Sales Tax
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Amazon to Collect Sales Taxes Nationwide Starting April 1st
The final nail in the coffin was a long time coming. Initially, Amazon contested governmental regulations requiring it to collect states sales taxes, arguing that it should not be have to meet this responsibility in states where it didn’t have a ...
Recouping Sales Tax on Bad Debts: Help Your Retail Clients Reduce the Pain of Bad Debts
For accrual method clients chalking up bad debts, a claim for refund of transactional taxes previously remitted can be a worthwhile engagement. Sales taxes are the most common form of transactional taxes for retailing vendors, and since the majority of retailers remit sales taxes on a monthly basis, sales taxes are often remitted in full […]
Should Sales Tax Be Included in Price?
Simplicity is key. If sales tax is charged separately, the amount designated as sales tax is given to the state tax authority. If a statement that sales tax is included appears on the invoice, the seller calculates the amount of sales tax due and ...
CRUSH Sales Tax Conference Heading to Austin May 2-3
The event brings together leaders in finance and technology who are enabling the strategic evolution of accounting, CRUSH offers attendees opportunities to learn, educate and network with hundreds of peers and experts.
Report Shows 556 Sales Tax Changes Across U.S. in 2016
2016 was a business year for for state legislatures, at least when it comes to sales and use taxes. Across the country, there were 556 sales and use tax rate changes at the state, county and local level, according to the annual Sales Tax Rate Report ...
How Sales Tax Impacts Cash Management
Even profitable companies can have problems with cash flow. Although some stem from external sources and are beyond control, many can be addressed by making adjustments to internal processes. The way companies handle sales tax can impact cash ...
Get Ready for New Changes to Sales and Use Taxes in 2017
In 2017, when it comes to sales tax, states are taking stances on everything from soda to streaming content, tobacco to tampons. The New Year will also bring renewed efforts by states to implement internet sales taxes and continue the legal battle to ...