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Sales Tax Issues for Online Retailers

Withum

This landmark decision attempted to level the playing field between brick-and-mortar and remote online retailers. . While cities and counties have their own sales tax rate in many states, most cities and counties follow the taxing rules of their home state. Simplifying the Sales Tax Rules. Compliance Complexities.

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5 Common Sales Tax Mistakes That Can Put You At Risk for Non-Compliance

TaxConnex

Make sure you aren’t making these common mistakes to ensure you have sales tax in order and aren’t at risk for penalties and fees in the case of an audit. Taking your customers’ word that they are exempt will not help you during an audit. And penalties associated can start at 25% of tax liabilities.

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When do I have to start collecting out of state sales tax? Part 2

TaxConnex

is a business or organization that contracts with third parties to sell goods and services on its platform and facilitates retail sales. Destination and origin rules Sales tax is usually calculated by the destination. Taking your customers’ word that they are exempt will not help you during an audit.? economic nexus laws.

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Professionals on the Move – Nov. 2023

CPA Practice

Bookkeep Names Accounting Veteran Alison Ball as Vice President of Marketing and Communications Bookkeep, the leading accounting automation platform for ecommerce and retail, today announced the hiring of Alison Ball as Vice President of Marketing and Communications. The new Partners include: Robert J.

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Professionals on the Move – August 2023

CPA Practice

The new promotions touch the firm’s offices in both Pittsburgh and Columbus, and they reach across several areas of the firm’s service offerings, including the firm’s Tax, Audit and Consulting practices, as well as the Merger and Acquisitions/Transaction Advisory practice. Deatrick joined the firm in 2009.

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Promotion Watch ’24: Moss Adams Adds 20 Partners to the Roll

Going Concern

Tax Credits & Incentive Services). Antonache manages federal and state tax consulting and compliance matters related to incentives for renewable energy development. Krzyznieski manages financial statement audits and consulting engagements for publicly traded and privately held companies in the financial services industry.

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Common Challenges: Brewery Research and Development Tax Credit

Withum

Calculating the use tax liability can be challenging, as breweries may need to determine the fair market value of the items at the time of distribution, which may require reasonable estimation based on their cost, retail value, or other relevant factors.

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