Gail Cole Archives - Page 10 of 11 - CPA Practice Advisor

Skip to main content

Read more

tax-audit-calculator1_11675668

Auditing

How to Help Your Clients Avoid - Or Survive - A Sales Tax Audit

Many small and mid-size businesses hire accountants and bookkeepers with the expectation they’ll help prevent an audit. Unfortunately, you can’t guarantee your clients won’t be audited for sales and use tax. No one can: States need sales and use tax ...

solar eclipse 1115920 1280 1 58f8c485dcf43

Sales Tax

Taxing the Sun? State Taxes and the 2017 Solar Eclipse

It’s been 38 years since a total eclipse of the sun has been visible from all 48 contiguous United States, so the one set to occur August 21, 2017, is a big deal. It’s been on the calendars of eclipse watchers for years, if not decades.

online sales tax 1 556884d83a62c

Florida Case Could Change U.S. Online Sales Tax Laws

Courts to date have disagreed on this matter. An administrative law judgment initially upheld the department’s audit findings in March 2013. The Fourth District Court of Appeals then found the state to have “impermissibly burdened interstate commerce ...

gillette 1 5818bd9cc353f

Advisory

Gillette Co. v. Franchise Tax Board: Why It Matters

If the court had ruled the Compact was a valid choice regardless of state law, then every state would have repealed it. As it stands, the relevance of the Compact is likely to be revisited once all states use only sales to apportion income ...

delivery truck icon 1 57c46bcf08bf9

Sales Tax

When Are Deliveries Subject to Sales Tax?

Delivery charges don’t just pertain to food. They can be slapped on anything a business sends to a consumer, from a slim book of poetry to a multi-million dollar yacht.

internet sales tax 1 5796450125a44

Sales Tax

Congress Considers Bill Banning Online Sales Taxes By States

Tired of Congressional inactivity on internet sales tax, a growing number of states have enacted legislation enabling them to tax sales made by out-of-state sellers. The majority of these laws maintain that a connection between a state and seller is ...

pokemon go 1 1152x655 1 579646c38add3

Sales Tax

Taxing Pokemon: States Get In On the Action

Lures aren’t the only way to spend real money in the Pokémon world. Although free to play, “Players can spend real money on PokéCoins, the in-game currency of Pokémon Go.” 99 cents gets you 100 PokéCoins; $99.99 buys you 14,500. According to developer ...

salttax-art_11651891

Automation

New Fiscal Year Brings Sales Tax Changes Across the Country

There have been a number of red-letter changes to date in 2016, most notably with respect to state sales tax rates, eliminating exemptions, and remote sales tax laws. More are sure to follow during the second half of the year.

Sales Tax

States Redefine Nexus to Tackle Online Sales Taxes

As the middle of the year approaches, it’s worth taking stock of remote sales tax. Numerous states have enacted or are considering legislation enabling them to collect sales and use tax revenue from remote retailers lacking a physical presence in the ...

Soda Cans 1 5728f8c05a6a4

Accounting

The Skinny On The Soda Tax Debate

Each state determines how these products are taxed differently. When multiple jurisdictions and products are involved, time spent on sales tax management can quickly snowball. Sales tax automation software like Avalara AvaTax takes this tedious ...

654A6789 785E 4BB6 9024 7ED30AF69217 1 56da01206b2bd

Sales Tax

The Sticky Business of Excise and Sales Tax Requirements

There are a variety of industries that find themselves with a unique tax conundrum…they are required to calculate and file both sales and excise taxes to run their day-to-day business. So, what’s the big deal?

WALMART PHOTO CENTER WalMart Store Photo Department Music CD Aisle 1 56d9ffb63716a

Sales Tax

Why Are Products "Sometimes" Taxable?

Just when you thought you had a handle on the rules for taxing goods and services, you come face to face with the new compliance bully on the block: “sometimes taxable.” Businesses must correctly deal with these sometimes exempt and sometimes subject ...