TaxConnex

NOVEMBER 7, 2023

South Carolina gives a big break to retailers who aren’t required to collect and remit the state sales but volunteer to do so. Colorado also favors small businesses with its discount, Kansas gives special discounts to retailers in certain other states and jurisdictions.

South Carolina 147

South Carolina Colorado Pennsylvania Kentucky 147

TaxConnex

MAY 26, 2022

Many companies now have an online presence for taking orders and making retail sales of TPP without maintaining any inventory. As an example, a distributor/wholesaler in Arkansas sells to a retailer in South Carolina and drop ships to the retailer’s customer in Illinois.

South Dakota 167

South Dakota South Carolina Sales Illinois 167

TaxConnex

JULY 8, 2021

Sales tend to skyrocket during these tax holidays, so for many retail and e-commerce businesses, this is a great time to recover any losses from earlier in the year, but you need to ensure you understand your obligation to charge or not charge the correct sales tax in a state, especially if selling into a remote state.

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Sales South Carolina Tax E-commerce 196

TaxConnex

NOVEMBER 1, 2022

Businesses have new ways to sell today, as marketplaces such as Amazon and the business’s own website have joined established channels like direct retail sales and wholesale sales. Each brings different sales tax implications – and retail and ecommerce businesses aren’t always aware of their obligations.

Sales 130

Sales South Dakota South Carolina Illinois 130

TaxConnex

DECEMBER 28, 2023

States expected to be hit hardest by falling sales tax revenue are Idaho, South Dakota, Louisiana, South Carolina and Florida. For instance, Colorado recently introduced a contentious fee slapped on all retail deliveries in the state where at least one tangible personal property item is subject to sales tax.

South Dakota 221

South Dakota Sales Tax Louisiana 221

PYMNTS

APRIL 24, 2020

Many large retail chains are wary of reopening even while some states move toward starting their economies again following closures due to COVID-19. are some of the large national chains noting they will not partake in the early phase of reopening in places like South Carolina and Georgia per The Wall Street Journal.

South Carolina 52

South Carolina Retail Georgia Entertainment 52

TaxConnex

JULY 13, 2023

Retailers are not required to participate. South Carolina , Aug. All retailers are required to participate. The price limit for desktop, laptop, tablets or notebook computers is $1,000; the limit for related computer hardware is $500. Other price limits on other items such as calculators. Ohio , Aug. Ohio , Aug.

Sales 130

Sales West Virginia South Carolina Tax 130

PYMNTS

JULY 6, 2020

Up until then, retail levels were improving somewhat since the all-time low in April while the country was on lockdown. But customers have begun retreating from retail for the second time due to the increase in cases. The spikes in cases have been particularly noteworthy in Florida and Texas. The other 37, plus Washington D.C.,

Rhode Island 67

Rhode Island South Carolina Retail Mississippi 67

TaxConnex

FEBRUARY 23, 2023

These were followed in the 1940s by Florida, Tennessee, Maryland, Connecticut, Rhode Island and the District of Columbia; and in the 1950s by Maine, Pennsylvania, South Carolina, Georgia and Nevada. The average tax rate among states that levy a retail sales tax has nearly doubled since 1970.

West Virginia 130

West Virginia Sales Rhode Island Tax 130

PYMNTS

APRIL 27, 2020

In a plan that frames a phased-in approach to opening retail again, the National Retail Federation (NRF) and the Retail Industry Leaders Association (RILA) debuted a Blueprint for Shopping Safe. Macy’s Inc. and TGI Fridays Inc.

South Carolina 56

South Carolina Retail Georgia 56

TaxConnex

OCTOBER 27, 2022

Candy is taxable in Kansas and South Dakota – but could eventually be exempt as lawmakers move to make groceries free of sales tax including candy. It’s non-taxable in Georgia and in South Carolina but may be subject to local level sales taxes. However, this won’t happen by this Halloween. Not merely because’.

Sales 130

Sales West Virginia South Dakota Tax 130

TaxConnex

AUGUST 24, 2021

A marketplace facilitator is a platform where third-party sellers of any size and geographic area can facilitate retail sales, including the collection/processing of payments, in exchange for compensation. In the world of sales tax, they’re major marketplace facilitators. Think of it almost like a consignment shop.

Sales 212

Sales South Dakota Tax South Carolina 212

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.

Gambling 122

Gambling Tax Sports South Carolina 122

PYMNTS

JULY 10, 2020

Back in late March when the pandemic first started to lock down retailing, PYMNTS published the first in a series of tracking reports showing clear evidence that the overwhelming factor in economic recovery would be one thing: COVID-19 and the ability to mitigate its effects. Again, that scenario is playing out this week. percent increase.

Retail 60

Retail South Carolina Arizona Georgia 60

Cherry Bekaert

APRIL 26, 2024

With more than five million square feet of space developed or redeveloped, the Company focuses on retail, multi-family, hospitality, office, industrial and residential properties.

Real Estate 52

Real Estate Construction North Carolina South Carolina 52

TaxConnex

MAY 19, 2022

This has created such a complex system that Louisiana is actually being sued by an Arizona online retailer for the state’s sales tax “compliance nightmare. South Carolina voters may approve a local option tax through county referendum. The state also has a dizzying number of exemptions. Looking ahead.

Alaska 189

Alaska Colorado Louisiana West Virginia 189

TaxConnex

JANUARY 17, 2023

Connecticut, Georgia, Michigan, North Dakota, South Carolina, Tennessee, Texas, Vermont, Washington, West Virginia and Wisconsin follow this rule. Many states, for instance, say that when the contents of a shipment are taxable, so is the shipping cost.

Rhode Island 130

Rhode Island West Virginia Alaska North Dakota 130

TaxConnex

JANUARY 11, 2022

When shipping to a retailer, sales tax is incurred in Idaho no matter where “shipping” appears on an invoice. Origin and destination sourcing figure big in South Carolina. In Maine, shipment must also be directly to the purchaser and the shipment has to be by common or contract carrier or the U.S.

Sales 180

Sales Rhode Island South Dakota Tax 180

TaxConnex

JUNE 8, 2021

South Carolina sales tax collections are 10% greater than predicted this budget year. Online sales skyrocketed in 2020 – a trend only expected to continue. Many states are finding that online sales have diffused previous dire predictions about how the pandemic would hammer tax revenues.

Sales 143

Sales Tax Arkansas South Carolina 143

TaxConnex

JUNE 22, 2021

retail e-commerce sales for the second quarter of 2019 hit $146.2 Given revenue shortfalls and budget deficits, most states took quick action to mandate that remote sellers, including e-retailers, collect and remit sales tax. States like South Carolina and Iowa reported early, positive, revenue collections on the new requirements.

South Dakota 130

South Dakota E-commerce South Carolina Missouri 130

PYMNTS

JULY 8, 2020

The retailer is said to have active postings for licensed insurance agents and Medicare sales supervisors that read, “Yes, you read that right, Walmart now has an insurance agency.”. The retailer has also formed a collaboration with an upstart called Capital Rx that offers current information on prescription prices.

Healthcare 60

Healthcare South Carolina Arkansas Georgia 60

PYMNTS

FEBRUARY 21, 2020

Brick-and-mortar retailers are teaming with fashion resale platforms as they support the circular fashion economy. thredUP’s Resale-as-a-Service platform was built with consumers and retailers in mind,” said James Reinhart, co-founder and CEO of thredUP. The home décor retailer franchise said it filed for chapter 11 protection U.S.

Retail 52

Retail South Carolina Virginia Sales 52

PYMNTS

MAY 8, 2020

After opening retail locations in four states, Kohl’s said it intends to open stores in 10 more states on Monday (May 11) as it follows a phased approach to retail reopening. The company said in an announcement that it will also open further retail locations in the weeks to come with “the same deliberate, measured approach.”.

South Carolina 56

South Carolina Oklahoma Arkansas Utah 56

PYMNTS

JULY 2, 2020

The tech company, which has 271 retail shops in the United States, has recently closed 47 stores again, CNBC reported. Their reclosures reportedly are a negative barometer of the ease with which retail operations are able to resume throughout the country.

South Carolina 52

South Carolina North Carolina Mississippi Idaho 52

PYMNTS

OCTOBER 7, 2020

The news comes as Walmart is aiming to take its expertise at developing retail stores and lowering costs and apply it to improving the health sector. The retailer has been slowly entering healthcare services, running low-cost clinics in South Carolina, Georgia and Texas.

South Carolina 58

South Carolina Georgia Healthcare Arkansas 58

PYMNTS

JUNE 25, 2020

As instances of the coronavirus increase in Texas, Apple will shutter seven of its Houston-vicinity retail locations once again. Apple closed shops again in North Carolina, Florida, Arizona and South Carolina last week for like rationale, and has reportedly re-shuttered a total of 18 retail locations across the U.S. “We

South Carolina 55

South Carolina North Carolina Arizona Florida 55

PYMNTS

OCTOBER 1, 2020

Walmart 's partnership with insurance startup Clover Health to aid Georgia seniors marks the retail giant's foray into privately-managed Medicare Advantage plans, Bloomberg reported. Walmart has been making moves in the healthcare field for some time, including opening clinics in Georgia, Texas, South Carolina, Florida and Arkansas.

Healthcare 56

Healthcare South Carolina Georgia Arkansas 56

PYMNTS

SEPTEMBER 30, 2019

State governments began rolling out economic nexus laws after 2018’s South Dakota vs. Wayfair ruling. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing.

Retail 43

Retail South Dakota Virginia South Carolina 43

PYMNTS

APRIL 13, 2020

Schrimmer’s Illinois party supply retailer typically imports as many as 100 sea containers four times a year. I’ve heard people having containers literally on the dock in China and then saying they don’t want it,” said James Newsome, CEO of the South Carolina Ports Authority, FT reported.

South Carolina 87

South Carolina Illinois Government Retail 87

PYMNTS

FEBRUARY 27, 2020

“This natural partnership will enable both Skip and Paytronix to continue providing a robust value proposition for retail partners and a notable checkout experience for shoppers.”. One of the first retailers to go live with the new integration is Enmarket, which has 125 locations in North Carolina, South Carolina and Georgia.

South Carolina 56

South Carolina North Carolina Georgia Retail 56

PYMNTS

APRIL 28, 2020

The properties in Texas, Indiana, Alaska, Missouri, Georgia, Mississippi, Oklahoma, South Carolina, Arkansas and Tennessee will not be limited to curbside-pickup reopening like the ones happening in Texas, the report said. Simon is also encouraging retailers to use technology, such as Apple Pay, for contactless transactions.

South Carolina 52

South Carolina Mississippi Oklahoma Alaska 52

TaxConnex

MARCH 21, 2024

The Court of Appeals of South Carolina has affirmed a state Administrative Law Court (ALC) finding that the online retail giant remains liable for eight figures in unpaid sales tax on third-party sales from 2016, interest and penalties. Here’s a review of some of the recent changes and updates. Amazon still liable.

South Carolina 194

South Carolina Sales Tax Alabama 194

PYMNTS

JULY 16, 2020

As of today, it’s available in Florida, Georgia, Alabama, South Carolina, Tennessee, North Carolina and Virginia, Instacart said in announcing completion of the Digital Deli rollout. Instacart and Publix initially launched the service in Florida earlier this year.

South Carolina 53

South Carolina North Carolina Virginia Florida 53

PYMNTS

JULY 6, 2020

To launch the program, three Black-owned restaurants have been selected to receive $25,000 each: Back in the Day Bakery in Savannah, Georgia, Post Office Pies in Birmingham, Alabama and Rodney Scott’s BBQ , which has locations in both Birmingham and Charleston, South Carolina.

South Carolina 81

South Carolina Alabama Georgia Illinois 81

PYMNTS

MAY 2, 2018

Retailers and retail landlords are reporting strong first-quarter earnings results, beating analysts’ expectations in many cases. billion, according to news from Retail Dive. In some cases, the retailer is demolishing existing stores to create new uses of the land. billion on Friday (April 27).

Retail 40

Retail Technology South Carolina Hawaii 40

PYMNTS

AUGUST 23, 2019

Emma Waddell will join the company as vice president of financial services compliance, while Joe Rodriguez will serve as lead counsel of financial services, per news from the retailer. “As She earned her bachelor’s of arts in economics from Rutgers University and her master’s in business administration from the University of South Carolina.

Government 59

Government South Carolina New Jersey Legal 59

PYMNTS

JULY 29, 2020

As PYMNTS reported in July, retail foot traffic had slipped in states where cases were on the rise, such as Texas, Arizona, Florida, South Carolina and Georgia.

South Carolina 53

South Carolina Arizona Georgia Florida 53