The Small Business Administration states, "As a small business owner, you are required to assess sales tax, collect it and pass it on to the appropriate authorities within the prescribed time."
To be successful, you need to maintain a sell anywhere and everywhere attitude. The number of online purchases continues to grow every year. E-commerce saw 2.3 trillion dollars in sales in 2017 and is predicted to exceed 4 trillion dollars by 2021. Some businesses rely on sales made through large online marketplaces, others depend solely on their website’s e-commerce ability. Let’s look at the advantages and challenges of both.