Latest Updates on Sales Tax Problems in Illinois

10/07/20 • 17 min

Michael J. Fleming is the founder and president of Sales Tax and More, a full service consulting and solutions firm with a passion for state tax. He is one of the country's leading authorities on sales tax issues such as consulting and research, registrations, returns, nexus, dropshipping, e-commerce, and service providers.

Michael is a renowned writer and speaker, and he regularly presents on webinars. He is also the host of the Sales Tax and More podcast, where he shares his wisdom and learnings to his audience in order to help them navigate the tricky world of taxes.

In this episode...

Since January 1, 2020, Illinois has required marketplace facilitators who cross the state's economic nexus thresholds to collect retailers’ use tax. However, this has caused serious problems for online sellers, as Amazon has a number of warehouses in the state. With this change, marketplace sellers were expected to pay the retailers’ taxes out of pocket.

Luckily, Illinois is in the process of making some updates to solve these sales tax problems for Amazon sellers. As of January 1, 2021, marketplaces will be required to collect retailers’ occupation tax, rather than marketplace sellers. But what does this mean for remote sellers outside of Illinois?

In this episode of Sales Tax and More, Michael J. Fleming is interviewed by his co-host Ellie Moffat about the sales tax problems in Illinois regarding marketplaces and Amazon sellers. Michael explains the cause of these problems, the current updates, and what the state has been doing to resolve the issues. Stay tuned.

In this episode...

Previous Episode

Taxability Of Software

In this episode...

When determining the taxability of software, there are a number of factors to look at. Most commonly, these include the medium of delivery, the state in question, and whether or not the software is going to be used 100% for business purposes.

For these reasons, it is important for businesses to stay on top of changes in taxability rules in their respective states. This is especially true when dealing with downloadable software or in cases where the software is used as a service. Luckily, Michael J. Fleming of Sales Tax and More is here to help.

In this episode of Sales Tax and More, Michael J. Fleming is interviewed by his co-host Ellie Moffat about whether or not software is taxable.

Michael shares the factors that determine taxability, what different states take into account, and how Sales Tax and More helps businesses handle the taxation of their software. Stay tuned.

Next Episode

Are Gifts and Donations to Charities Exempt from Sales Tax

In this episode...

The last quarter of the year is often characterised as a time of giving, with many businesses sending gifts and donations to different charities. However, what companies may not be aware of is that these charitable actions can create tax consequences.

So, what do these companies need to pay attention to in order to determine whether these acts of charity are exempt or taxable? Michael J. Fleming of Sales Tax and More has a few insights.

In this episode of Sales Tax and More, Michael J. Fleming is interviewed by his co-host Ellie Moffat about the tax implications of gifts and donations to charities. Michael explains the two main factors that determine the taxation of these charitable acts, and what different states take into consideration when approaching use tax exemptions. Stay tuned.