1340 - Sales Tax Implications, with Rich Klein

Dr. Beckett and Rich Klein delve into the intricacies of sales tax in the sports card industry. From the challenges faced by card show organizers to the implications for dealers and consumers, they discuss the legal and practical aspects of sales tax collection as well as exploring the rising trend of cashless transactions and the potential impact on the hobby's charm and business practices.

 

01:05 Real-Life Examples and Implications

01:49 Promoters and Dealers: Compliance and Challenges

02:38 Consumer Perspective on Sales Tax

03:03 Tax Obligations for Players and Promoters

04:05 Future of Sales Tax and Digital Transactions

09:54 Cash vs. Credit: The Debate