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What’s new in sales tax?

TaxConnex

There’s always something changing in the world of tax, especially sales tax. Johns County, Florida, received a $750 credit from Amazon after discovering that the marketplace facilitator had been overcharging her for sales tax for more than a decade, news reports said. New York state sales tax collections jumped 2.5%

Sales 147
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What's new in July for state sales and use taxes

TaxConnex

There’s always something changing in the world of tax, especially sales tax. State sales tax holidays fail to live up to the hype. in favor of conveniently popular yet ultimately ineffective sales tax holidays.”. Several states tinkered with their sales tax exemptions this summer. Iowa has modified its sales tax base.

Sales 130
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Alabama Promotes the Great Outdoors with Proposed “Adventure Awaits” Sales Tax Holiday

CPA Practice

There are currently two annual sales tax holidays in Alabama: A severe weather preparedness tax-free weekend in February and a back-to-school tax-free weekend in July. A new tax holiday will join them starting in 2025 should House Bill 257 become law: The twice-yearly Alabama Adventure Awaits sales tax holiday. By Gail Cole.

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How Might Subscription Commerce Look In 2029?

PYMNTS

Whereas a decade ago the businesses tended to ask questions about the basics such as payment gateways, today the sales talk is much more high-level. Proof of the growth and maturation of the subscription market comes from the clients Burkhart and his colleagues at Recurly speak with.

Gaming 40
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New Missouri Tax Credit Incentivizes Businesses to Hire Interns and Apprentices

Anders CPA

The credit will expire on December 31, 2029. If or when the tax credits exceed $1 million, then priority is given to the taxpayers who have been in business for less than five years, much like the recently reintroduced Missouri research and development (R&D) tax credit.

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Today In Data: Digital’s Growing New Frontiers

PYMNTS

Amazon saw strong gains and sales results in Q3, even if Q4 predictions failed to inspire. billion: Amazon North American sales in Q3. Doing more for customers – and doing better by the world – was an ongoing theme of the week, particularly as the holiday shopping season gets closer. billion: Value of the U.K. million.e.

Sales 64
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Luxury Fashion Brand Valentino Tries To End Manhattan Lease

PYMNTS

The advent of online shopping for high-end items, however, has made it more difficult for fashion houses as well as other merchants to support expensive rents at a times when sales have dropped at the Fifth Avenue spot for a number of luxury fashion labels.