Taxes
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An Increase in Customer Theft is Increasing Restaurant Prices
IRS Shares Five New Warning Signs of Incorrect ERC Claims
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
![Sales Tax Rates Jan 2020 Tax Foundation](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2021/02/Sales_Tax_Rates_Jan_2020_Tax_Foundation.6022aae4ca07d-768x662.png)
Report Shows Trends Around Sales Tax Rates and Rules
Vertex consistently tracks sales tax rates and rules and produces detailed mid-year and end-of-year reports featuring tax data over a 10-year period. These reports are widely referenced by industry groups and indirect tax think tanks.
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Sovos Appoints New COO
Global tax software provider Sovos has appointed Ruth Fornell to the newly created role of chief operations officer. Fornell comes to Sovos with extensive experience leading global teams, most recently as a general manager at payment systems company ...
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Some Tax Pros Want an Extension of the Tax Year
Last year, with the U.S. facing the then-new COVID-19 pandemic and its effects on government, businesses and individuals, the IRS pushed the tax deadline from the usual date of April 15 until July 15. But that was 2020.
![Coronavirus Checks Payments Stimulus](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2021/02/Coronavirus_Checks_Payments_Stimulus.60220e3a3eb86.png)
Congress: Next Stimulus Checks Likely to Go to Same Who Received Last Payment: $1,400
House Democrats are proposing to limit the next round of Covid-19 relief payments to households earning less than $200,000, after criticism that President Joe Biden’s $1.9 trillion stimulus package would benefit the rich.
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Washington State Says Attendance at Trade Shows is a Sales Tax Nexus
There’s been a lot of emphasis in recent years on the United States Supreme Court’s 2018 decision in South Dakota v. Wayfair, Inc., which allowed states to tax businesses with no physical presence in the state. However, physical presence in a state ...
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New York Takes Another Shot at Taxing Digital Advertising Sales
As it did in 2020, New York is looking to tax digital advertising services. Two bills introduced last week would broaden the state’s sales tax to digital advertising services. Another would tax gross revenue derived from digital advertising services ...
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The Retirement Saver’s Income Tax Credit for 2021
Are you or someone in your family—say, a child who recently graduated from college—embarking on a new career? It’s not too early to start saving for retirement. In fact, it’s generally recommended that you begin retirement planning once you’re ...
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4 Tactics to Help Your E-Commerce Clients with Sales Tax Compliance
For CPA firms that do not have the resources to execute these measures, outsourcing sales and use tax compliance to a trusted partner can be a valuable alternative. To learn more about advising your E-Commerce clients on sales tax compliance in ...