How are eCommerce Sellers affected by Sales Tax Penalties and Audits?
With the rise of eCommerce around the country, state governments are looking to increase regulation of the sector and recoup lost tax revenue by establishing new tax rules and using new technology of their own, like real-time reporting.
This ever-changing regulatory landscape is creating an increasingly complex environment for eCommerce businesses. Online sellers who don’t collect and remit sales tax where they have obligations run the risk of being audited, being slapped with hefty fines, or incurring interest on unpaid taxes.
Get the Guide to Sales Tax Penalties and Audit Risks for eCommerce Sellers and educate yourself about back taxes, penalties, interest and audit risks.