What Taxes Do I need to set up? – Zoey Ticketing System

Zoey can certainly help you set up your tax rates and rules, however you will need to know the following before you begin:

Where tax is being charged
How much

We recommend speaking with your business's accounting department as they will know your needs the best!

If your business has a physical presence in a state, such as a store, office or warehouse, you may be required to collect applicable state and local sales tax from your customers. If you do not have a presence in a particular state, you are might not be required to collect sales taxes.

In legal terms, this physical presence is known as a "nexus." Each state defines nexus differently, but all agree that if you have a store or office of some sort, a nexus exists. If you are uncertain whether or not your business qualifies as a physical presence, contact your state's revenue agency. If you do not have a physical presence in a state, you are not required to collect sales taxes from customers in that state.

This rule is based on a 1992 Supreme Court ruling in which the justices ruled that states cannot require mail-order businesses, and by extension, online retailers to collect sales tax unless they have a physical presence in the state.

For more information, check out these articles:

Important: No guarantee is offered with respect to any of the information given here. Please contact an expert before you make any decisions about tax matters.