Like every other facet of modern life, COVID-19 is remaking the holiday shopping season. Between supply
chain disruptions, shipping delays, and continued social distancing measures, consumers are again dealing with a holiday shopping season marked by shortages, unable to get their hands on gifts for their loved ones.
That’s why for many in 2021, holiday shopping started well before the leaves turned colors and pumpkins were placed on doorsteps. And like last year, much of the holiday shopping took place online. As consumers shopped earlier, returns have become even more complicated, with more time between the purchase and return dates.
Download this e-book to discover:
- How gift returns affect tax rate reporting
- 8 ways returns increase tax complexity
- Ways retailers can set themselves up for returns success