News

News April 24, 2024

FTC Bans Noncompete Agreements

On April 23, 2024, the FTC issued a new rule banning noncompete agreements nationwide to boost competition, allowing workers more freedom to change jobs or start new businesses.

E-Commerce Knowledge, News March 25, 2024

How the ‘De Minimis Loophole’ Revolutionized Global E-Commerce

Did you know the ‘de minimis loophole’ is an almost 100-year-old rule initially meant for travelers bringing home small souvenirs? While it’s a global rule, it has notably boosted Chinese e-commerce, allowing a flood of inexpensive products to enter the U.S. with minimal customs scrutiny.

eBay, News January 18, 2024

eBay needs your help to tell Congress that 1099-K Needs a Permanent Fix

Remember the IRS’s pause on the new $600 threshold for #1099K tax forms? Well, it’s just a band-aid. We’re at risk of reverting to a policy that could burden American online sellers without a permanent fix. Imagine getting tax forms for selling a few old garage items – yes, even if you don’t owe any tax! eBay is asking for your help to push Congress for a change.

News January 10, 2024

New Email Sending Standards for Gmail and Yahoo: A Guide for Online Sellers

Recently, Gmail and Yahoo have introduced new requirements for email senders, which will come into effect in February 2024. These changes are set to significantly impact online sellers, especially those who manage their own websites and regularly communicate with buyers via email.

News December 31, 2023

Is free shipping more important than same-day delivery?

For retailers planning for 2024, here’s a crucial insight from a recent Forrester survey: customers value free shipping more than same-day delivery. This finding suggests a shift in focus for online retail strategies. Instead of investing heavily in fast delivery, offering free shipping could be a smarter move. It’s a simple yet effective change that aligns with what consumers want, potentially reshaping retail logistics in the year ahead.

News December 2, 2023

4 lessons from Cyber Week 2023

Cyber Week 2023 has left a distinct mark on the e-commerce landscape, showcasing trends that are reshaping how we shop online. Here’s a brief look at the key takeaways from this pivotal shopping period.

News November 21, 2023

IRS News: $600 threshold for 2023 is now postponed

Big news for anyone dealing with third-party platform payments: The IRS has announced a delay in implementing the new $600 Form 1099-K reporting threshold for 2023. Instead, they plan to phase in a higher threshold of $5,000 starting in 2024. This follows the decision to maintain the existing $20,000/200 transaction threshold for the 2022 tax year, which will now continue through 2023 as well.