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