• Money in the Hand
    Accounting,  Corporate Law,  Online Business

    The Effects Of Internet Sales Tax for Small Businesses

    The Internet has shrank the globe to the point that even the tiniest businesses can draw customers from every corner of the world. All you needed to have a successful online business was a reliable Internet connection, a Web site (or an eBay or Etsy store), a decent product, good marketing plan and a local post office. But the face of Internet marketing could be changing forever if legislation currently making its way through Congress requiring businesses to collect state and local taxes on Internet purchases is enacted. The United States Senate recently passed a bill that would require Internet retailers with more than $1 million in annual out-of-state sales…