TaxConnex

SEPTEMBER 7, 2023

Nonprofits are often thought to be exempt from sales taxes, but is that correct? Other stats say more than 2 million charities exist that are tax-exempt according to Internal Revenue Service rules. Are non-profits exempt from sales tax obligations? These same organizations are not necessarily exempt from sales tax.

Sales 147

Sales Tax Non-Profits North Carolina 147

ThomsonReuters

JULY 10, 2023

Jump to: What is sales tax? What is use tax? Sales tax vs. use tax Summary Calculating, collecting, and reporting sales tax and use tax can get complicated as a business grows, and it can be easy to confuse these two types of indirect taxes. What is sales tax?

Sales 97

Sales Tax Arizona Georgia 97

TaxConnex

DECEMBER 14, 2021

There’s always something changing in the world of tax, especially sales tax. Blue bayou: Sales tax won’t be getting simpler in Louisiana any time soon. Colorado voters in the city of Littleton have passed a 0.75% hike in the city's sales tax, the first increase in the tax in nearly half a century.

Sales 177

Sales Kansas Tax Iowa 177

CPA Practice

JULY 18, 2023

Worldwide retail ecommerce sales could reach $6.169 trillion in 2023 and comprise 22.3% of total retail sales. If you’re part of that rising tide, you need to know how to tax shipping and delivery charges. A combined charge for shipping and handling may be taxed differently from separate charges for shipping and handling.

Sales 98

Sales Retail Tax West Virginia 98

TaxConnex

APRIL 19, 2022

Sales tax has a universe of changing conditions. What are the sales tax ramifications? has possibly the most complex sales tax regime. Each state sets its own sales tax rules, often with widely varying approaches. Each state sets its own sales tax rules, often with widely varying approaches. Enter taxes.

Sales 185

Sales Tax Colorado New Jersey 185

CPA Practice

APRIL 19, 2024

By 2027, marketplaces may account for 59% of ecommerce globally. The success of online marketplaces is inspiring many retailers to operate marketplaces of their own. But running a marketplace also brings unique tax and compliance challenges. They all face different tax compliance obligations and challenges.

Tax 59

Tax Wyoming Alaska Louisiana 59

PYMNTS

OCTOBER 28, 2019

Wayfair’s case enabled cities and states to pass economic nexus laws that require out-of-state sellers to collect and remit taxes on local residents’ sales, and it permitted these jurisdictions to implement marketplace facilitator laws necessitating that eCommerce platforms collect and remit taxes on third-party merchants’ sales. .

South Dakota 42

South Dakota Retail Arizona income tax 42