Many auctioneers have come to realize the recent Supreme Court decision on South Dakota v Wayfair has created an incredible burden related to tax collection when selling to buyers located in a different state from the auction. The Court has ruled that states are...
A paradigm shift occurred in the auction industry last regarding sales tax and how it is applied by auctioneers. The South Dakota v Wayfair decision will have a substantial impact for companies who sell items across state lines. For example in Oklahoma legislation...
This April the Supreme Court of the United States will hear the case of “South Dakota vs. Wayfair.” The decision expected in June could have a crushing impact on the auction industry. At the heart of the case is the ability for a tax authority to collect tax from...
Vocal dictation can be a powerful cataloging tool in the auctioneer’s arsenal if used correctly. Why? Speaking instead of typing will allow you to catalog faster. This means your assets can hit the market sooner, and for a longer period of time. As a result, you...
One of the main reasons that the founders of Wavebid created the Wavebid system is that they were desperately looking for a technology solution which streamlined and simplified the management of auctions. We get it – auctions are an incredibly complicated...
