Texas – Therapeutic Devices Not Taxable Exemption Support Required

Texas released Private Letter Ruling 201807014L July 30, 2018 detailing the documentation support required to purchase therapeutic appliances tax free (hot tubs, back braces, anything a doctor prescribes for treatment of an ailment). Basically, a prescription is required in all Continue reading Texas – Therapeutic Devices Not Taxable Exemption Support Required

North Carolina – Directive TA-18-1 Timely Mailing Of Returns, Documents, Or Payments

Tax Administration has published Directive TA-18-1 Timely Mailing of Returns, Documents, or Payments 8-24-2018.  The Directive is to provide guidance as to when a mailed North Carolina tax return or other document is timely filed or tax timely paid. “For Continue reading North Carolina – Directive TA-18-1 Timely Mailing Of Returns, Documents, Or Payments

Kentucky – State of Wayfair: Kentucky Easing Its Way Up to Facilitators

Kentucky is ready for round two. The state recently launched a letter campaign to notify sellers they need to begin collecting and remitting its 6 percent sales tax Oct. 1. Kentucky’s economic nexus law mirrors the South Dakota statute at Continue reading Kentucky – State of Wayfair: Kentucky Easing Its Way Up to Facilitators

Multistate – Understanding Bitcoin And Taxes

As cryptocurrencies like Bitcoin become more mainstream, the Internal Revenue Service is paying close attention. In fact, from the close of 2018 and onward, we’re looking at monumental changes in how the IRS is considering these technologies, at least financially. Continue reading Multistate – Understanding Bitcoin And Taxes

Virginia – Steps Virginia Must Take To Tax Internet Sales

Conformity to recent federal income tax changes is not the only challenge (or opportunity, depending on your point of view) facing the 2019 Virginia General Assembly.  It may also be asked to amend Virginia’s sales and use tax rules, so Continue reading Virginia – Steps Virginia Must Take To Tax Internet Sales

North Carolina – New Sales And Use Tax Remote Sales Webpage

The Sales and Use Tax Division has created a new webpage containing guidance and resources for persons required to collect NC Sales and Use Tax on Remote Sales. Topics on the new webpage include: U.S. Supreme Court decision in South Continue reading North Carolina – New Sales And Use Tax Remote Sales Webpage