TaxConnex

AUGUST 31, 2023

Since, every state with a statewide sales tax (and countless localities, especially in places like California and Alaska ) has enacted economic nexus laws, meaning e-commerce vendors of products and, increasingly, services must collect and remit sales tax and file sales tax returns with individual states.

Sales 228

Sales E-commerce Tax Alaska 228

TaxConnex

FEBRUARY 23, 2023

The American version Financing government has usually motivated creation of taxes in America. Not surprisingly, such a revenue source for state and local government (and drain for citizens and businesses) remains a political lightning rod. In more modern decades, Europe has largely elected to use a value-added tax ( VAT ).

West Virginia 130

West Virginia Sales Rhode Island Tax 130

TaxConnex

JUNE 21, 2022

Those governments jumped the on chance for such big revenue – and continue to do so. Among states without a sales tax, Alaska municipalities were banding together to administer local sales taxes on remote commerce. What a 48 months it’s been. Soon a congressional subcommittee met to discuss how Wayfair was hurting businesses.

South Dakota 184

South Dakota E-commerce Alaska Missouri 184

TaxConnex

SEPTEMBER 26, 2023

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. Examples of states with home rule are Alabama, Louisiana, Illinois, Colorado and Alaska. In what state – or even city, in the case of home-rule states – did the transaction occur.

Sales 201

Sales Tax South Dakota Colorado 201

TaxConnex

AUGUST 30, 2022

In some states, such as Colorado and even Alaska , home rule statutes might also apply.). Two years ago, the Streamlined Sales Tax Governing Board presented a web of definitions used to determine if Wisconsin was correct in a then-recent tax determination. Apps are specifically mentioned in the sales tax regs of D.C.,

Sales 188

Sales Tax Wisconsin Massachusetts 188

TaxConnex

DECEMBER 1, 2022

The five best are New Hampshire, Delaware, Montana, Oregon and Alaska – none of which have a state level sales tax. Alaska voters in Nome have repealed that city’s summer seasonal sales tax. State updates. Total sales tax revenue for the three months ending in September was up 14.9% compared with the same period a year ago.

Sales 130

Sales Tax Alaska Louisiana 130

TaxConnex

JUNE 22, 2023

Those governments jumped on the chance of such revenue and continue to do so. Government Accountability Office. 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). It’s been five years since the U.S.

South Dakota 130

South Dakota North Dakota Colorado Minnesota 130

TaxConnex

JANUARY 7, 2021

Some states like Alaska don’t have a general sales tax at all, but in that state localities are banding together to impose sales tax on products sold over the internet. Others use the Streamlined Sales Tax definition from the Streamlined Sales Tax Governing Board. Some states have no definition of “digital” product or goods.

North Carolina 239

North Carolina Technology Nebraska Alaska 239

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. In total, 39 states allow local governments to impose sales taxes, some of which can be quite substantial.

business tax 59

business tax Tax Alaska South Dakota 59

CPA Practice

FEBRUARY 9, 2024

Sports betting is illegal in Alabama, Alaska, California, Georgia, Hawaii, Idaho, Minnesota, Missouri, Oklahoma, South Carolina, Texas, and Utah. Remember that, like the federal government, most states tax income (including gambling winnings), although some states don’t allow deductions for gambling losses.

Gambling 122

Gambling Sports Tax South Carolina 122

TaxConnex

MAY 24, 2022

Sales tax nexus is the concept that enables state and local governments to require businesses to collect and remit sales tax on the products and services they sell. 1, and Alaska is working hard on the concept. Any way you handle it, sales tax is getting harder to properly, legally and completely comply with. Assessing your footprint.

South Dakota 185

South Dakota Sales Tax Retail 185

TaxConnex

SEPTEMBER 22, 2022

Sales tax on digital products was the subject of a white paper draft at the Multistate Tax Commission’s annual meetings in Anchorage, Alaska. In Colorado , the Denver City Council has proposed an amendment to the tax code exempting a new state delivery fee and other certain government fees from sales or use tax. Virtual reality.

Sales 130

Sales Tax Indiana Colorado 130

CPA Practice

OCTOBER 17, 2023

Taxpayers in nine other states without an income tax—Alaska, Florida, New Hampshire, Nevada, South Dakota, Tennessee, Texas, Washington, and Wyoming—are also eligible to participate in the pilot program. A free, government-run, online tax-filing system for taxpayers has been talked about as a possibility for many years.

tax return 116

tax return Tax South Dakota tax preparation 116

CPA Practice

JUNE 14, 2023

This provision of the Inflation Reduction Act will make it easier for local governments, tribes, territories, nonprofits, schools, houses of worship, and more to invest in clean energy, allowing them to save money, improve public health, and better serve their communities.” For tax years beginning after Dec.

Tax 85

Tax Alaska Manufacturing Tennessee 85

TaxConnex

JANUARY 27, 2022

Previous government pandemic relief efforts have fortified individual savings and allowed people to remain out of work longer, even as wages remain largely stagnant and potentially unappealing to would-be laborers. States are also taxing a broader base of items including Software-as-a-Service (SaaS) and digital advertising.

Sales 162

Sales E-commerce Tax Florida 162

TaxConnex

MAY 27, 2021

These can include certain charities, churches and religious organizations, education organizations, government/political organizations, trade organizations and others. Entity-based: Some entities that are not resellers of goods may also be exempt from sales tax. Why exemptions matter.

Sales 165

Sales Tax Connecticut Idaho 165

CPA Practice

APRIL 19, 2024

the New York State Department of Taxation and Finance) in most states, but in some home rule states, local governments may require remote businesses to register, remit, and file returns with the local tax administrator. Sales tax is administered by the state tax authority (e.g., But change takes time.

Tax 59

Tax Wyoming Alaska Louisiana 59

CPA Practice

MARCH 7, 2023

Not all states are equal when it comes to sales tax filing and remittance; some states have multiple filing schedules, some call for special reporting requirements, and some allow county governments to administer local taxes on top of state tax. Nearly 50 cities and boroughs in Alaska tax remote sales or direct-to-consumer alcohol shipments.

Sales 52

Sales Tax South Dakota Alaska 52

Withum

SEPTEMBER 16, 2022

Second, the government issued stimulus checks which pumped more spending money into the economy for those not hurt financially by the pandemic. Alabama, Alaska, Arizona, Colorado, and Louisiana are “home rule” states which permit the municipalities or counties to govern themselves with certain restrictions.

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. Government Accountability Office of just how well states had done since Wayfair four years before: 33 states had reported $23 billion in remote sales tax revenue in 2021. Conveniently popular’.

Sales 130

Sales Tax Maryland Louisiana 130

TaxConnex

JUNE 9, 2022

Early discussions bandied property taxes and temporary hikes in sales tax (Alaska doesn’t have a state-wide one). New York local government sales tax collections grew 21.1%, or $901 million, in 1Q22 compared with the same period last year, according to the state comptroller. Then the $6.2 million shortfall landed.

Sales 192

Sales Tax Colorado Massachusetts 192

ThomsonReuters

JULY 10, 2023

Sales tax vs. use tax Summary Sales tax, which is a consumption tax levied on the sale of goods and services, is an important source of revenue for governments at the state and local levels. Sales tax revenue is used to fund various government programs and services such as education, transportation, and healthcare. What is excise tax?

Sales 98

Sales Tax Michigan Washington 98

TaxConnex

DECEMBER 22, 2020

Alaska municipalities banded together to administer local sales taxes on remote commerce in July. By September, Alabama called rising pandemic-related online shopping a “life saver” for the state’s municipal governments. Bars, restaurants, hotels, retail establishments all felt the impact. Very few businesses were left unaffected.

Sales 130

Sales Tax North Carolina Michigan 130

PYMNTS

MAY 3, 2020

began to get its early actual data (as opposed to theoretical predictions) as Alaska, Georgia, North Dakota, South Carolina, Tennessee and Texas and all began lifting some of the stricter parts of the social distancing regulations to allow slightly more social mobility, according to CNN. But starting last weekend, the U.S.

Georgia 125

Georgia North Dakota South Carolina Alaska 125

PYMNTS

OCTOBER 23, 2020

The government first began investigating the prospect of allowing SNAP recipients to pay for their groceries online four years ago. Since then, the program has grown even further, and today Amazon accepts SNAP EBT in all states except Alaska, Arkansas, Hawaii, Louisiana, Maine and Montana.

Montana 78

Montana Hawaii Alaska Arkansas 78

ThomsonReuters

FEBRUARY 14, 2022

Note that the following states do not have a state income tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming. . Check out the Quick Reference Chart ¶17,060 which summarizes state law provisions that govern the wage payment for deceased employees. State withholding.

payroll 98

payroll South Dakota New Hampshire Wyoming 98

PYMNTS

JUNE 24, 2019

However, the equipment was seized in Alaska by the U.S. government, and no decision has been made about whether a license is required to ship it. government is looking to ease. government has provided no evidence to show that Huawei is a security threat. will hurt the lead the company has built over the past two years.

Alaska 40

Alaska Legal California Government 40

inDinero Tax Tips

MARCH 2, 2023

The anonymous and decentralized nature of blockchains have led many to believe their crypto trades are hidden from the government. If you don’t, you’re subject to the same civil and criminal liabilities for not reporting capital gains. As many IRS audits and prosecutions have shown, this is not the case.

Tax 98

Tax income tax South Dakota tax return 98

ThomsonReuters

MARCH 11, 2021

The regular federal per diem rate method uses location-specific rates set by the federal government for its civilian employees. The rates for Alaska, Hawaii, and Puerto Rico are set by the Defense Department. The rates for travel within the continental United States are available on the website of the General Services Administration.

Expense Reimbursements 59

Expense Reimbursements Tax Hawaii Alaska 59

PYMNTS

DECEMBER 26, 2019

Easing tax compliance helps governments and retailers alike. That would ease third-party sellers’ compliance work, and would mean government officials could monitor fewer entities, focusing on a handful of marketplaces rather than thousands of individual sellers. Around The Next-Gen Sales Tax Wor ld.

Tax 52

Tax South Carolina Alaska Louisiana 52

PYMNTS

MAY 22, 2017

This follows lawmakers in states such as New York and Alaska, who have passed similar measures that take some leverage away from local governments when it comes to regulating ride-hailing services.

Texas 40

Texas Alaska New York Government 40

ThomsonReuters

APRIL 9, 2021

The federal government will be funding continuing coverage with employers claiming the reimbursement as a payroll tax credit, much like under ARRA, through Form 941. The following states do not have laws regarding continuing coverage of any kind: Alaska, Idaho, Indiana, Michigan, Montana, and Nevada (repealed).

Hawaii 98

Hawaii payroll tax South Dakota payroll 98

PYMNTS

OCTOBER 8, 2016

But, studies done over the last 10 -20 years have found that earthquakes in California and Alaska helped spur economic activity there, and that countries with more hurricanes and storms tend to see higher rates of growth. On Good Friday 1964 Alaska suffered the worst Earthquake in U.S.

Alaska 74

Alaska Florida Michigan California 74

Withum

JULY 26, 2023

Generally, entities that can make a direct-pay election include tax-exempt organizations, State or political subdivisions, local governments, Indian tribal governments, Alaska Native Corporations, the Tennessee Valley Authority, rural electric co-ops, U.S. Once an election is made to transfer a credit, it is irrevocable.

Tax 52

Tax tax return Alaska Tennessee 52

inDinero Tax Tips

MARCH 2, 2023

The anonymous and decentralized nature of blockchains have led many to believe their crypto trades are hidden from the government. If you don’t, you’re subject to the same civil and criminal liabilities for not reporting capital gains. As many IRS audits and prosecutions have shown, this is not the case.

Tax 52

Tax income tax South Dakota tax return 52

Snyder

FEBRUARY 12, 2023

Payroll taxes are generally calculated as a percentage of an employee’s gross wages and are paid to the government on a regular basis, such as quarterly or annually. It’s a tax imposed by the federal government, and it’s typically paid by the employer each quarter. They’re paid quarterly to the federal government.

payroll tax 52

payroll tax payroll Tax income tax 52

TaxConnex

JULY 20, 2021

Home rule jurisdictions are granted the authority by certain states’ constitutions to pass laws to self-govern. One of the most recent headline locales for home rule is Alaska , where local jurisdictions have formed the Alaska Remote Seller Sales Tax Commission to administer the collection and remittance of local sales tax.

Sales 173

Sales Alaska Louisiana Tax 173