Here’s what that Supreme Court sales tax decision means for you

If you’ve been ducking sales taxes for your online purchases, it’s game over.

The Supreme Court is about to make it easier for your state to collect its share.

In a 5-4 ruling in favor of South Dakota and against online retailer Wayfair, the court decided that states can require merchants to collect sales taxes for online purchases.

Online shoppers who reside in one of the 45 states that have a sales tax should have been reporting and remitting those levies to their state of residence.

If you haven’t been doing this, you might get a nasty surprise at checkout if your state successfully pushes online merchants to collect those taxes.

“This is about improved enforcement of a tax that’s already on the books,” said Carl Davis, research director at the Institute on Taxation and Economic Policy.

“For years, shoppers have been able to evade these taxes by shopping with certain online retailers.”

Here’s what you can expect.

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