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What’s new in sales tax?

TaxConnex

The Court of Appeals of South Carolina has affirmed a state Administrative Law Court (ALC) finding that the online retail giant remains liable for eight figures in unpaid sales tax on third-party sales from 2016, interest and penalties. Here’s a review of some of the recent changes and updates. Amazon still liable. BOI oh boy.

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Does sales tax apply to memberships?

TaxConnex

In South Carolina, membership fees to for-profit gyms can be exempt if the gym has aerobics/calisthenics, weightlifting or exercise, running tracks, racquetball and swimming pools. Ongoing discussions in Alaska to start a state-wide sales tax have pointed to taxing gym memberships as a service , not as goods.

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2024: What’s coming up in sales tax

TaxConnex

Weaker state revenue The kind of year it’s going to be for state coffers could greatly influence such future sales tax trends as new levies, tougher nexus thresholds and intensifying audits. States expected to be hit hardest by falling sales tax revenue are Idaho, South Dakota, Louisiana, South Carolina and Florida.

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State Sales and Use Tax Update

TaxConnex

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 waiver does not apply to any accelerated return or payment of sales and use tax that may be due on Jan.

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CORO Global Brings Gold Payment App To Alabama

PYMNTS

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.

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AICPA Recognizes Top 2022 CPA Exam Performers with Elijah Watt Sells Award

CPA Practice

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.

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AICPA News – June 2023

CPA Practice

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.