I'm calling a little BS on your over simplification Bryan; you certainly DID NOT have to deal with more than one one state's sales tax rules unless you had a physical presence there. There are even different rates for different kind of sales; it is not a simple thing at all and is disingenuous to pretend it is. Just having to deal with periodic tax updates alone on a national level is a burden unless you're a huge company like Amazon. Imagine having to pay More than you collected because it wasn't up to date. How would you send that money to each state? Would a business need a bank account for each State like they do for just a single one? It adds a lot business overhead that foreign competition selling online won't have and it's second and third order effects will drive down wages, increase prices, and frankly shut down a lot of business that has a low margin of profit. It is totally an American dream killer. Those same companies will be subject to other federal legislation that vastly increases business overhead too. Also 10M a month is a lot different than 1M a year. Sales! = profit; this will finally be the big push that causes people with no real skills to lose their jobs to robots or to Foreign countries. JD On May 7, 2013 11:44 PM, "Bryan O'Neal" < Bryan.ONeal@theonealandassociates.com> wrote: > Ken. If you are not recording your sales you are already screwed. If you > are then your accountant will have the software required to do your sales > tax. If you are doing over a million in internet sales but can not afford a > few K for an accountant you are also screwed. If you > whole business will collapse because of a new $1500 fee, you should not be > in this business I was an accountant for a company that did 10mill in > sales every month and 3 of us took care of everything including the > consolidated statements on several dozen subsidiaries and investor payouts > not to mention the thousands of vendor invoices we processed every month. > The only thing we farmed out was payroll and you know what - it is not that > bad.It is not going to be hard once it becomes common. I > > Regarding xen to quick books - again - weekend project for a friend who > did far less then you apparently do. But I question what accounting > software you do use if this is all way to much for you and you fear > your current provider would not support you. Particularly when it is really > not that big of a deal. Sure I would not write one from scratch for free - > that is what peachtree, timberline, intuit, even freaking xTuple are for > (the have a staff of professionals paid to make things easy for you). > Don't freak out, don't fire people, don't close your doors, just be aware > that you will need to talk to your accountant. And again, if you do over a > mill in sales and you don't have one - god help you. > > And no if your margins are low you may not make much at all off of a mill > in sales. The value is reasonable to separate a hobby from a business And > if you are in business you should be capable of having a part > time accountant process your orders through their software and spit you out > a report once a week. > But I will also say if you are just scraping by, and you are not able to > grow your unit sales or decrease your costs significantly year after year, > then you probably should be looking for another job anyway because stuff > like this happens. You get a spike in bad customers, a rash of lost items > in the mail, a new set of international tariffs or additional customs > procedures, or - some one else who is doing it better then you. That is the > nature of business. > > > On Tue, May 7, 2013 at 8:43 PM, keith smith wrote: > >> >> This is interesting. Most think a mill a year in sales is a lot. It >> really is not. Not from my experience. If you are doing a mill a year >> online you probably have a lot of overhead. >> >> You talk about doing the reporting on line. Who is going to do it and >> how is going to ensure the right info is reported? Someone will work more >> or an additional person will be required. >> >> And I do not think we would " pipe xen cart on LAMP into quick books on >> windows real time" The correct amount of sales tax must be figure during >> the sale based on local. >> >> I work with these issues on a daily basis. it is going to be a nightmare. >> >> >> ------------------------ >> Keith Smith >> >> --- On *Tue, 5/7/13, Bryan O'Neal >> * wrote: >> >> >> From: Bryan O'Neal >> Subject: Re: OT: Internet Sales Tax Passes the U.S. Senate >> To: "Main PLUG discussion list" >> Date: Tuesday, May 7, 2013, 6:31 PM >> >> >> Data exchange can be done - If I can pipe xen cart on LAMP into quick >> books on windows real time after a weekend of playing around I am sure some >> one like intuit will have way to cover you. That said - it will take a year >> or two for the dust to settle and it will cost people to comply. But if you >> sell $1M/year and you can not afford a $1500 bump in expenses I would say >> your margins are too thin to survive. As far as remittance most states >> allow you to do the monthly remittance online. I wrote a simple script for >> the sate of AZ so again, I think biger software companies can handle making >> it very simple for you. And again, if you are doing a mill in sales and you >> are not using some form of software that has active development you will >> have problems. >> What I am trying to say is the concept is not as daunting as it may >> sound. The problem is not in the concept, however the execution will be >> very painful. And this will cause a lot of problems for a lot of people. >> >> >> On Tue, May 7, 2013 at 6:19 PM, keith smith >> > wrote: >> >> >> It will not be as simple as tying one software package into another. >> What if the provided software runs on Win8 and your cart is running on a >> LAMP server? >> >> ------------------------ >> Keith Smith >> >> --- On *Tue, 5/7/13, Bryan O'Neal >> * wrote: >> >> >> From: Bryan O'Neal >> >> Subject: Re: OT: Internet Sales Tax Passes the U.S. Senate >> To: "Main PLUG discussion list" >> > >> Date: Tuesday, May 7, 2013, 6:11 PM >> >> >> The real problem is internal US internet sales will be less competitive. >> The regulations will be difficult at first but within a few years they >> will just tie the sales software into the tax software and it will be easy >> to calculate and deal with in real time with very little additional cost. >> The solution to competition is either use of an import tax or forcing >> compliance on any one who sells inside the us. And our sales to the outside >> will not be effected because other countries are not doing this... So >> purchasing from the US if you happen to be in some non US company looks >> just the same. In all truth... Sales tax is more progressive then income >> tax, so.... I am not sure I have an issue with it more then the >> predefined statement that TAXES ARE TOO DAM HIGH! >> >> >> On Tue, May 7, 2013 at 5:41 PM, Jason Poulter >> > wrote: >> >> It will just force people to buy things from sites and countries where >> they don't collect taxes , so really justs hurt the economy more losing out >> on sales that make economy better >> >> >> Eric Cope > >> wrote: >> >> >> http://blog2.easydns.org/2013/05/07/go-ahead-pass-the-internet-tax-your-foreign-competitors-thank-you-in-advance/ >> >> >> On Tue, May 7, 2013 at 1:55 PM, Stephen >> > wrote: >> >> I also envision allot of quote building instead of online direct >> purchase. >> On May 7, 2013 1:43 PM, "keith smith" > >> wrote: >> >> >> Great idea. Phone orders only, placed through a local terminal not the >> website. Excellent!! >> >> >> >> ------------------------ >> Keith Smith >> >> --- On *Tue, 5/7/13, James Finstrom >> >* wrote: >> >> >> From: James Finstrom >> > >> Subject: Re: OT: Internet Sales Tax Passes the U.S. Senate >> To: "Main PLUG discussion list" >> > >> Date: Tuesday, May 7, 2013, 10:11 AM >> >> I predict "call to order" then the sale is not an "internet sale". >> >> Much like companies are cutting employee hours to avoid obamacare people >> will find a way to avoid this. >> >> James Finstrom >> >> >> >> ಠ_ಠ ** >> >> >> On Tue, May 7, 2013 at 9:19 AM, JD Austin >> > wrote: >> >> Great.. one more way to KILL small business by making them less >> competitive and increasing their overhead. Companies will just adapt to >> this BS (and regular employees will pay for it).. getting close to >> 1M/year... time to SPLIT THE COMPANY. >> >> -- JD Austin >> Twin Geckos Technology Services LLC >> http://www.twingeckos.com >> Voice: 480.269.4335 (480 2MY Geek) >> jd@twingeckos.com >> -=-=-=-=-=-=-=-=-=-=-=-=-=-=- >> AZTelcom Solutions >> jd.austin@aztelcom.com >> -=-=-=-=-=-=-=-=-=-=-=-=-=-=- >> The Open Tech Guy >> http://www.opentechguy.com >> jd@opentechguy.com >> -=-=-=-=-=-=-=-=-=-=-=-=-=-=- >> Xorcom USA >> Technical Support >> jd.austin@xorcom.com >> >> >> On Tue, May 7, 2013 at 8:52 AM, Lisa Kachold >> > wrote: >> >> Keith: >> >> On Tue, May 7, 2013 at 8:48 AM, keith smith >> > wrote: >> >> >> The U.S. Senate passed the Internet Sales Tax Bill. Jeff Flake's office >> says he voted against it and John McCain's office said he voted FOR it. >> >> It is being reported there in some 9,600 taxing authorities in the U.S. >> Add to that 560 or so Indian tribe taxing authorities. That is over 10,000 >> taxing authorities. Yikes!! Any company with 1 million in sales will be >> required to comply. I can tell you that a company that has 1 million in >> sales is not a big company. That online retailer might consist of 2 or 3 >> employees with some additional help from a number of consultants and >> potentially a fulfillment center. >> >> From first hand experience, I would say this law, if passed by the U.S. >> House, will cause a bunch of small online retailers to either go out of >> business or reduce sales through raising prices or some other method. >> >> This may very well play out like ObamaCare where companies are reducing >> the hours of their employees so they have less than 50 full-time >> employees. In other words we will experience the unintended consequences >> of these laws. >> >> These polices effect each of us. >> >> >> Yikes, yes! And that will provide the revenue to expand Internet >> government regulation and compliance. >> >> Sadly, it had to happen. >> >> >> ------------------------ >> Keith Smith >> --------------------------------------------------- >> PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org >> To subscribe, unsubscribe, or to change your mail settings: >> http://lists.phxlinux.org/mailman/listinfo/plug-discuss >> >> >> >> >> -- >> >> (503) 754-4452 Android >> (623) 239-3392 Skype >> (623) 688-3392 Google Voice >> ** >> it-clowns.com >> Chief Clown >> >> >> >> >> >> >> >> >> >> >> >> >> >> >> --------------------------------------------------- >> PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org >> To subscribe, unsubscribe, or to change your mail settings: >> http://lists.phxlinux.org/mailman/listinfo/plug-discuss >> >> >> >> --------------------------------------------------- >> PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org >> To subscribe, unsubscribe, or to change your mail settings: >> http://lists.phxlinux.org/mailman/listinfo/plug-discuss >> >> >> >> -----Inline Attachment Follows----- >> >> --------------------------------------------------- >> PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org >> To subscribe, unsubscribe, or to change your mail settings: >> http://lists.phxlinux.org/mailman/listinfo/plug-discuss >> >> >> --------------------------------------------------- >> PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org >> To subscribe, unsubscribe, or to change your mail settings: >> http://lists.phxlinux.org/mailman/listinfo/plug-discuss >> >> >> --------------------------------------------------- >> PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org >> To subscribe, unsubscribe, or to change your mail settings: >> http://lists.phxlinux.org/mailman/listinfo/plug-discuss >> >> >> ------------------------------ >> >> PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org >> >> >> >> To subscribe, unsubscribe, or to change your mail settings: >> http://lists.phxlinux.org/mailman/listinfo/plug-discuss >> >> >> --------------------------------------------------- >> PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org >> To subscribe, unsubscribe, or to change your mail settings: >> http://lists.phxlinux.org/mailman/listinfo/plug-discuss >> >> >> >> -----Inline Attachment Follows----- >> >> --------------------------------------------------- >> PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org >> To subscribe, unsubscribe, or to change your mail settings: >> http://lists.phxlinux.org/mailman/listinfo/plug-discuss >> >> >> --------------------------------------------------- >> PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org >> To subscribe, unsubscribe, or to change your mail settings: >> http://lists.phxlinux.org/mailman/listinfo/plug-discuss >> >> >> >> -----Inline Attachment Follows----- >> >> --------------------------------------------------- >> PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org >> To subscribe, unsubscribe, or to change your mail settings: >> http://lists.phxlinux.org/mailman/listinfo/plug-discuss >> >> >> --------------------------------------------------- >> PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org >> To subscribe, unsubscribe, or to change your mail settings: >> http://lists.phxlinux.org/mailman/listinfo/plug-discuss >> > > > --------------------------------------------------- > PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org > To subscribe, unsubscribe, or to change your mail settings: > http://lists.phxlinux.org/mailman/listinfo/plug-discuss >