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Sales & Use Tax

9 weird but true sales & use tax laws on the books: Has your A/P team heard of them?

Your A/P staffers are well aware of the ways state revenue departments make life complicated with their ever-changing sales & use tax laws. Seasoned A/P pros are typically able to follow the logic behind some of the unusual sales & use tax requirements out there. For example, in Kansas hot-air balloon rides aren’t taxable because […]

by Brian Bingaman
November 2, 2022

Bill creates new guidelines for nexus in NYC

Heads up to those who do business in New York City: A new bill changes how corporations establish nexus in the Big Apple. Per SB 9454, effective for tax years beginning on or after Jan. 1, 2022, businesses create nexus and are subject to the NYC business corporation tax if they have at least $1 […]

by Jess White
September 8, 2022

Key to sales tax compliance: Assume you have economic nexus everywhere

Businesses like yours that expanded into e-commerce markets and digital sales channels have had to be aware of economic nexus ever since the tax compliance landscape changed with the landmark South Dakota v. Wayfair Supreme Court decision. Your Finance team’s responsible for collecting and paying sales tax on out-of-state online sales, including to the states […]

by Brian Bingaman
August 29, 2022

Denver moves to exempt new Colorado delivery fee from sales & use tax

Promising news to those who do business in Denver: The City Council has proposed a bill to exempt the state’s brand-new retail delivery fee from sales and use tax. If the bill passes, it would create a sales and use tax exemption for this fee and other government fees. Currently, the retail delivery fee (effective […]

by Jess White
August 12, 2022

Revised PA bill adds new economic nexus tax guidelines

The Keystone State has officially updated its tax law with provisions on economic nexus that you’ll need to know if you do business in Pennsylvania. Effective for tax years beginning after Dec. 31, 2022, any business with $500,000 or more in sales that can be sourced to Pennsylvania has created nexus for tax purposes. The […]

by Jess White
August 5, 2022

This industry sector’s problems mean more potential good deals for you

So what happens when inflation is high, everything seems to cost more and consumer confidence is reaching rock-bottom? One outcome tends to be inventory glut. And no one’s having a harder time moving product these days than retailers. The retail sector’s pain could provide relief for plenty of businesses looking to spruce up their workspaces […]

by Scott Ball
August 2, 2022

No added sales tax for marketplace facilitator fees in Tennessee

There’s good news if you work with marketplace facilitators for sales transactions in The Volunteer State. Both seller fees and service provider fees that facilitators may charge when connecting you to customers aren’t subject to sales tax. Letter Ruling No. 22-02 from the state Dept. of Revenue discusses a marketplace facilitator that charges various fees […]

by Jess White
August 1, 2022

Features impact taxability of online training for employees in Texas

Be careful with the features included in online training for workers in Texas. Purchasing certain features may make the software subject to sales and use tax. That’s according to a recent private letter ruling issued by the Texas Comptroller of Public Accounts. The letter ruling discusses a company that provided clients with various online learning […]

by Jess White
August 1, 2022

Guidance sheds light on taxability of ‘enterprise computer systems’ in Maryland

The Maryland Comptroller of the Treasury has provided businesses with additional clarity on some of the tax changes made by HB 791, which recently updated the definition of a “taxable digital product.” In the latest revision of the state’s Business Tax Tip #29, the comptroller states what an “enterprise computer system” includes, since these systems […]

by Jess White
July 8, 2022

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Resourceful Finance Pro, part of the SuccessFuel Network, provides the latest Finance and employment law news for Finance professionals in the trenches of small-to-medium-sized businesses. Rather than simply regurgitating the day's headlines, Resourceful Finance Pro delivers actionable insights, helping Finance execs understand what Finance trends mean to their business.

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