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2024: What’s coming up in sales tax

TaxConnex

The new year will no doubt be another active one in sales tax. Weaker state revenue The kind of year it’s going to be for state coffers could greatly influence such future sales tax trends as new levies, tougher nexus thresholds and intensifying audits. But state sales tax revenues are projected to increase 1.7%

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What’s new in sales tax?

TaxConnex

There’s always something changing in the world of tax, especially sales tax. Johns County, Florida, received a $750 credit from Amazon after discovering that the marketplace facilitator had been overcharging her for sales tax for more than a decade, news reports said. New York state sales tax collections jumped 2.5%

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Monthly State Sales and Use Tax Update

TaxConnex

There’s always something changing in the world of tax, especially sales tax. There are currently five states with no state-level sales tax. Alaska has long heard rumblings of a statewide sales tax. First came the state’s Remote Seller Sales Tax Commission of municipalities banding together to tax sales.

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The Pandemic's Impact on Businesses and Sales Tax: An Update

TaxConnex

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.

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As Classic Video Games Turn Into Collectibles, Can eCommerce Keep Up?

PYMNTS

It seems that old-fashioned video games are that hot new item, assuming they are in pristine condition and come in factory packaging, according to a new report in The New York Times. The hottest investments are games for the Nintendo Entertainment System, which popularized characters like Link, Mega Man and Mario in the 1980s.”.

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Can Digital Upgrades Save Monopoly (And Other Board Game Classics)?

PYMNTS

And that means this is the time of year for board games to shine. Yes, board games. On the cusp of 2020, board games remain relevant, and may even be enjoying a renaissance. As one recent report stated , board game sales in the U.S. As one recent report stated , board game sales in the U.S.

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Hasbro To Acquire Entertainment One For About $4B

PYMNTS

In an all-cash deal, Hasbro will purchase Entertainment One for 3.27 Hasbro Chief Executive Officer Brian Goldner said, according to the report, “Hasbro will leverage eOne’s immersive entertainment capabilities to bring our portfolio of brands that have appeal to gamers, fans and families to all screens globally.”