TaxConnex

JANUARY 2, 2025

Retail delivery fees started in Colorado in 2022, with a fee ( now 29 cents ) on every retail delivery made by motor vehicle to a destination in the state. Retailers, online marketplaces and services (almost all of whom were loudly unhappy with the RDF began) must charge the shipping fee.

Sales

TaxConnex

FEBRUARY 13, 2025

The Navajo Nation has a sales tax of 6% for all retail sales within The Navajo Nation. In FY24 the Commission collected $140 million in taxes, almost 21% more than projected and what one official attributed largely to sales tax, non-retail, primarily construction contracts and professional services.

Sales

ThomsonReuters

JANUARY 30, 2025

Responsibilities and liabilities for clients Clients, such as retailers, designers, and photographers, have specific responsibilities under the Act. . “Once a model’s likeness is published by the client that engaged their services, it could be used by third parties unknown to the MMCs or client,” Lopez reasoned.

New York

Going Concern

DECEMBER 5, 2024

TAX CANDIDATES FTE Tax Senior | Candidate ID #22391832 Certifications: CPA Education: BBA Accounting Experience (years): 20+ years accounting Work experience (detail): All in public accounting Led tax practice Trusts, Estates, Partnerships, S-Corps Review of team’s workpapers and preparation Client niches: Real Estate, Manufacturing Tech Stack: UltraTax, (..)

Real Estate

CPA Practice

NOVEMBER 27, 2024

Retailers expect to have instant, accurate tax calculations at the point of sale to meet customer expectations for seamless transactions. Implement resilient tax calculation systems Retail environments perfectly exemplify the critical need for resilient tax systems.

Tax

TaxConnex

NOVEMBER 14, 2024

They simply take orders and facilitate a retail sale and then buy from other suppliers. Though they might seem to be one transaction, drop shipments are really two: one transaction between the distributor and the retailer and another between the retailer and the end-user customer.

South Carolina

Reckon

NOVEMBER 5, 2024

For example, if your business operates in the retail industry, you need to know these things when rostering your workers on public holidays such as Boxing Day.

payroll

TaxConnex

OCTOBER 15, 2024

The customer will ask the retailer to ship the piece to them in another state, maybe a state like New Hampshire that doesn’t have a sales or a use tax. If the retailer agrees and the product is in fact boxed and shipped to New Hampshire, there’s a good chance that will be a transaction exempt from sales tax.

Sales

Xero

FEBRUARY 3, 2025

So, for example, rather than just answering questions about our upcoming flight, virtual agents will be able to make changes to our bookings, order inventory for a retail business based on sales projections, or even see what we can see on a screen and move the mouse as we would move it to carry out a process.

Technology

TaxConnex

DECEMBER 12, 2024

A marketplace facilitator is a platform where third-party sellers of any size and location can facilitate retail sales by listing their products. Whats a marketplace facilitator? These days, marketplace facilitators process payments, collect receipts, sometimes assist in shipment and assume collecting and remitting sales tax.

Sales

Anders CPA

DECEMBER 24, 2024

As of January 1, 2023, all states that impose a sales tax have a threshold that, when met by out-of-state retailers, allows the state to impose sales tax on the business. Wayfair decision was particularly relevant for economic nexus as it relates to sales tax.

South Dakota

CPA Practice

DECEMBER 2, 2024

Though they generate goodwill and repeat business, retailers are not exactly happy to be stuck with returned inventory. Now, your client retailers are thinking the unthinkable: Giving customers refunds but letting them keep their unwanted goods. Returned products are a headache. Returned products are a headache.

Retail

Going Concern

OCTOBER 10, 2024

ACCOUNTING CANDIDATES FTE Accounting | Candidate ID # 22574493 Certifications: EA in process Education: BA Business Experience (years): 20+ years accounting experience Work experience (detail): Currently Accountant & Office Manager at a CPA firm Full cycle accounting, reconciliations, financial reporting AP/AR, payroll processing and quarterly (..)

Real Estate

TaxConnex

MAY 1, 2025

E-commerce began and soon exploded as a spinoff from brick-and-mortar retail. This pairing of e-commerce and brick-and-mortar retail, sometimes called on-demand delivery, means a mouse click and digital payment initiate delivery within an hour or two. There are 10,000-plus tax jurisdictions in the U.S.,

E-commerce

ThomsonReuters

OCTOBER 29, 2024

That will get you in trouble in the long run,” says Tracy Davis , Retail and Diversified Vertical Lead at Thomson Reuters at a recent webinar on Digital transformation for end-to-end indirect tax compliance. You can’t afford to have silos within the company anymore.

Technology

Reckon

OCTOBER 17, 2024

Spooky Season Data from the Australian Bureau of Statistics, Roy Morgan, and the Australian Retailers Association confirmed that Aussies love to spend during seasonal events. This year, the retail industry has been forecasted to earn $450 million for Halloween. This begs the question: should small businesses cash in on the holidays?

accounting software

Accounting Insight

JULY 3, 2025

Already grappling with rising wage demands and increased National Insurance contributions, UK businesses are being squeezed with rising inflation, which is hitting labour-heavy sectors like manufacturing, hospitality, retail and logistics the hardest.

Finance

ThomsonReuters

JULY 22, 2025

While the provisions are designed to boost take-home pay for millions of Americans, they also create new compliance burdens for employers-especially in hospitality, retail, and healthcare. The “One Big Beautiful Bill Act” (P.L. ” Risk of abuse Florentine acknowledged the potential for abuse.

payroll

Going Concern

OCTOBER 21, 2024

Maybe I’ll buy it and jam it in there on the bookshelf next to Retail Gangster. When Pacino returned to his Hollywood home, he became suspicious after realizing his finances had not dramatically changed despite spending so much on vacation. And I thought, It’s simple. It’s clear. I just know this. Time stopped. I am f *d,” he writes.

accountant

CPA Practice

NOVEMBER 15, 2024

KKB has a 60-year history delivering a comprehensive, tailored suite of accounting, tax, and business advisory services to businesses and leaders in a wide variety of industries, including construction, real estate, professional services, retail, and manufacturing. “We

California

Accounting Insight

APRIL 16, 2025

The bookkeeping business now uses Lightyear to automate the accounts payable (AP) and bookkeeping processes for 37 clients, mainly in hospitality and retail. The Never-Ending Statement Nightmare Working with hospitality and retail clients results in a high volume of invoices to process.

AP Automation

AccountingDepartment

JULY 21, 2025

Example : A regional retailer with multiple locations struggled to close the books within the first 10 days of each month due to overworked in-house staff. Outsourcing allowed the retailer to cut the close cycle in half—and focus on growth initiatives instead. Cash Flow Confusion Do you often ask, How much cash do we actually have?

accountant

Withum

JULY 10, 2025

Cultivators, manufacturers and retailers should keep a close eye on how this develops. Popular items like vapes, gummies and full-spectrum CBD oils would no longer be permitted under federal law. The outcome could influence consumer demand, pricing strategies and future federal cannabis reform.

Legal

TaxConnex

DECEMBER 5, 2024

Online retail ruled Black Friday , Nov. The explosion of online holiday shopping in and around Thanksgiving has evolved beyond conversational. It’s now expected – and getting bigger every year. 29, this year, even as in-person shopping dropped slightly. Adobe Analytics reported $10.8 billion in U.S. online sales on Black Friday, up 10.2%

Sales

TaxConnex

NOVEMBER 21, 2024

Black Friday for retail, the kickoff day for holiday shopping, started almost half-century ago with long lines outside brick-and-mortar stores and the dawn unlocking of doors (and the occasional injury of a shopper in the stampede). retail sales during the 2023 holiday season grew 3.8% Is Black Friday still that big? A total of $123.5

Sales

Going Concern

NOVEMBER 7, 2024

TAX AND ACCOUNTING CANDIDATES FTE Tax and Accounting | Candidate ID #23571431 Certifications: CPA in process Education: BBA Accounting, MA Accounting Experience (years): 5+ years of accounting and tax experience Work experience: All in public accounting Performs full cycle accounting and tax preparation Financial compilations and reporting with clients (..)

Real Estate

CPA Practice

NOVEMBER 5, 2024

4—Furniture retailer Lovesac has agreed to pay $1.5 By Paul Schott The Middletown Press, Conn. million to settle a Securities and Exchange Commission lawsuit that alleges that two former executives committed accounting fraud at the Stamford-based company.

general ledger

CPA Practice

JULY 14, 2025

He has experience serving clients in a variety of industries including energy and natural resources, real estate, manufacturing and retail. Logan Kowcheck, CPA joined Schneider Downs in 2011 in the firm’s audit practice group. Logan leads the Firm’s Energy and Natural Resources Services Industry Group. He graduated with a B.A.

West Virginia

Basis 365

DECEMBER 23, 2024

Here are some key reasons why businesses often struggle with their accounting during the holidays: Increased Sales Volume Retailers and e-commerce businesses often see a spike in transactions during the holidays. While increased sales are good for revenue, they also generate more invoices, receipts, and payment reconciliations.

bookkeeping

CPA Practice

JUNE 5, 2025

Danny Woods Brown Graham’s diverse client base spans key industries such as affordable housing, agribusiness, construction, government, healthcare, nonprofit organizations, oil and gas, real estate, and retail.

Texas

Accounting Insight

JULY 21, 2025

Emma is a chartered accountant who works with a diverse portfolio of SMEs, from retail shops to tech startups. For her retail client, real-time bank feeds allow instant reconciliation and better cash flow management, giving the client confidence in their financial position.

Technology

AccountingDepartment

AUGUST 6, 2025

Examples of customization opportunities: Retailers can integrate advanced inventory management tools. This flexibility makes NetSuite an ideal solution for companies across diverse industries, whether retail, manufacturing, or professional services. Service-based industries may prioritize custom project management tools.

NetSuite

Going Concern

JUNE 5, 2025

TAX & ACCOUNTING CANDIDATES FTE Tax and Accounting / Senior | Candidate ID #18173947 Certifications: CPA Education: BBA Finance Experience (years): 5 years accounting and tax experience Work experience (detail): All in public accounting 6 tax seasons experience, 3 working remotely Prepared complex returns for HNWIs, partnerships, S and C Corps (..)

Real Estate

CPA Practice

JUNE 18, 2025

Mr. Voinovich joins Schneider Downs from a Columbus-based national retailer, where he served as Chief Financial Officer since 2021. He officially joined the firm on May 12, 2025. He also has more than 25 years of public accounting experience in the Columbus area.

Technology

CPA Practice

DECEMBER 3, 2024

Availability: Early Adopters in the US Sage Intelligent Time Enhancements : With enhanced new features such as time clocks and rate cards, Sage Intelligent Time meets the needs of professional services, retail, and manufacturing industries.

general ledger

ThomsonReuters

JULY 21, 2025

Its AI-powered analysis can process enormous volumes of client data, identifying subtle patterns and correlations that provide unprecedented visibility into business operations and financial health.

audit

Basis 365

DECEMBER 18, 2024

Distortion Due to Seasonality and Cyclicality Many businesses experience significant seasonality: retailers see spikes around the holiday season, agricultural companies have harvest-driven revenue cycles, and travel businesses may have summer peaks. For instance, imagine a retailer comparing its LTM performance every month.

Agriculture