Shifting the Tree With Virginia Essandoh of Ballard Spahr

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Virginia Society of CPAs names 2022-2023 scholarship recipients

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Virginia State Tax Updates

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Blogs

Virginia Man Pleads Guilty To $2.5 Million PPP Swindle

PYMNTS

A Leesburg, Virginia, man pleaded guilty to a federal bank fraud charge that he stole $2.5 District Attorney’s Office for the Eastern District of Virginia stated in the release. attorney for the Eastern District of Virginia, in the release.

West Virginia State Tax Updates

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Blogs

West Virginia University On Transitioning New Student Onboarding To An Online Future

PYMNTS

Digital Onboarding Coronavirus Digital Consumer Onboarding Tracker Education Generation Z Identity Verificiation Melissa News schools West Virginia UniversityUniversities across the U.S. got off to a shaky start as students began arriving for the beginning of the fall semester.

W Virginia Withholds Payment To Tax Delinquent Vendors

PYMNTS

The West Virginia State Auditor’ s office has announced a new tax program aimed at vendors who owe the state money. The vendor will not be able to resume business in West Virginia until it has corrected its delinquency. B2B Payments auditor B2B delinquent intercept News payment tax taxes vendors West Virginia What's Hot In B2BThe program will prevent vendors who owe the state money from being payed.

WorldRemit Launches Its Service In Virginia

PYMNTS

23) it has launched its services in Virginia. WorldRemit provides a secure way for Virginia residents to send money to their loved ones around the world. Residents of Virginia now have the power to share money with friends and relatives abroad, 24/7,” commented Brion Nazzaro, director at WorldRemit, in the press release. WorldRemit said residents of Virginia can send money via instant bank transfer, mobile money transfer, cash pickup and mobile airtime top-up.

Virginia Sues Online Lender Over Consumer Loans

PYMNTS

Virginia is suing one of the largest online lenders in the U.S. after reportedly charging Virginians millions in interest and fees. In a lawsuit, the state alleges that NetCredit lent more than $47 million in illegal high-interest loans, The Daily Press reported. According to the lawsuit, NetCredit provided loans to over 47,000 Virginians going back to 2012. The suit also alleges that NetCredit ran afoul of the state’s usury cap of 12 percent.

Chesapeake Bank Joins The Clearing House’s RTP Network

PYMNTS

Virginia’s Chesapeake Bank has joined The Clearing House’s Real-Time Payments (RTP) network, showing that smaller community banks have joined the new trend of enabling instantaneous payments and receipts for customers, a press release said.

NEW REPORT: Universities' Digital Onboarding Orientation

PYMNTS

That means that schools must find ways to process students’ financial aid, housing, meal plans and numerous smaller details online without any strain, Corey Farris, dean of students for West Virginia University (WVU), explained in a recent PYMNTS interview.

Google’s Drone Delivery Unit Wing Gets Nod By FAA

PYMNTS

With the FAA approval Wing will be able to make drone deliveries in an area of southwest Virginia. From our perspective, it’s more treating drones like manned aviation,” said Mark Blanks, director of the Virginia Tech Mid-Atlantic Aviation Partnership, one of the organizations involved in the pilot program. In an interview with The New York Times, Jonathan Bass, a spokesman for Wing, said deliveries in Virginia should kick off later in 2019.

Saving Main Street: Fairfax County, VA Kicks Into Gear

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One of those is in Fairfax County, Virginia. Retail Coronavirus COVID-19 development economy Fairfax County Main Street News Shop Talk SMBs VirginiaMain Street may not be able to save itself in the aftermath of the COVID-19 crisis.

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Amazon HQ2 Secures $51M Funding Vote In VA

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Amazon.com’s plans to open its HQ2 in Virginia got the support of local officials who approved a financial package valued at $51 million over the weekend. The HQ2 approval by the Virginia board is seen as a victory for the eCommerce giant, which has been under scrutiny from regulators, advocacy groups and lawmakers. Amazon Antitrust board headquarters HQ2 incentives New York News second headquarters Virginia What's Hot

Senator Points At Yahoo For SEC Investigation

PYMNTS

Security & Fraud breach Marissa Mayer mark warner Security Verizon Virginia yahooMark Warner (D-VA) is pointing the finger at Yahoo Inc., arguing that the Securities and Exchange Commission should open an investigation after the data breach last week — quite possibly the largest breach in history. Warner penned a letter to SEC Chair Mary Jo White that the SEC should be looking into Yahoo’s conduct as to how properly it informed investors when and after the incident occurred.

ADC Levels Up at EO Nerve 2022

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ADC Co-Founder, Bill Gerber, and Business Development Representative, Shawn Marcum, attended the multi-day event in Virginia Beach, VA. Our team rounded out another successful year of EO events last week while attending EO Nerve.

What’s Next For Real Estate In Amazon’s HQ2 Cities?

PYMNTS

The Seattle-based eCommerce operator and cloud computing provider decided to build in both Crystal City, an urban area in North Virginia near Washington, D.C., Amazon Alexa Amazon Effect Citigroup ecommerce employees Featured News headquarters homebuying HQ2 jobs new york city News real estate Redfin VirginiaBuild it and they will come — in this case, times two.

Lowe’s Employees Decked Out In High-Tech Exoskeletons

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The national home improvement chain partnered with Virginia Tech to develop a futuristic exosuit for its employees. “As a way to support them, we found a unique opportunity to collaborate with Virginia Tech to develop one of the first retail applications for assistive robotic exosuits.” Over the past couple years, human assistive devices have become an area of interest,” said Dr. Alan Asbeck, assistant professor at Virginia Tech and lead of the suit’s design team.

Hey, College Kid, Got The Munchies? Let Google Drone-Drop You A Chipotle Burrito

PYMNTS

Alphabet, Google’s parent company, has announced the first initiative for Project Wing, its drone-delivery project: supplying Virginia Tech students with Chipotle burritos. Back in 2013, the FAA selected Virginia Tech, as part of the Mid-Atlantic Aviation Partnership (MAAP), to be one of six unmanned aircraft test sites. Innovation Alphabet Aviation chipotle Drone FAA Google Hokies Uber Virginia Tech

Hey, College Kid, Got the Munchies? Let Google Drone-Drop You A Chipotle Burrito

PYMNTS

Alphabet, Google’s parent company, has launched Project Wing, a drone-delivery project initially supplying Virginia Tech students with Chipotle burritos. Back in 2013, the FAA selected Virginia Tech, as part of the Mid-Atlantic Aviation Partnership, to be one of six unmanned aircraft test sites. News Alphabet Aviation chipotle Drone FAA Google Hokies Uber Virginia Tech

Insights for Women Entrepreneurs from a Startup Coach at iFundWomen

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On the Startup Success podcast, we recently sat down with Virginia Almendarez. Plotting a path towards growth and success can be especially tough for women-owned startups. She’s a startup coach Read More.

Sales tax holidays for the rest of the year

TaxConnex

5-6) and Missouri, New Mexico, Ohio, Oklahoma, South Carolina, Texas and Virginia (all Aug. Other states with back-to-school holidays include West Virginia (Aug. Holiday time already?

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Tricky items for sales tax (Part 3)

TaxConnex

It is also non-taxable in California, Arizona, Nevada, Washington, West Virginia and Wyoming. It’s taxed at reduced rates in Missouri and Virginia. Our Halloween-month look at tricky items concludes with a natural: candy. Consumers are expected to spend more than $3.1

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Monthly State Sales and Use Tax Update

TaxConnex

West Virginia has issued a publication to “clarify the sales and use tax obligations of entities selling streaming services in this state.” There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent changes and updates.

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Preparing Your Business for Sales Tax Holidays

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But holidays cover both state and local taxes in Oklahoma, Virginia, Texas, and other states. Other states like Maryland, Missouri, Texas, and Virginia have holidays for energy-efficient devices. Many states use sales tax holidays to waive or reduce sales tax on various items.

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Sales Tax and Vitamins/Dietary Supplements

TaxConnex

The products are tax-exempt (more or less) in the District of Columbia, Florida, Maryland, Michigan, New Jersey, New York, Texas, Vermont, West Virginia and Wyoming. You won’t find too many more confusing sales tax scenarios than the one involving dietary supplements.

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What’s new: state sales and use taxes

TaxConnex

Virginia has enacted H.B. There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent changes and updates.

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Digital advertising tax blocked

TaxConnex

Several states have toyed with a digital advertising tax like Maryland’s, including Montana, West Virginia, Nebraska, New York, South Dakota and the District of Columbia. A new tax law in Maryland seemed ready to rattle every company that sold digital products in the U.S.

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What was new in August for state sales and use taxes

TaxConnex

Virginia has determined that a remote seller’s use of banner advertisements for sales promotion did not trigger sales and use tax nexus requirements. There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent changes and updates.

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Vendor concessions/discounts can help pay to outsource sales tax obligations

TaxConnex

Virginia’s prompt payment discount depends on level of sales, among other conditions. Collecting and remitting sales tax to states and other tax jurisdictions is time consuming and can be expensive. If only somebody could help you with the costs of managing it.

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Taxation of services

TaxConnex

Many states have recently mentioned taxing services; it cropped up notably in West Virginia’s 2021 State of the State address. Understanding the taxability of your company’s products or services is one of the key steps to complying with sales and use tax laws.

Sales tax and accounting services

TaxConnex

For some 90 years, states have levied sales tax on goods (West Virginia was the first to do so , in 1921). It’s that time of year again when everyone suddenly thinks about preparing their income taxes. But does tax preparation incur sales taxes – and if it does, where and how?

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Are Digital Ad Taxes Spreading?

TaxConnex

Montana and West Virginia are considering one ; Nebraska lawmakers shelved such a proposal last year. Companies that sell digital products in the U.S. should know about a relatively new kind of ta x – and tax obligation.

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Tricky items for sales tax (Part 2)

TaxConnex

South Carolina, Ohio and Virginia exempt some protective clothing. Our Halloween-month look at tricky items for sales tax continues here with a few items it’s hard to live without…. Clothes. Clothing is taxable in most states and the District of Columbia.

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Online Ads: Who Taxes Them and Who Doesn't?

TaxConnex

West Virginia has also sent theirs to committee. One of the next big trends in sales tax is one you should start thinking about: states taxing digital advertising.

When do I have to start collecting out of state sales tax? Part 2

TaxConnex

Major ones include Texas, Pennsylvania, Ohio, Virginia and California. Understanding economic and physical nexus and the taxability of your products and services goes a long way to ensuring your sales tax compliance. But nothing’s that simple with sales tax.

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Video Conferencing: Has the Pandemic Created a New Taxation?

TaxConnex

announced last year that it would start collecting local utility and communications taxes in California, New York, Maryland, and Virginia. Ever had a bad connection on a video conferencing platform? It can be a confusing and frustrating experience.

What you need to know: “Origin” vs. “destination” states

TaxConnex

Origin based states Major origin-based states include Texas, Pennsylvania, Ohio, Virginia and California. In real estate they say, “Location! Location! Location!” Same is true for sales tax – except the word can have different meanings.

States with local economic nexus - a review

TaxConnex

Take the “Municipal Sales and Use Tax” page of West Virginia, which alone lists sales tax information for almost 100 cities and towns. Given the complexity that already exists regarding sales tax, it’d be great if states were the only jurisdictions that levied them.

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Trends: Are sourcing rules changing (and making anything easier)?

TaxConnex

Major origin-based states include Texas, Pennsylvania, Ohio, Virginia and California. “Sourcing” or as we often call it, situsing, is key when you determine sales tax obligations: It refers to the location where a sale is taxed.

Do you really understand economic nexus for sales tax?

TaxConnex

Though some states are repealing sales taxes on a few services, other states – notably Indiana, Nebraska, Connecticut and perhaps West Virginia – look to expand sales tax by taxing what has historically been an untaxed source of income.

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What’s new for state sales and use taxes

TaxConnex

Virginia’s sales and use tax exemption for retail sales of gold, silver and platinum bullion and legal tender coins that was set to expire this summer has been extended to June 2025. There’s always something changing in the world of tax, especially sales tax.

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Seeing green: States learn the importance of sales tax

TaxConnex

West Virginia ?saw Economic nexus is now pretty much the law of the land for all states with a statewide sales tax. But what has been the impact on states? States – and their cities and towns that receive portions of their sales tax revenue – have scored big.

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