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Alaska moves toward statewide sales tax

TaxConnex

Mike Dunleavy is reportedly preparing to introduce a sales tax as part of a long-term budget plan for the state. Five states don’t have a statewide sales tax: New Hampshire, Oregon, Montana, Alaska and Delaware (aka the “NOMAD” states). Vermont was the last state to adopt a sales tax, in 1969.

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The latest on sales tax on shipping charges (part 1)

TaxConnex

Online sales could not exist without shipping, and the charges associated with shipping are subject to sales tax in many states. Question is, who has to pay that sales tax these days, and where? For sales tax purposes, you’ll see reference to “shipping,” “shipping and handling” (Arizona taxes these two, for instance) and “delivery”.

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What’s new in sales tax?

TaxConnex

There’s always something changing in the world of tax, especially sales tax. New sales taxes are progressing in some states but not all. A Republican lawmaker recently introduced a bill that would create a 2% state sales tax as one part of a larger plan to close a revenue gap partially created by falling oil prices.

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Professionals on the Move: Feb. 2024

CPA Practice

Professionals on the Move is a round-up of recent promotions and staffing announcements from around the accounting and tax profession. Schneider Downs Boosts Tax Team Schneider Downs & Co., Hailey Adams , Tax Manager, has been in public accounting for over 9 years, primarily focusing on tax-exempt organizations.

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Professionals on the Move: Feb. 2024

CPA Practice

Professionals on the Move is a round-up of recent promotions and staffing announcements from around the accounting and tax profession. Schneider Downs Boosts Tax Team Schneider Downs & Co., Hailey Adams , Tax Manager, has been in public accounting for over 9 years, primarily focusing on tax-exempt organizations.

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Bookkeeping for Cabinetry Companies: 5 Reasons Why Bookkeeping Is Important

Steve Feinberg

Custom cabinetry companies don’t have the luxury of choosing jobs that aren’t profitable, but job delays, changing materials costs, and surprise tax issues can turn even simple contracts into time and cost-wasting nightmares. It all comes down to having the data on hand to justify your decision for the good of your company.