According to the recent U.S. Supreme Court ruling in South Dakota v. Wayfair, online sellers may be required to collect sales taxes even if the sellers do not have a physical presence in that state. This decision may have far reaching consequences to online sellers, including nonprofits. Nonprofits are often exempt from paying sales tax on items purchased for use in their nonprofit operations. However, nonprofits may be required to collect sales tax on items they sell to members or customers.

Click here to read an article by Karen T. Syrylo, CPA on what this decision may mean for nonprofits and what they should do in light of the ruling. Karen T. Syrylo, CPA is a state and local tax expert who works with GRF’s nonprofit clients to assess and resolve state and local tax issues.

Moving Forward

We will keep you updated on the updates, but if you have questions on how this update impacts your organization, please contact us at rlocastro@grfcpa.com, skelin@grfcpa.com or 301-951-9090.