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Sales tax and streaming services

TaxConnex

That could be a lot of sales tax revenue. Definition “Streaming services” comprises a range of digital products, at least for tax purposes. Some states have narrow definitions for sales tax purposes; others have broader ones. The delivery method can also affect sales tax.

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What’s new in sales tax?

TaxConnex

There’s always something changing in the world of tax, especially sales tax. The five-letter acronym stands for the states without a statewide sales tax – New Hampshire, Oregon, Montana, Alaska and Delaware – and two of those states might be leaving the group sooner than later. billion-plus from a 4% sales tax in FY25.

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Q-commerce and sales tax: the latest

TaxConnex

Q-commerce is also likely to start sparking long-term questions about sales tax. Tax treatment Q-commerce may seem futuristically fast, but its sales tax calculation remains the same so far as its older cousin e-commerce. There are 10,000-plus tax jurisdictions in the U.S.,

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IRS FIRE's going out for 2027 tax season

Accounting Today

EDT 1 Min Read Facebook Twitter LinkedIn Email Andrew Harrer/Bloomberg Tax year 2026 and filing season 2027 are the target date for retiring the Filing Information Returns Electronic, or FIRE, system. The IRS is encouraging tax preparers to complete their IRIS applications to begin transitioning for the 2027 season.

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Marketplace facilitators, holiday sales and tricky nexus

TaxConnex

But the season also offers a big danger for your company to ignite economic nexus in various states and create sales tax obligations, with selling through the likes of Amazon being one of the most complicated ways to do so. Cyber Monday wasnt far behind, as consumers looked to spend $13.2 billion, up more than 6% over 2023.

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Detroit CPA Sentenced for Federal Loan Fraud in Pennsylvania

CPA Practice

million in COVID-19 relief loans in Pennsylvania. million in COVID-19 relief loans in Pennsylvania. million in COVID-19 relief loans in Pennsylvania. million in COVID-19 relief loans in Pennsylvania has been sentenced, a federal official said. By Charles E. The judge also ordered him to pay $14.5 © 2025 Firmworks, LLC.

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Accounting is changing, and the world can't wait until 2026

Accounting Today

We must confront a critical question: If we continue to train accountants solely to file tax reports, are we truly equipping them for the challenges of todays world? All rights reserved. Yet, in many areas, accounting education stubbornly clings to outdated, overly technical models that fail to connect with the actual demands of the market.

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