CPA Practice

FEBRUARY 9, 2024

Now, the District of Columbia and most states allow some form of online sports betting, while another nine states only allow retail sports betting. Sports betting is illegal in Alabama, Alaska, California, Georgia, Hawaii, Idaho, Minnesota, Missouri, Oklahoma, South Carolina, Texas, and Utah. Usually, the payer (e.g.,

Gambling 122

Gambling Sports Tax South Carolina 122

CPA Practice

APRIL 9, 2024

States continue to issue new fees, exemptions and tax holidays. State and local jurisdictions continue to implement more fees, including everything from environmental “green fees” and retail delivery service fees to fees on transactions within airport and entertainment or dining districts.

Sales 110

Sales Tax Minnesota Tennessee 110

CPA Practice

APRIL 25, 2024

States continue to issue new fees, exemptions and tax holidays. State and local jurisdictions continue to implement more fees, including everything from environmental “green fees” and retail delivery service fees to fees on transactions within airport and entertainment or dining districts.

Sales 52

Sales Tax Minnesota Tennessee 52

CPA Practice

APRIL 22, 2024

States continue to issue new fees, exemptions and tax holidays. State and local jurisdictions continue to implement more fees, including everything from environmental “green fees” and retail delivery service fees to fees on transactions within airport and entertainment or dining districts.

Sales 52

Sales Tax Minnesota Tennessee 52

TaxConnex

DECEMBER 29, 2022

Heading into the new year, state sales tax revenues were up coast to coast, often by double-digit percentages. online retail sales in the 2021 holiday season had jumped 11% over 2020 and you had the foundation set for a banner 2022 for eCommerce – and online sales tax. South Dakota rejected a proposal to cut the state sales tax.

Sales 130

Sales Tax Maryland Louisiana 130

CPA Practice

SEPTEMBER 6, 2023

In January 2022, Puerto Rico proposed treating NFTs like digital products for tax purposes. In May 2022, Pennsylvania announced that sales tax applies to the retail sale of an NFT representing taxable tangible personal property as well as the retail sale of an NFT that grants ownership or use of a taxable product or service.

Washington 121

Washington Pennsylvania Technology Tax 121

TaxConnex

SEPTEMBER 7, 2023

Definitions For Federal income tax purposes, according to the IRS , tax-exempt organizations include: Charitable: Organized and operated exclusively for religious, charitable, scientific, testing for public safety, literary, educational or other specified purposes. Washington State gives no blanket exemption to nonprofits.

Sales 147

Sales Tax Non-Profits North Carolina 147