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 […]
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 […]
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 […]
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 […]
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 […]
If your firm provides employees with training directly through an online platform affiliated with a college or university, the fee for accessing the platform isn’t subject to sales tax in the Lone Star State. That’s according to a recent private letter ruling from the Texas Comptroller of Public Accounts. In Private Letter Ruling No. 20210419122306, […]
There’s new guidance on marketplace facilitators and what transactions they’re required to collect taxes for in Indiana under SB 382. The Dept. of Revenue recently released an updated Information Bulletin #89 on sales tax, effective July 1, 2022. This replaces the bulletin released in June 2019. The main changes in the bulletin were designed to […]
Sales tax may be soon be collected by marketplace facilitators during more purchases in the Sooner State. Here’s why: SB 1339 updates the definition of what’s considered a marketplace facilitator. As of Jan. 1, 2023, the new definition says that a marketplace facilitator is now a person that facilitates the sale at retail of a […]
HB 791 updates the definition of a taxable “digital product” in Maryland. And good news: Computer software and other services your company may purchase won’t be taxable once the bill’s in effect. Effective July 1, 2022, the following applications are specifically not subject to sales and use tax, per the bill: A product with electrical, […]
