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In-State NY Associates May Make You Liable for Sales Tax Collection

A New York trial court has ruled against Amazon.com & Overstock.com, holding them liable for collection of New York sales taxes. If you have referrals from associates or business partners in New York state, you could be liable as well. 

See details in the Journal of Accountancy Online at http://www.journalofaccountancy.com/Web/AmazonSubjecttoNYSalesTax.htm
Donald R. Pinkleton, CPA
4807 West Seminary Avenue PO Box 15067, Richmond, VA 23227
Phone: 804-658-3358

Any tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) evading any penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction(s) or tax-related matter(s) addressed herein.

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