As we are all caught up in the hectic days of fourth quarter, we should not forget that we also need to be preparing. Like it or not, legislators are not only talking about introducing legislation they are preparing.
From Florida to Massachusetts to California, states are laying the groundwork to introduce legislation to modernize sales and use tax. While you may think you have a lot of time, action is closer than you think. For example, California has set a hearing date for AB178 – that date is January 11. ( AB178 update ) Other legislators in other states are also talking and researching. Some states are already in emergency sessions discussing budgets.
Some revenue departments are also receiving guidance from sister states. States with current modern nexus laws are sharing their “success” stories. North Carolina is talking to South Carolina regarding online sales tax. Legislators are talking – in Florida, Missouri, South Carolina, Hawaii, Connecticut, Minnesota, Tennessee, Maryland and on and on.
There is a lot you must do now to prepare, especially if you are an affiliate. Not even talking about fighting the legislation. If you are an affiliate marketer you need to prepare your business model.
Reminder, our call Prepare for Nexus Legislation is next Tues, December 8. I urge you to join us as we share tips on how to prepare your business for possible legislation and how to help ensure legislators are educated about the impact. Remember, preparing is not panicking.