CPA Practice

JANUARY 17, 2023

Supreme Court decision in South Dakota v. which enabled states to implement economic nexus laws, businesses continue to discover, sometimes through painful audits, that they have unaddressed tax obligations. Wayfair, Inc.,

Technology 98

Technology Sales Tax South Dakota 98

SkagitCountyTaxServices

NOVEMBER 17, 2021

Well, that’s when our high court agreed with the state of South Dakota, which had long claimed that Wayfair owed sales tax from tons of transactions in that state. Think “sales tax audit,” “fines,” or worse. Padgett & Padgett, PLLC CPA. Your next steps with the sales tax nexus. 360) 424-1040.

South Dakota 52

South Dakota Sales Tax E-commerce 52

CPA Practice

OCTOBER 18, 2023

However, on June 21, 2018, the Supreme Court of the United States overruled the physical presence requirement in its decision in South Dakota v. For others, we only handle filing in troublesome states that use up the most time and create the most audit risk. It used to be based on physical presence alone. Wayfair, Inc.

Sales 59

Sales South Dakota Tax Missouri 59

CPA Practice

OCTOBER 18, 2023

South Dakota: A business-friendly environment South Dakota has gained recognition for its business-friendly policies and tax advantages. If you’re ever audited, you’ll need proof to justify your tax decisions and payments. Florida also provides tax breaks and incentives for startups.

business tax 59

business tax Tax Alaska South Dakota 59

CPA Practice

MAY 17, 2023

The exceptions to that rule are Delaware, Hawaii, Illinois, Iowa, Minnesota, New Hampshire, New Jersey, New York, North Dakota, Ohio, Pennsylvania, and South Dakota. You’ll spend less time buried in spreadsheets and end up with a returns process that can be readily audited.

South Dakota 106

South Dakota North Dakota Real Estate Washington 106

PYMNTS

MARCH 15, 2019

In January, reports said CPAs had urged the Internal Revenue Service (IRS) to further clarify the rules , despite having issued previous guidelines to address some of the uncertainty. “There’s a lot of conflicting advice out there,” said RLB Accountants CPA Jeffrey Berdahl in an interview with the publication at the time.

Tax 77

Tax Account accountant accounted 77

CPA Practice

FEBRUARY 16, 2023

Supreme Court decision in South Dakota v. They don’t compete with their clients’ accounting and tax firms, but instead work with them to provide the most accurate data possible; they get things CPA-ready. So many businesses are still noncompliant and would be hit hard by a sales tax audit. In the five years since the U.S.

Sales 52

Sales Tax South Dakota bookkeeping 52

CPA Practice

JULY 28, 2023

The digital economy has caused an incredible shift in how jurisdictions create, administer, remit and audit indirect taxes. By Michael Bernard and George Salis. Over the last decade, businesses, governments, regulators and policy makers have all been trying to make sense of this new retail landscape.

Maryland 52

Maryland Tax Virginia West Virginia 52