The Rhode Island Department of Revenue (DOR) has issued an advisory informing sales tax permit holders that the Rhode Island Annual Sales and Use Tax Reconciliation Return (Form T-204R-Annual) will no longer be required for tax year 2023 and forward.
Sales Tax Best Practices for E-Commerce Businesses
In this blog post, we will explore some essential best practices for e-commerce businesses to successfully handle sales tax.
Sales Made to Canadian Residents but Delivered in Washington Are Subject to Tax
The Washington Department of Revenue (DOR) has issued guidance regarding the taxability of sales made to Canadian residents that are shipped to businesses in Washington for pickup by the Canadian residents.
South Dakota Releases Updated Fact Sheet for Sales Tax at Special Events
South Dakota has released an updated fact sheet with guidance for Special Event taxation through their website.
Wisconsin Increases Retailer’s Discount for Sales and Use Tax Returns
Wisconsin allows retailers to deduct a portion of the paid sales tax reported on a timely filed sales and use tax return, the retailer’s discount.
California Amends Requirement for Use Tax Registration
California has amended its legislation regarding registration for purposes of the state’s use tax, effective date is January 1, 2024.
North Carolina Online Retailer Files Complaint Against Accounting Firm Over Failure to Advise on Wayfair Nexus Implications
North Carolina-based online retailer lodged a complaint in North Carolina Business Court against their tax advisory firm.
Washington Provides Guidance on Taxability of Business Assets
The Washington Department of Revenue (DOR) has issued guidance regarding the taxability of sales of business assets.
Virginia Rates for Underpayment or Overpayment of Tax Will Increase for Q4 2023
For the period of October 1, 2023 through December 31, 2023, Virginia’s interest rates for the underpayment or overpayment of tax will increase to 10%.
Cleaning Company Owner Loses Ohio Responsible Party Appeal
In an appeal involving the listed owner (Daniel Biskind) of an Ohio cleaning company (Contract Cleaning LLC) regarding who was the responsible party for tax assessments issued for the period July-September 2016, the Ohio Board of Tax Appeals (BTA) affirmed the Ohio Tax Commissioner’s findings that Biskind was indeed the responsible party of the business.
How To: Determine Sales Tax Sourcing for Services
It’s daunting to figure out where you have sales tax obligations. And when you are a service provider, the responsibility grows even more complicated! If you have physical or economic nexus in the states that tax services across the country,…
New Mexico Gross Receipts Tax Rate Drops to 4.875% on July 1, 2023
Effective July 1, 2023, New Mexico’s state-level gross receipts tax rate is reduced from 5% to 4.875%, enacted by Gov. Michelle Lujan Grisham.
Louisiana To Shift Oversight of Local Sales Tax Filing System
Effective January 1, 2024, Louisiana has enacted legislation that will shift oversight of the state’s uniform local sales and use tax return and remittance system from the Louisiana Department of Revenue (DOR) to the Louisiana Uniform Local Sales Tax Board (Board).
Another Colorado Town Declared Home-Rule Municipality
In March 2023, Keystone voted to become a Home Rule Town with a Charter and to elect nine Charter Commission Members who draft the Charter.
Your Nexus Queries Answered: Unraveling the Top 3 Areas of Confusion
Ever since the Supreme Court released its decision in South Dakota v. Wayfair five years ago, we have been flooded with questions about economic nexus legislation and how it affects businesses across the country. Now that every state has added economic nexus legislation, every business must ask these questions!
The Rise of Retail Delivery Fees: Unveiling the Impact on Consumers
We are putting the Colorado Retail Delivery Fee center stage and diving into how its story has unfolded thus far.
Indiana Enacts Changes to Tax Exemption for Sales by Nonprofit Organizations
Indiana has enacted legislation that makes changes to the state’s sales tax exemption for sales of tangible personal property by nonprofit organizations.
Michigan Provides Guidance on Taxability of Delivery and Installation Charges
Effective April 26, 2023, delivery and installation charges are excluded from the “sales price” and “purchase price” for purposes of Michigan sales and use tax if conditions are met.
Oklahoma Updates Sales Tax Permit, Special Event, and Tax Lien Regulations
Oklahoma H.B. 2289 has changed provisions in three key areas: obtaining sales tax permits, organizing special events, and tax lien sales.
Key Sales Tax Updates Affecting the Mid-Atlantic
To help those with business operations in the Mid-Atlantic or those who make sales into Mid-Atlantic states keep up, we’re putting a magnifying glass on some of the key recent sales tax changes.
Arkansas Storm Victims Qualify for Tax Relief, Extended Federal Returns Deadline
The Internal Revenue Service (IRS) has issued a news release stating that Arkansas storm victims now have until July 1, 2023 to file various federal individual and business tax returns and make tax payments.
South Dakota Temporarily Lowers Sales Tax Rate
South Dakota is lowering its sales and use tax rate for four years under a bill signed into law by the governor. This house bill is reducing the rate from 4.5% to 4.2%. The reduced rate will be effective from July 1, 2023 – June 30, 2027.
Alabama Extends Filing Deadline for Taxpayers in Declared Disaster Areas
The Alabama Department of Revenue (ALDOR) is offering tax relief to Alabama taxpayers who reside or have a business in federally declared disaster areas in Alabama where damage was caused by severe weather in January.
Use Tax Accrual: Manual and Automated Options to Keep You Compliant
Decisions your suppliers make as they react to changes in where they are required to collect sales tax can greatly impact your relationship with them as a customer.