article thumbnail

Increasing Scrutiny on States’ Sales Tax Compliance

CPA Practice

By Lauren Stinson Since the South Dakota v. Wayfair ruling more than five years ago, economic nexus has remained as a huge factor for sales tax implications. In-state companies were at a disadvantage of having to charge sales tax when most online sellers did not. Prior to the South Dakota v.

article thumbnail

Shrinking the Delaware Tax Loophole: Other U.S. States to Incorporate Your Business

inDinero Tax Tips

Delaware incorporated entities that owe $5,000 or more in franchise taxes must make estimated quarterly payments in progressively smaller amounts. Delaware Requirement: Due Date: State of Delaware Corporate Income Tax Return: Form 1100 or Form 1100EZ. Final payment on the remaining balance of franchise tax over $5,000 owed.