’s that time of the year. Amazon starts making moves and shifting things around seemingly out of nowhere to sellers who aren’t fully tapped into the madness that is Amazon’s ever-changing policies. Here’s what you need to know about Amazon toy policies so you don’t get stuck this holiday season.
Here are all the new states Amazon will automatically collect and remit sales tax for starting October 1st
As states start to come around to the idea that the future is the Internet, we’re hitting a tipping point where the majority of them are placing the burden for collecting sales tax from marketplace sales on the marketplace operator instead of the seller. For Amazon, here’s the list of states joining the ranks on October 1st.
If there’s one thing we do regularly in the world of Amazon, it’s placing restock orders. Knowing the status of every order and confirming our partners (prep centers, etc.) have the information they need is critical.
It’s no secret by now that Amazon and FedEx have parted ways–first by dropping Express shipments for Amazon, then as a partnered carrier for inbound FBA shipments, and finally end-customer deliveries). A lot of folks still seem to think this is entirely Amazon’s fault (it’s easy to blame the behemoth). In reality, FedEx should shoulder a lot of the blame in FedEx no longer being an option for customer deliveries, express deliveries, and (often cheaper) inbound-to-warehouse shipments for 3rd-party sellers.
Updated: August 27, 2019
As e-commerce business owners, it’s important to ensure we’re properly registered with states in which we do business. Getting the proper sales tax permit is a critical step, especially when it comes time to purchase product.
This is a list of links to registration sites for every state that collects sales tax. Most of these sites are also good for establishing a sales tax account for remitting sales tax collected from customers, too.
To the surprise of no one, taking care of sales tax responsibilities as an Amazon business owner is a lot harder than it should be. Forty-five states require tax collection, and each has their way of going about it. Services like TaxJar and Avalara aim to make that more accessible, but there’s a program not often talked about (because it cuts into their revenue–I’ll explain why in a bit) called Streamlined Sales Tax.