Cyber Monday shoppers in many states should be ready to pay taxes

November 26, 2018

While shoppers will spend more this Cyber Monday on the hottest electronics and toys, many will also shell out more in taxes thanks to a recent Supreme Court ruling.

“[If] you were taking advantage of online shopping as a means of potentially avoiding having to pay sales taxes on their purchases, depending on where you live you may find that is no longer the case since the Wayfair [Supreme Court] decision,” said Chuck Maniace, director of regulatory analysis at Wilmington-based Sovos, a tax compliance software provider... [read more on Yahoo! Finance]

 

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