CPA Practice

JULY 31, 2025

“This isn’t the federal voucher program we were worried about five years ago,” said Jon Valant, a senior fellow in governance studies at the left-leaning Brookings Institution who testified before Congress on earlier versions of the bill. ” The final law gives states wide discretion, he said.

Arizona

CPA Practice

OCTOBER 22, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions. million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions.

payroll

TaxConnex

SEPTEMBER 10, 2024

Why do the states with sales taxes have such a range, from the high combined state and local taxation (pushing 10%) of Louisiana, Tennessee, Arkansas and Washington to the lows of Alaska , Wyoming and Maine. The federal income tax has just seven brackets to cover the whole span of what somebody can make.

Rhode Island

TaxConnex

JULY 20, 2021

Home rule jurisdictions are granted the authority by certain states’ constitutions to pass laws to self-govern. The Tax Foundation goes on to state “In Alaska, Colorado, and Louisiana, this issue is compounded by the additional challenge of divergent tax bases, where different jurisdictions tax different baskets of goods and services.”

Sales

TaxConnex

JANUARY 18, 2024

Louisiana and South Dakota, for instance, have repealed their 200-transaction thresholds (Louisiana’s repeal took effect last Aug. Of Alaska’s 162 municipal governments, approximately 110 already levy some variety of sales tax.) 1 and South Dakota’s took effect last July 1).

South Dakota

CPA Practice

SEPTEMBER 13, 2024

The Internal Revenue Service is offering tax deadline relief for individuals and businesses in the entire state of Louisiana, affected by Tropical Storm Francine that began on Sept. This means that individuals and households that reside or have a business, anywhere in Louisiana, qualify for tax relief. 10, 2024, through Feb.

Louisiana

TaxConnex

JULY 15, 2022

In Louisiana, a federal court has dismissed a lawsuit seeking to overturn the state’s decentralized sales tax collection system, saying it was filed in the wrong venue. Louisiana does not have a single statewide sales tax collector; local taxing authorities mostly oversee their own collections. No simple answer.

Wisconsin

TaxConnex

SEPTEMBER 26, 2023

Who the customer is and what they’ll use the TPP for can create a sales tax exclusion, too, such as when selling to a church or government agency. Examples of states with home rule are Alabama, Louisiana, Illinois, Colorado and Alaska. Louisiana home-rule locations largely follow their state-wide tax treatment for TTP.

Sales

TaxConnex

AUGUST 27, 2024

Many states include home-rule jurisdiction adjustments, but some of the more confusing ones are Alaska, Louisiana, and Colorado, among others. One of the tougher states Colorado has always been one of the more difficult states when it comes to managing sales tax.

Colorado

TaxConnex

JUNE 16, 2022

Nevertheless, the Foundation concluded in its 2012 article, “local governments should not expect easy revenue from pursuing such claims.”. Yet just recently the Louisiana Court of Appeals determined that OTCs do not owe local sales tax on the fees they charge to their customers but the hotels in question do. Traveling overseas?

Louisiana

PYMNTS

JULY 28, 2019

Louisiana has declared a state of emergency after a series of cyberattacks impacted three of the state’s school districts. The attacks shut down the districts’ phones, as well as locked and encrypted files and computer equipment in school districts in Sabine, Morehouse and Ouachita parishes in North Louisiana. As a result, Gov.

Louisiana

TaxConnex

JULY 30, 2024

Home rule ” localities’ tax jurisdictions in such states as Alabama and Colorado have their own nexus requirements, as do those in Illinois (Chicago) and Louisiana (parishes). Exemption certificates are generally either entity-based (resellers, not-for-profits, federal and some state government agencies) or product-based.

South Dakota

TaxConnex

OCTOBER 3, 2023

Times : “Next week’s installment of Connecticut’s annual suspension of sales taxes on clothing and shoes may be a reminder that government is very good at bribing people with their own money.” Effective next Jan. Effective next Jan.

Sales

TaxConnex

DECEMBER 14, 2021

Blue bayou: Sales tax won’t be getting simpler in Louisiana any time soon. Reports added that Halstead Bead is represented by “several small-government, right-leaning groups.”. There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent changes and updates. State updates.

Sales

TaxConnex

MAY 27, 2021

These can include certain charities, churches and religious organizations, education organizations, government/political organizations, trade organizations and others. Entity-based: Some entities that are not resellers of goods may also be exempt from sales tax. Why exemptions matter.

Sales

TaxConnex

FEBRUARY 9, 2023

States aren’t the only ones who can complicate your life with sales tax: Local governments want to play their part, too. This is prevalent in Alabama, Colorado, and Louisiana. Louisiana is similar to Alabama, however, in Louisiana there are different tax rates that apply at the local level rather than the single rate in Alabama.

Sales

TaxConnex

JANUARY 4, 2024

Added another critic, in August, “Next week’s installment of Connecticut’s annual suspension of sales taxes on clothing and shoes may be a reminder that government is very good at bribing people with their own money.” This year, South Dakota eliminated its 200-transaction economic nexus transaction threshold, as did Louisiana’s threshold.

Sales

TaxConnex

JUNE 21, 2022

Those governments jumped the on chance for such big revenue – and continue to do so. An Arizona company, for instance, sued Louisiana for that state’s patchwork “compliance nightmare” in what many regard as the business’ first major counter-assault on the burdens of nationwide yet diverse economic nexus. What a 48 months it’s been.

South Dakota

TaxConnex

NOVEMBER 16, 2021

The explosive growth of online sales means that state and local governments are searching for ways to recoup the tax revenue that they have determined they are owed. These states include New Jersey, Illinois, New York, Nevada, Louisiana, Maine, Kansas, Iowa, and Rhode Island. Click-through laws are in effect in 20 states.

South Dakota

PYMNTS

JULY 4, 2019

Only it was July 4, 1803 — better known as the Independence Day that the Louisiana Purchase was announced. A Brief History Of The Louisiana Purchase — And Its Associated Payments Problems . Adjusted for inflation, the contemporary value of the Louisiana Purchase was around $340 million. What A Louisiana Purchase Will Buy Today.

Louisiana

TaxConnex

OCTOBER 25, 2022

Auditors reported problems with the Louisiana Sales and Use Tax Commission for Remote Sellers. The exemption included no requirements that would have benefited local governments. Arkansas , Massachusetts , New York , Texas and Tennessee were among states that recently beat year-over-year or projected sales tax revenues. Blue bayou.

South Dakota

TaxConnex

DECEMBER 1, 2022

Halstead Bead , a small craft and jewelry wholesaler, has filed an appeal with the Fifth Circuit in the ongoing challenge to Louisiana’s sales tax system, which requires remote sellers to comply with local tax laws for 63 parishes. Total sales tax revenue for the three months ending in September was up 14.9%

Sales

CPA Practice

MAY 22, 2024

His professional career started as a practicing CPA in Louisiana, becoming a CPA firm partner at 25 years old, before leading the Society of Louisiana CPAs and being appointed CEO of AICPA. He has advocated on behalf of the profession with regulators and government officials to build trust in capital markets.

Louisiana

TaxConnex

MARCH 30, 2023

As with current sales taxes in many states, exemptions will exist for used and intangible property, property or services purchased for business, export, or investment purposes and for state government functions. Sales taxes today have constituted about 18% of states’ tax revenue – likely to rise as eCommerce continues expanding.

Sales

CPA Practice

SEPTEMBER 13, 2023

Celebrating its 100 th birthday in 2023, the Arizona Society of CPAs works to create opportunities for its members, while working to promote the interests of Arizona CPAs with governments and regulatory agencies and organizations. He has held CEO-level positions for a number of other professional service and trade associations.

Arizona

TaxConnex

DECEMBER 29, 2022

Government Accountability Office of just how well states had done since Wayfair four years before: 33 states had reported $23 billion in remote sales tax revenue in 2021. In Louisiana, a federal court dismissed a lawsuit seeking to overturn the state’s decentralized sales tax collection system, saying it was filed in the wrong venue.

Sales

PYMNTS

SEPTEMBER 24, 2020

“The current picture suggests that growth has slowed sharply in the past three months, and that the labor market is stalling again in the face of rising infections and the sudden ending of federal government support to unemployed people,” Ian Shepherdson, chief economist for Pantheon Macroeconomics, a U.K.-based

Louisiana

TaxConnex

AUGUST 4, 2022

Laws governing marketplace facilitators popped up when states saw that platforms were charging sales tax on the sale of their own or certain third-party sales but not on all sales. Recently Hawaii, Texas, Wisconsin, Illinois, Michigan, Iowa, Louisiana and North Carolina added laws. Well-known examples include Amazon, eBay and Etsy.

Wisconsin

CPA Practice

FEBRUARY 6, 2024

Sales tax centralization Remote sellers have contended that sales tax compliance is particularly difficult in states such as Colorado and Louisiana due to the different sales and use tax administration requirements in numerous local jurisdictions. Unclaimed property legislation In 2023, the U.S. Supreme Court issued a decision in Delaware v.

South Dakota

TaxConnex

DECEMBER 22, 2020

Georgia, Louisiana, and Michigan required marketplace facilitators to collect and remit sales tax. By September, Alabama called rising pandemic-related online shopping a “life saver” for the state’s municipal governments. Some for the better as many online businesses have seen positive growth in 2020. Even so, sales tax moved forward.

Sales

PYMNTS

MARCH 10, 2020

The Chinese government said that it is using this technology to identify citizens who have violat ed quarantine. Hong Kong-based developer SenseTime recently launched a new system that can identify these individuals via thermal imaging, identifying them based solely on their foreheads. But the U.S.

Louisiana

CPA Practice

OCTOBER 12, 2023

Copies of the seller’s permit and certificate of registration must be given to the California Department of Justice as well as the licensing authority of applicable city and/or county governments. Some states also impose a fee or special tax on guns, ammo, or related items.

California

Cherry Bekaert

AUGUST 9, 2024

Refundable Credit Louisiana Ad Valorem Credit – Louisiana provides a tax credit against the Corporate Income and Franchise Tax to manufacturers, distributors and retailers equal to 100% of the property tax paid on inventory. Excess credits are not refundable and cannot be carried forward.

Manufacturing

CPA Practice

APRIL 3, 2024

The following is how the states rank by overall tax burden, with No. 1 being the highest and No. The following is how the states rank by overall tax burden, with No. 1 being the highest and No.

Rhode Island

TaxConnex

OCTOBER 8, 2024

Louisiana Department of Revenue: Direct to fact sheets, forms (including direct marketers’), FAQs and more. Texas Comptroller: “Refunds” come up first, along with a primer for the state’s local governments. There’s also a localities’ rate guide for 2016.

Sales

CPA Practice

APRIL 9, 2024

The following is how the states rank by overall tax burden, with No. 1 being the highest and No. The following is how the states rank by overall tax burden, with No. 1 being the highest and No.

Rhode Island

PYMNTS

OCTOBER 13, 2016

. “It’s absolutely outrageous that whistleblowers contacted OSHA as early as 2009 about potential fraud at Wells Fargo, and yet these government bureaucrats failed to do their job,” Sen. David Vitter, a Louisiana Republican who has been looking into the scandal’s impact on SMB owners, told Reuters.

Louisiana