TaxConnex
MARCH 21, 2024
There’s always something changing in the world of tax, especially sales tax. 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. The ol’ one-two.
TaxConnex
MARCH 10, 2022
But what exactly is economic nexus – and, more importantly, have you kept up with its constant changes in the sales tax realm? Sales tax nexus is the connection your business has with a state or local taxing jurisdiction. that had a state-wide sales tax had enacted economic nexus. There’s obviously a lot to learn.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
TaxConnex
AUGUST 9, 2022
There’s always something changing in the world of tax, especially sales tax. State sales tax holidays fail to live up to the hype. in favor of conveniently popular yet ultimately ineffective sales tax holidays.”. Several states tinkered with their sales tax exemptions this summer. Holiday hucksterism? Path to simplicity.
TaxConnex
DECEMBER 29, 2022
New sources of tax revenue, old ones robust but sputtering in spots, tax holidays as political tools amid inflation: It’s been a year of new trends in sales tax. Almost three out of four respondents reported that online sales as a percentage of revenue had increased since 2019 – no doubt fueled by pandemic eCommerce. Add that U.S.
TaxConnex
AUGUST 19, 2021
In the fall of 2020, I published an article on how the sales tax picture is changing due to COVID-19. Now that we’re over a year into the pandemic, I wanted to provide an update on the sales tax landscape, what predictions have remained the same and what’s changed. Online’s share of total retail sales?blew Latest developments.
CPA Practice
JULY 28, 2023
The digital economy has caused an incredible shift in how jurisdictions create, administer, remit and audit indirect taxes. This has been playing out in Maryland over the last few years as the state has become a national litmus test for the legality of taxing companies based on their digital advertising revenue.
CPA Practice
JUNE 5, 2023
He received bachelor’s degrees in economics and in finance and accounting from the University of Maryland. She brings deep experience in leading finance organizations at high-growth SaaS companies through IPO and beyond and serves on both the board of directors and audit committees for public and private companies.
Expert insights. Personalized for you.
194 
Let's personalize your content