ThomsonReuters

JULY 10, 2023

They are an important source of revenue for the government and every state with a sales tax also imposes use tax. This is meant to prevent state residents from avoiding the sales tax by purchasing their goods online. The rate of sales tax varies by location, with different states and localities having their own rates.

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Snyder

JUNE 17, 2022

Sales tax can be complicated to calculate, as it varies from country to country and even from state to state. In the United States, for example, sales tax is collected by the seller at the time of purchase and remitted to the appropriate state tax authority. Does Shopify Collect Sales Tax? Enabling Sales Tax in Shopify.

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Sales Tax E-commerce Non-Profits 52

ThomsonReuters

JUNE 15, 2022

In the middle of a busy legislative season, several states have made important changes in their tax code that practitioners across the nation will want to be aware of in order to service clients who may have multistate needs. Keep up with sales tax holidays using customizable State Charts from Checkpoint Edge! Code Ann. §

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Rhode Island Delaware Oklahoma Tax 105

ThomsonReuters

DECEMBER 13, 2021

Complying with sales tax obligations on a state level is more complex than ever. The South Dakota vs. Wayfair Supreme Court ruling marked a profound shift in the sales tax landscape for companies of all sizes doing business in the United States. Economic nexus thresholds bring complexity into indirect tax regulations.

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Tax Sales Technology South Dakota 52

ThomsonReuters

MARCH 15, 2021

This section was added after the American Jobs Creation Act of 2004 was signed into law and covers compensation arrangements, such as salary and bonus deferral arrangements, severance pay arrangements, taxable reimbursement arrangements, and certain in-kind benefits (i.e., American Rescue Plan Act (ARPA) gets signed into law.

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payroll Connecticut Massachusetts income tax 98

ThomsonReuters

OCTOBER 27, 2020

COVID-19 has greatly affected sales tax revenue with the states, because many brick and mortar retailers have been forced to close their locations, either temporarily or permanently, based on the economic effects of the virus. Physical presence is not the relevant standard anymore for nexus.”

CPA 40

CPA South Dakota income tax Tax 40

ThomsonReuters

OCTOBER 20, 2020

In some states, for example, a single employee working in the state can trigger sales and use tax collection obligations for their employer, even if the company does not have any other physical presence in the state and its sales into the state do not trigger dollar or volume thresholds that would otherwise necessitate collection.

South Dakota 40

South Dakota Sales Tax Rhode Island 40

ThomsonReuters

MARCH 8, 2021

Back on February 22, 2021, the United States reached a grim milestone of 500,000 deaths due to COVID-19. The somber event was memorialized by President Joe Biden at the White House who noted on February 11, 2021 that getting the United States vaccinated will be one of the “most difficult operational challenges.”. State and Local News.

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