TaxConnex

AUGUST 25, 2022

Even in states without a tax of their own, like Alaska and Colorado, locally administered sales tax can be a nightmare for remote online businesses. Audits are a clear danger. If you and your company haven’t been hit with a sales tax audit yet, congrats. Not someone who will ask you to take a number and wait for a response.

Sales 165

Sales Tax audit Alaska 165

TaxConnex

SEPTEMBER 28, 2022

More than 10,000 nationwide, and still counting – even in Alaska , which has no state-wide sales tax, jurisdictions are banding together to make online businesses collect and remit local sales tax.). This amount, plus penalty and interest, would be expected of you in the case of an audit. How is technology being taxed?

South Dakota 204

South Dakota Alaska Tax Sales 204

MyIRSRelief

MAY 24, 2023

EAs can also represent taxpayers before the IRS in audits, appeals, and collection proceedings. Tax lawyers can help you with a variety of tax issues, including: Audits Appeals Collection proceedings Criminal tax matters If you are facing a complex tax issue, it is important to seek help from a tax lawyer.

North Carolina 147

North Carolina Oklahoma Ohio Tax 147

MyIRSRelief

MAY 24, 2023

EAs can also represent taxpayers before the IRS in audits, appeals, and collection proceedings. Tax lawyers can help you with a variety of tax issues, including: Audits Appeals Collection proceedings Criminal tax matters If you are facing a complex tax issue, it is important to seek help from a tax lawyer.

North Carolina 130

North Carolina Oklahoma Ohio Tax 130

TaxConnex

FEBRUARY 16, 2023

Companies struggle to keep up with the ever-changing tax rules across state, county and city jurisdictions including states like Alaska, Illinois, Colorado and others with locally administered taxes. Again, most companies (57%) use internal resources to calculate the amount of sales tax to add to their invoices. Manual, cumbersome processes.

Sales 130

Sales Tax Alaska Missouri 130

TaxConnex

DECEMBER 1, 2022

The plaintiffs have reportedly said that Louisiana’s patchwork sales tax compliance system is a labyrinth filled with audit traps and now say the case belongs in federal court because Wayfair was ultimately decided in the U.S. The five best are New Hampshire, Delaware, Montana, Oregon and Alaska – none of which have a state level sales tax.

Sales 130

Sales Tax Alaska Louisiana 130

TaxConnex

JANUARY 27, 2022

In Alaska , which has no state sales tax, communities continue to band together to enforce economic nexus and sales tax collection at the local level.) Can audits and stricter enforcement be far off? States are also taxing a broader base of items including Software-as-a-Service (SaaS) and digital advertising.

Sales 163

Sales E-commerce Tax Florida 163

CPA Practice

OCTOBER 18, 2023

Alaska: Fostering small business development Alaska is known for its support of small businesses. The state of Alaska offers various tax incentives and credits specifically designed for startups and small enterprises. If you’re ever audited, you’ll need proof to justify your tax decisions and payments.

business tax 59

business tax Tax Alaska South Dakota 59

TaxConnex

JUNE 22, 2023

Of the 45 states with a statewide sales tax, the most recent to institute economic nexus were Florida and Missouri ( NOMAD state Alaska might join them soon). See a history of sales tax here.) Part of the endless scramble comes from states and local jurisdictions setting – and frequently changing – their nexus thresholds.

South Dakota 130

South Dakota North Dakota Colorado Minnesota 130

TaxConnex

DECEMBER 22, 2020

Alaska municipalities banded together to administer local sales taxes on remote commerce in July. Illinois announced expansion of its Audit Fast Track Resolution Program to most sales and miscellaneous tax audits. Audits: They could be on the rise from among the thousands of tax jurisdictions in the U.S. Learn more here.

Sales 130

Sales Tax North Carolina Michigan 130

TaxConnex

MARCH 10, 2022

In many states – notably Alaska – local jurisdictions are intensifying enforcement of sales tax nexus through home rule and other new sales tax laws. Now that the pandemic helped them discover just how lucrative sales tax can be, states and jurisdictions are also intensifying sales tax investigations and audits.

South Dakota 188

South Dakota Sales Tax Maryland 188

PYMNTS

NOVEMBER 3, 2020

With the approval in Alabama, CORO is now available in the Apple App Store and Google Play store to residents in 13 states: Florida, Alabama, Arizona, Arkansas, Alaska, Delaware, Idaho, Montana, Massachusetts, Oregon, South Carolina, Washington State and Wisconsin. App users can trade in U.S.

Alabama 93

Alabama South Carolina Montana Idaho 93

Withum

SEPTEMBER 16, 2022

Alabama, Alaska, Arizona, Colorado, and Louisiana are “home rule” states which permit the municipalities or counties to govern themselves with certain restrictions. Also, many states are hiring more sales tax auditors to audit more companies and identify related vendors who may not comply with sales tax. Let’s Talk.

Sales 80

Sales Retail Tax South Dakota 80

TaxConnex

DECEMBER 29, 2022

Alaska pondered its first statewide sales tax while proposals for higher local sales taxes were headed to ballots in November and before. The plaintiffs claimed that Louisiana’s patchwork sales tax compliance system is filled with audit traps and that the case belonged in federal court because Wayfair was ultimately decided in the U.S.

Sales 130

Sales Tax Maryland Louisiana 130

inDinero Tax Tips

MARCH 2, 2023

As many IRS audits and prosecutions have shown, this is not the case. The following states have no state income taxes, and therefore no state capital gains taxes: Alaska Florida Nevada New Hampshire South Dakota Tennessee Texas Washington Wyoming Among the other 41 states, some are more favorable to capital gains than others.

Tax 98

Tax income tax South Dakota tax return 98

CPA Practice

MAY 18, 2023

Anum Mohsin (Alaska), a graduate of Karachi University with a Bachelor of Commerce and a Chartered Accountant from Institute of Chartered Accountants in England and Wales and Institute Chartered Accountants of Pakistan, is employed with Enovis Corporation in Houston, TX.

CPA 128

CPA institute of chartered accountants chartered accountant North Dakota 128

inDinero Tax Tips

MARCH 2, 2023

As many IRS audits and prosecutions have shown, this is not the case. The following states have no state income taxes, and therefore no state capital gains taxes: Alaska Florida Nevada New Hampshire South Dakota Tennessee Texas Washington Wyoming Among the other 41 states, some are more favorable to capital gains than others.

Tax 52

Tax income tax South Dakota tax return 52

TaxConnex

MARCH 21, 2024

It did, but the South Carolina Department of Revenue later audited Amazon and found that it had failed to adequately tax sales by third-party merchants. The five states with the lowest average combined rates are (the still technically NOMAD state of) Alaska (1.82%) as well as Hawaii (4.5%), Wyoming (5.44%), Maine (5.5%) and Wisconsin (5.7%).

South Carolina 195

South Carolina Sales Tax Alabama 195

Going Concern

APRIL 1, 2024

Related to this I suppose, Alaska Public Media did a story on the city of Anchorage having some municipal audit problems : A long overdue financial audit of Anchorage’s bookkeeping may keep the city from getting tens of millions of dollars in grant money. This applies not just to audits but to other services as well.

Account 100

Account accountant accounted audit 100

TaxConnex

JANUARY 28, 2021

Alaska’s sales tax collected from online sales into Alaska (in certain local jurisdictions) have helped remote communities balance lost local taxes, news reports say. The Texas Comptroller has posted FAQs on its website regarding post- Wayfair obligations for remote sellers, marketplace sellers and marketplace providers.

Sales 149

Sales Tax Alaska Illinois 149

PYMNTS

MARCH 5, 2018

Masterpass QR opens up new commerce channels for these merchants and enables them to create auditable transaction records. And as it turns out, the answer is yes, on a very limited basis: Kroger sells guns at 43 of its 133 Fred Meyer locations in Alaska, Idaho, Oregon and Washington -—now only to people over the age of 21.

Sports 43

Sports Idaho Alaska Oregon 43

CPA Practice

JUNE 1, 2023

Anum Mohsin (Alaska), a graduate of Karachi University with a Bachelor of Commerce and a Chartered Accountant from Institute of Chartered Accountants in England and Wales and Institute Chartered Accountants of Pakistan, is employed with Enovis Corporation in Houston, TX.

institute of chartered accountants 111

institute of chartered accountants chartered accountant North Dakota Wisconsin 111

CPA Practice

MARCH 9, 2023

Those six Republicans senators were Bill Cassidy (Louisiana), Susan Collins (Maine), Charles Grassley (Iowa), Lisa Murkowski (Alaska), Thom Tillis (North Carolina), and Todd Young (Indiana). The IRS and Democrats have attempted to reassure Americans that the additional audit activity will affect only those making $400,000 or more.

West Virginia 59

West Virginia North Carolina Iowa Alaska 59