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Understanding eCommerce Sales Tax Nexus and Its Impact on Accounting

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Luna Morris @Luna_Morris · Dec 16, 2024

eCommerce sales tax nexus establishes the obligation for businesses to collect and remit sales tax in states where they have a significant connection. Factors like sales volume or physical presence trigger this nexus. eCommerce accountants play a key role in managing nexus compliance, ensuring accurate tax reporting, maintaining financial records, helping businesses navigate complex tax obligations, and maintaining financial accuracy. 

 

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