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…
Taxes
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…
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…
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.…
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…
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…
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…
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…
