Global – COVID-19 Pandemic Spurs Crypto Law Updates in J5 Countries

The members of the Joint Chiefs of Global Tax Enforcement (J5) are updating their crypto laws to prevent financial crimes and money laundering. The J5 is a multiagency coalition that includes government agencies from Australia, Canada, the Netherlands, the United Continue reading Global – COVID-19 Pandemic Spurs Crypto Law Updates in J5 Countries

Iowa – City of Des Moines Projects $18 Million Loss Because of COVID-19

The city of Des Moines estimates an $18 million loss of revenue for the next 60 days, and it’s all attributed to COVID-19. With the city at a stand still, it’s projected that there will be little revenue from sales Continue reading Iowa – City of Des Moines Projects $18 Million Loss Because of COVID-19

Multi-State- Remote Work During COVID-19 Crisis Raises State Tax Nexus Issues for Employers

With many employees forced to work from home due to business and office closures, among myriad other concerns, employers may be forced to confront state tax issues, particularly when employees work in states or local jurisdictions other than where the Continue reading Multi-State- Remote Work During COVID-19 Crisis Raises State Tax Nexus Issues for Employers

Texas- Sales tax holiday for emergency supplies to take place April 25-27, 2020

A sales tax holiday for emergency supplies that takes place every year in Texas is still on for the weekend of April 25 despite the ongoing coronavirus pandemic, Texas Comptroller Glenn Hegar announced April 14. The holiday allows Texans to Continue reading Texas- Sales tax holiday for emergency supplies to take place April 25-27, 2020

California- Sacramento State professor says 8.7% drop in retail sales ‘probably’ worst seen since Great Depression

At malls and shopping centers across Sacramento, store after store is closed and parking lots are empty. It’s a similar scene across the country and the globe as the COVID-19 pandemic forces many “non-essential” businesses to shut their doors. That’s Continue reading California- Sacramento State professor says 8.7% drop in retail sales ‘probably’ worst seen since Great Depression