Economic Nexus explained
"Economic nexus is making the headlines lately, as the Supreme Court is weighing whether out-of-state sellers are on the hook for collecting and remitting sales tax. But many don’t know how economic nexus means is defined and why it matters to your business.
We’re brought in tax policy expert Scott Peterson to explain:
• How economic nexus is triggered
• Which types of companies are most affected
• What the impending Supreme Court decision will mean
• How to determine whether you’re on the hook for sales tax based on where you conduct business"