Midsize retailers have responded to increasing consumer demand by pivoting to support multiple shopping methods and fulfillment models. These include buy-online, pick up in store, curbside pickup, and third-party shopping and delivery apps. This growth comes with a caution: The Wayfair ruling, which requires retailers to remit and collect state taxes, even without a physical presence in the state.
So, how can retailers anticipate future changes in legislation and future-proof their business?
Download this e-book to dig deeper into how tax automation helps retailers prepare for additional burdens and ensure their business is ready for the future – including how they can decrease the risk of experiencing these liabilities:
- Audit risk and estimated tax burden
- Overspending on tax burden management
- Negative impact on the customer experience