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Can an eCommerce platform alone manage sales tax?

TaxConnex

Usually all retail sales of tangible personal property (TPP) are taxable, but many states have started to tax services. Who the customer is and what they’ll use the TPP for can create a sales tax exclusion, too, such as when selling to a church or government agency. Managing the process Calculating sales tax. Taxability.

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What's new in May for state sales and use taxes

TaxConnex

Voters will likely be asked this fall if they’re willing to increase the city’s 5% sales tax to 6% during the summer in exchange for exempting food from sales tax year-round. Beginning July 1, Colorado cities cannot charge out-of-state businesses for local licenses. Time for a renovation? Taking license. 25 this year.

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What's new in state sales and use taxes

TaxConnex

There’s always something changing in the world of tax, especially sales tax. Colorado will begin imposing a 27-cent fee on every retail delivery made by motor vehicle to a destination in the state, beginning July 1. Texas sales tax revenue for the three months ending May 2022 was up 15.7%

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Data Dive: The Yes, No, Gotcha! Edition

PYMNTS

The new service will allow consumers who filed their taxes using Credit Karma to take a $500-$1000 advance on their tax refund without an additional fee or charge. Funds can be deposited into a consumer’s account with 24 hours of the IRS accepting their fully filed tax return. attorney generals.

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