Multistate – Teleworking During Pandemic Creates Tax Quandary for Companies

With no clear end in sight to teleworking during the pandemic, tax advisers are trying to prevent their clients from being surprised by a potential spate of new state and international taxes. Workers stranded or sheltered in states or countries Continue reading Multistate – Teleworking During Pandemic Creates Tax Quandary for Companies

Multi-State- States See Surge in Tax Collections From Online Sellers

Sales and use tax collections from e-commerce transactions have become the one silver lining running through the coronavirus cloud darkening state revenue coffers. The evidence is still anecdotal, but sources watching state revenue numbers told Bloomberg Tax collections from online Continue reading Multi-State- States See Surge in Tax Collections From Online Sellers

Missouri- Virus Fuels Urgency in Online Tax Debate

Online retailers didn’t need much of a push to continue grabbing a bigger share of market. They got it anyway when lockdowns and stay-at-home orders closed brick-and-mortar stores across the country. Now, local businesses are trying to recover and governments Continue reading Missouri- Virus Fuels Urgency in Online Tax Debate

Florida- Can Remote Sales Tax Help Florida’s COVID-19 Budget Crisis?

Florida has no income tax or remote sales tax, so it relies heavily on sales tax collected by in-state businesses. With many of these businesses shuttered or making only a fraction of their normal sales due COVID-19, the Sunshine State Continue reading Florida- Can Remote Sales Tax Help Florida’s COVID-19 Budget Crisis?

Multi-State – How Most States Uncover Noncompliant Sellers More Than Auditors

It’s been more than 18 months since the Supreme Court of the United States overruled the physical presence rule in South Dakota v. Wayfair, Inc. States now have economic nexus: They can require a business with no physical presence in Continue reading Multi-State – How Most States Uncover Noncompliant Sellers More Than Auditors

Multistate- What Impact Working From Home May Have on Income Tax Nexus APRIL 30, 2020

So many of us are eager to put the new coronavirus (COVID-19) pandemic behind us — to return to the workplace, get our kids back in school, hug our friends and families. Yet even as some states are easing restrictions, Continue reading Multistate- What Impact Working From Home May Have on Income Tax Nexus APRIL 30, 2020

Multi-State- Another coronavirus twist: Watch your sales tax duties

As the new coronavirus disrupts markets and supply chains, it’s also adding a new layer of concerns for online B2B as well as B2C sellers on top of an already complex set of tax-collection rules across the 45 states plus Continue reading Multi-State- Another coronavirus twist: Watch your sales tax duties

Illinois – Tax Revenue from Illinois Adult-Use Cannabis Sales Surpassed $10 Million in January

Tax revenue from Illinois adult-use cannabis sales surpassed $10 million in January, according to a Chicago Tribune report. Illinois collects sales tax, as well as an additional cannabis tax, on adult-use sales, and January sales brought in more than $3.1 million in Continue reading Illinois – Tax Revenue from Illinois Adult-Use Cannabis Sales Surpassed $10 Million in January

Multi State – New Sales Tax Collection Requirements for Marketplaces

New collection requirements for marketplaces are effective in Hawaii, Illinois, Michigan, and Wisconsin as of January 1, 2020, with marketplace facilitator laws now enforced in a whopping 39 states (including Washington, D.C.). At this time last year, only seven states required marketplace facilitators to collect and remit Continue reading Multi State – New Sales Tax Collection Requirements for Marketplaces

MULTI STATE – The Wayfair Decision: What Manufacturers Need to Know About Sales Tax

Many businesses, including manufacturers, that buy or sell products across state lines are affected by the U.S. Supreme Court’s landmark decision in South Dakota v. Wayfair. In this decision, South Dakota’s “economic nexus” statute that requires certain out-of-state sellers to register Continue reading MULTI STATE – The Wayfair Decision: What Manufacturers Need to Know About Sales Tax