State and local tax news brought to you by Zaldivar and Associates
An Update on the Impact of Wayfair One of the major state and local tax developments that CPAs have been dealing with is the Supreme Court’s decision on June 21, 2018, in South Dakota v. Wayfair, Inc., 585 U.S. ___ (2018), and Continue reading Multi-State – Changing The State And Local Tax Nexus Playing Fields
In the midst of summer’s usual uptick in beer sales, how much of our cash is actually going toward the cost of a brew? Less than you might think. According to the Beer Institute, “Taxes are the single most expensive ingredient Continue reading Multi-State – How High are Beer Taxes in Your State?
Thousands of mom-and-pops will lose bulk orders from company Amazon denies a ‘large-scale’ vendor reduction is taking place Two months ago, Amazon.com Inc. halted orders from thousands of suppliers with no explanation. Panic ensued — until the orders quietly resumed weeks later, Continue reading Multi-State – Amazon Is Poised to Unleash a Long-Feared Purge of Small Suppliers
FedEx revealed a change in its relationship with Amazon on Friday, announcing that the company will not be renewing its Express U.S. domestic contract with the online retail giant. The delivery company will be directing its “focus on serving the Continue reading Multi-State – FedEx Announces Change In Amazon Relationship, Says It’s Not Renewing Express US Domestic Contract
One of the most common questions I get from investors is how crypto investments like bitcoin are taxed. There seems to be a great deal of confusion, perhaps because of the different names people use for this new asset class. Continue reading Multi-State – How Bitcoin Is Taxed
Sellers are once again alarmed at perceived moves to hustle them onto the Marketplace — but that might be good for everyone. Vendors that to varying degrees depend on Amazon for their wholesale revenue were once again shaken last week Continue reading Multi-State – Amazon Continues To Shrink Retail Operations
A bill that would require online retailers and marketplace facilitators to collect and remit sales tax in Arizona was introduced in the state’s House of Representatives on Wednesday, February 13. Meanwhile, on Monday, March 4, the Georgia House of Representatives Continue reading Multi-State – Georgia, Arizona Legislatures Consider Economic Nexus and Marketplace Facilitator Laws
Dive Brief: Photo, audio and video store B&H last week launched a new credit card that covers the sales tax customers would otherwise need to pay for their orders, according to its website. The store will charge the full purchase amount plus Continue reading Multi-State – B&H Covers Sales Tax With New Credit Card
Growing security businesses that venture beyond their state borders are faced with complicated rules for charging taxes on goods and services Ever since the Supreme Court ruled that physical presence in a state is no longer the sole requisite for Continue reading Multi-State – Navigating State Sales Tax
It’s been said that nothing motivates accountants more than legislation and, more specifically, the need to comply. Nothing is more clear about this statement than what we’ve seen, and will see, in sales tax. Attending a conference like Avalara Crush, Continue reading Multi-State – What’s Next in the World of Sales Tax