Just joined today to get some high-level answers from anyone with experience setting up an online store. I found setting up my website, shopping cart and gateway to be quite easy, if tedious.
However, now that I am trying to set up proper taxation of goods, I am lost. I have some rather basic (read: "stupid") questions. They are:
- While I live out of the state, I incorporated as an LLC in the state of Nevada, which is a common practice. Does that mean I charge anyone making purchases online Nevada sales tax?
- If yes to #1, do I absolutely need a seller's permit?
- If no to #1 and I am supposed to charge a different tax rate based on the consumer's location? It can't be that difficult, right? That would make setting up the taxes a monumental pain and even worse, filing taxes for each state is a nightmare.
- I suppose I can just incorporate the taxes I would pay myself into the price of goods, but is that even legal?
I will be meeting with a CPA at some point to help me with this info, but I would like the advice of people with actual experience with online commerce.