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States hit ‘Delete’ on some sales tax measures | TaxConnex

TaxConnex

Less than half the states currently have the transaction-based threshold,” reads the summary of North Carolina’s House Bill 228 (the bill progressed relatively quickly through the lawmaking process).

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Cookies, clicks and Wayfair: Why economic nexus started

TaxConnex

vs. North Dakota decision and decreed that physical presence in the internet age is no longer required to create nexus. Wayfair, Inc. et al that an out-of-state seller could establish nexus through economic e-commerce activity alone. In the case, SCOTUS actually overturned its 1992 Quill Corp.

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Exemption Certificate Expirations

TaxConnex

In other states, exemption certificates expire after set periods, such as one year in Alabama and three years in Connecticut, Illinois (where three years is the recommended update period for a resale certificate), Iowa and Louisiana.

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Most Say Pressure to Tip Has Gone Too Far, Poll Finds

CPA Practice

Alaska, Montana, North Dakota and Wyoming were excluded due to a lack of survey responses. The report, published Sept. 30, examined attitudes toward tipping and identified the kinds of businesses Americans were the least and most likely to add a gratuity, according to the travel and finance site. 30 to Sept. 5, Upgraded Points said.

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Transaction Thresholds: Vanishing Acts?

TaxConnex

A matter of numbers South Dakota – center of the Wayfair decision – recently eliminated its 200-transaction threshold; only those selling $100,000 or more into the state will be required to register, collect and remit sales tax. Thirteen economic-nexus states never had such thresholds.)

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More money available for Low-Income Taxpayer Clinics

Accounting Today

The IRS is particularly interested in applications covering Hawaii, Kansas, Nevada, North Dakota, South Dakota, West Virginia and Puerto Rico.

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How to register for states’ sales tax

TaxConnex

Some states do want security deposits (“bonds” in North Dakota ). Sales tax registration is usually free or remarkably cheap ( Arizona seems to like the amount $12) though Connecticut charges $100.

Sales 200