President Biden is calling for wealthy Americans and corporations to pay more in taxes. The president outlined a number of changes he believes will help reduce the budget deficit and level the playing field between the very rich and everyone…
Taxes
The Internal Revenue Service has extended corporate, business and individual tax deadlines out to June 17 for San Diego, Detroit and dozens of counties throughout the U.S. Here's a rundown of areas that were declared disaster areas by the Federal…
After the flood of new e-commerce sales tax rules in the five years since the South Dakota v. Wayfair Supreme Court decision, this may be the year when more economic nexus laws finally start getting simpler. The Streamlined Sales and…
States are always looking for ways to attract new businesses and prevent existing ones from pulling up stakes. Lowering corporate taxes is one way to do it. So is reducing income taxes for workers. 2024 will see a bevy of…
No matter where entrepreneurs decide to start a business, they face a variety of taxes and regulations that cut into the bottom line from the get-go. For a start-up in particular, there are a handful of states where the negatives…
The last few months of weather's taken a toll on homes and businesses in many parts of the country. To lighten the load a bit, the IRS granted tax-filing extensions for counties in states like California and Florida. Taxpayers in…
The worst of the COVID-19 shutdown measures and George Floyd riots peaked less than three years ago. But the effects continue to rattle state governments. Traditionally blue states are losing taxpaying residents and red states are welcoming them in. Democrat…
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 &…
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…
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…
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…
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…
