What Increased Ecommerce Means For Online Retailers

While the world has been dealing with the impacts of the COVID-19 pandemic, online retailers have been dealing with an additional issue: the tax implications of increased ecommerce.

As a result of stay-at-home orders, social distancing and health concerns, consumers have turned to online retailers for their shopping. Many of these retailers have seen huge spikes in business, which proved to be a well-timed life preserver as the economic effects of the pandemic took hold last year.

However, in the long term, this jump in sales has created additional tax liabilities and headaches for small retailers that were unprepared to handle it.

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