A 529 plan is a savings account that is set up to offer tax-advantages for those who invest in their children's higher educational expenses. These plans have evolved over the years, most recently with the passage of the Tax Cuts and Jobs Act (TCJA) at the close of 2017.
Online retailers are a major part of our current economy. Everything from small, local businesses to major, global corporations sell their goods online. State governments have struggled to evolve with our shopping habits. One particular area of struggle: the application of a state sales tax in e commerce.