Sales Tax
Latest News
Professionals on the Move – Nov. 2024
Top Hyundai Exec Says EVs Are ‘the Future’ Even if Trump Kills Tax Credit
3 Reasons to Involve Your Children in Small Business Saturday
Review of Blue J – The Accounting Technology Lab Podcast – Nov. 2024
Avalara Files for IPO
On Friday, Avalara, Inc. announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating to a proposed initial public offering of its common stock.
Mother’s Day and Sales Taxes
With Mother’s Day nearly upon us, consumers will spend an estimated $23.1 billion this year on Mother’s Day gifts and celebration, according to the National Retail Federation. Individuals will spend the week rushing out to find that perfect gift for ...
What Every Accountant Needs to Know about Sales Tax Nexus
At its most basic level, nexus is answering the question, “Do you have sufficient contact to require you to register with a state taxing authority or other regulatory body?” Don’t make the mistake of getting frightened by the term.
How Real Estate Giant Zillow Handles Sales and Use Tax Compliance — Part 1
While many of us use Zillow as a resource for up-to-date home-related information, the company’s story of maintaining sales tax compliance and transitioning to automated accounting solutions provides insights for accountants supporting growing clients.
State Standards Vary on Sales Tax Nexus
Bloomberg Tax queried the states on nexus, tax treatment of pass-through entities and intangible holding companies, conformity to federal tax reform, methods of sourcing income, sales tax refund actions, requirements for reporting federal changes ...
The Future of the Online Sales Tax “Physical Presence” Nexus Standard – Part Four
Accountants are being pulled in to the trend of the online marketplace. The ease offered by online ecommerce platforms means even small clients can suddenly be mired in complexities of multistate tax rules from their very first sale.
IRS Tax Day Is Here: You Can Delay, But You’ve Got to Pay
April 17... It doesn't quite have the same ring to it as April 15, but this year, the 17th is tax day. (Because the 15th was on a Sunday, and a holiday in Washington D.C. delayed things.)
Supreme Court to Rule on Online Sales Taxes
While online retailers are fighting sales tax collection because the lower total cost makes their products more appealing, states are mounting a relentless assault on the Quill decision. For example, in 2016, South Dakota passed an economic nexus ...