Home Advertise Contact Blog Advertiser Login RSS
Newsletter Signup

Business Opportunities to Own
Home-Based Businesses
Choosing a Business Opportunity Growth and Profit Marketing and Sales
Plans and Goals Running Your Own Business Start-Up
Working From Home Entrepreneur Exchange Feature Articles
Opportunity Community Opportunity Focus In The News

Everyone will be hearing a lot from the newest addition to our staff: Digital Marketing Manager Hired Margaret Mallonée! This hire was a strategic move to enhance our staff for the new digital media platform we will be introducing in the weeks and months to come. Chicago,...

Slammed last year by what will surely be one of the most expensive and devastating natural disasters to ever hit the Northeast, millions of individuals, many of whom are work-at-home or other small business owners, are only now years later truly beginning to recover from the damage that Hurricane...

Marketing pumps leads and buyers into your business. There are multiple types of marketing methods, from paid advertising to social media. One of the most efficient is called drip marketing.

Here is a quick guide to drip marketing, an effective way to nurture leads using the power of automation. What...

Sponsors

STARSCAPES®
Imagine making up to $500 to $1,800 a day! Call or click now see how you can get your business for FREE! (602) 679-0257
Promotional Products Home Business
Run Your Own Business. Be Your Own Boss. Earn Great Profit Potential. Start At A Low Cost. Try It For Free! Learn More.
Hurricane Recovery Resources for Business Opportunity Owners
in the wake of a crisis of this magnitude can be especially maddening, DisasterAssistance.gov is good place to start...
How Many Leads Does It Take To Close A Sale?
This article is now live on our blog and I know could be very insightful for many. Read On
Residual Income Business Opportunities
Residual Income is the way that you work once and get paid multiple times—sounds great!... Read On
Productivity Hacks — Our Top 50
Productivity Hacks will help you make more from less this 2016. Here at BusinessOpportunity.com we want to... Read On
Top 7 Reasons to Consider a CMS
The internet loves obscure abbreviations. You can skip over most of them, but not CMS. What is CMS? read on...
The Ideal Length of Everything Online, Including Social Media Posts
When one of your busiest marketing channels limits you to 140 characters, you know that the internet sets its own rules.
It Takes a Hot Voicemail to Land a Warm Lead
If you're a successful entrepreneur who provides others like you the chance to follow in your footsteps... Read On
Low Cost Business Opportunities to Own
Are your right for a Low Cost Business Opportunities to Own? The desire to own your own business... Read On
Sales Hack To Increase Your ROI and Productivity
Sales Hack to make you more money! Sales Hacks are not new, but how you use them is. We receive lots of emails.. Read On
The Top 10 Reasons to Buy a Business Opportunity or Franchise
Starting your own small business is part of the American Dream, right up there with owning your own home. Read On
7 Keys to Leading Highly Effective Sales Conversations
Most people's sales conversations could be better. Not a little better, significantly better. Read On
 
Resource Center > Article
Online Shopping Tax Debate Heats Up Once Again
27 Feb 13 Posted by: Kathleen C Lanza
in Featured Articles
Share this Article:

Business opportunity and other business owners who make much of their money on internet sales are once again grappling with the potential impact of proposed legislation that would grant states the authority to compel all online retailers to collect sales tax, regardless of where they are located. It’s just the latest development in an ongoing debate that has only heightened during the last few years.

Having been repackaged to address some of the most pressing concerns voiced during the last round of proposed legislation on the issue, the Marketplace Fairness Act of 2013—dubbed the “Amazon Tax” in homage to the world’s largest online retailer—continues to draw fire from a number of organizations. eBay, a number of select non-profits and political action groups, such as Americans for Tax Reform, and a number of politicians on the Hill are among them.

While any e-shopping or m-shopping business—from the largest and most successful online retailers to those for whom online retail growth is only in its infancy—will likely view this newest attempt to “level the playing field” as a huge imposition, many of them now have given in and can see the writing on the wall. In fact, Amazon now collects taxes in a number of states where it did not before, and it also supports this latest measure—as do other leading online retailers such as Best Buy, Target and Walmart, among many others.

As for the brick and mortar businesses and their surrogates who have been championing this issue for years, many of them are relieved to see that the debate is still very much alive and once again making national headlines. They feel optimistic that this latest proposal, even if it does not pass as is right away, signals that the issue is once again gaining momentum as consensus builds around the idea of sales tax parity once and for all—that it is an idea whose time has finally come.

“For far too long local retailers and small business owners have been saddled with a competitive disadvantage with online retailers—sales taxes,” said David French, the senior vice president for government relations at the National Retail Federation (NRF), in a recent statement. “While store owners collect and remit state and local sales taxes, their digital competitors are off the hook—and benefiting because of it,” he said.

Asserting that the current sales tax loophole “hinders community-based retailers, hurts Main Street jobs and has [led] to a $24 billion loss for state and local governments,” French reiterated something that many individuals who do much of their shopping online may not know—that these taxes are actually not new. In fact, consumers are supposed to remit taxes on their online purchases to the state in which they live. However, the laws governing this issue are rarely if ever enforced, and millions of dollars in potential tax revenue goes uncollected as a result—something that many believe needs to change, especially given today’s huge state budget deficits and technological advancements.

“Today, keeping track of a few thousand local tax rates is no longer an insurmountable technical, administrative or financial burden,” according to marketplacefairness.org, a website devoted to educating and informing the public about this issue. It’s “certainly no more difficult than calculating real-time shipping,” which is now a common feature on virtually any online retailer’s website. But, it states, “a State can only enforce these laws (to collect sales tax) within its own borders unless (or until) Congress recognizes the significant advances made by ‘man and his ingenuity with machines’ (in recent years).”

The current proposed legislation not only requires states to simplify their sales tax codes and tax definitions before implementation, but it also provides online retailers with access to free software that will facilitate their compliance.

“The Marketplace Fairness Act (2013) is the bipartisan, bicameral, common-sense solution that promotes states’ rights and levels the playing field for our Main Street businesses,” said U.S. Rep. Steve Womack, R-Ark. It prohibits the government from picking “marketplace winners and losers.”

We want to hear from you, our readers! Where do you stand on this issue? Should the Marketplace Fairness Act be passed into law this year? How would its passage affect your online retail growth? Have successful online retailers enjoyed an unearned advantage for too long already? Tell us what you think…

Related Blog Posts
14 Sep 17 Posted by: Kevin James Culp
in Featured Articles
Everyone will be hearing a lot from the newest addition to our staff: Digital Marketing Manager Hired Margaret Mallonée! This hire was a strategic move to enhance our staff for the new digital media platform we will be introducing in the weeks and months to come. Chicago,...
3 Sep 17 Posted by: Kathleen C Lanza
in Featured Articles

Slammed last year by what will surely be one of the most expensive and devastating natural disasters to ever hit the Northeast, millions of individuals, many of whom are work-at-home or other small business owners, are only now years later truly beginning to recover from the damage that Hurricane...

23 Aug 17 Posted by: Kevin James Culp
in Featured Articles

Marketing pumps leads and buyers into your business. There are multiple types of marketing methods, from paid advertising to social media. One of the most efficient is called drip marketing.

Here is a quick guide to drip marketing, an effective way to nurture leads using the power of automation. What...
18 Aug 17 Posted by: Kevin James Culp
in Featured Articles

Do you look around at your cubicle and dream of the day when you view the world from your yacht? You can do it, if you follow the right steps.

The dreamer’s road from wage slave to millennial millionaire is paved with hopeful thoughts. The winner’s road is built with one tiny change after another,...
27 Jul 17 Posted by: Kevin James Culp
in Featured Articles

How To Buy A Business Opportunity is not an easy question to answer off the top of my head.  I get asked this question at least once a day hence this blog post to better define my live calls I've had with potential buyers considering self-employment.

How To Buy A Business Opportunity: Business...
 
   

I had the pleasure of setting down with Edwin Shoffner, CEO with Mattress by Appointment for BusinessOpportunity.com's very first Podcast that will be released on our new Digital Platform very soon.  Here is the transcript from that call for...
Read More

Video Spotlight

Virtual Financial A Home Business in Financial Services You are going to want to see this Video!

Virtual Financial Group


Premium Sponsor