New Jersey – State of Wayfair: New Jersey Prepares To Reap Revenue Harvest

New Jersey is hoping to harvest up to $350 million in new sales tax revenue annually from online vendors and marketplace facilitators under a new law signed by Gov. Phil Murphy (D) Oct. 4. Responding to revenue opportunities under the Continue reading New Jersey – State of Wayfair: New Jersey Prepares To Reap Revenue Harvest

New Jersey – State Division Of Taxation Postpones Deadlines for Hurricane Florence Victims

Taxpayers affected by Hurricane Florence now have until Jan. 31, 2019 to file their New Jersey tax returns or make payments on taxes that had an original or extended due date between Sept. 7, 2018 and Jan. 31, 2019. If Continue reading New Jersey – State Division Of Taxation Postpones Deadlines for Hurricane Florence Victims

Multistate – Wayfair Economic Nexus (ENexus) Enforcement Thresholds As of August 21, 2018

ENexus Thresholds As Of August 21, 2018 Ref No. State Enforcement Date Dollars of Sales Number of Sales Enexus Threshold 1 OH 1/1/2018 $25,000 0 25/0 2 PA 4/1/2018 $10,000 0 10/0 3 HI 7/1/2018 $100,000 200 100/200 4 ID Continue reading Multistate – Wayfair Economic Nexus (ENexus) Enforcement Thresholds As of August 21, 2018

New Jersey – State Legislature Enacts New Tax Amnesty Bill November 1, 2018 to January 15, 2019

The 2018 New Jersey Tax Amnesty will provide an opportunity for eligible taxpayers to file and pay their past due taxes with reduced interest and no penalties.  Eligible periods cover State tax liabilities for tax returns due on or after February 1, 2009 through September 1, Continue reading New Jersey – State Legislature Enacts New Tax Amnesty Bill November 1, 2018 to January 15, 2019

Multi-State – Six Weeks Remaining In The MTC Program For Marketplace Sellers

SALT Report 3941 – The Multistate Tax Commission’s Online Marketplace Seller Voluntary Disclosure Initiative will consider applications for voluntary disclosure meeting specific eligibility criteria received during  the time period August 17, 2017 through October 17, 2017. There are six weeks Continue reading Multi-State – Six Weeks Remaining In The MTC Program For Marketplace Sellers

New Jersey – State Enacts Voluntary Disclosure Initiative For Certain Out-Of-State Sellers

SALT Report 3931 – The New Jersey Division of Taxation has announced a voluntary disclosure program for out-of-state sellers with click-through agreements with businesses in New Jersey. The program will run from August 21, 2017 to November 21, 2017. This program Continue reading New Jersey – State Enacts Voluntary Disclosure Initiative For Certain Out-Of-State Sellers

Multistate – MTC Online Marketplace Seller Voluntary Disclosure (24 State Initiative) August 17, 2017 through October 17, 2017

SALT Report 3914 – The MTC is sponsoring a prospective amnesty program targeting online marketplace sellers. The amnesty program will begin on Thursday, August 17, 2017 and will close October 17, 2017. The following 24 states have agreed to participate Continue reading Multistate – MTC Online Marketplace Seller Voluntary Disclosure (24 State Initiative) August 17, 2017 through October 17, 2017

Multistate – MTC Online Marketplace Seller Voluntary Disclosure (24 State Initiative) August 17, 2017 through October 17, 2017

SALT Report 3914 – The MTC is sponsoring a prospective amnesty program targeting online marketplace sellers. The amnesty program will begin on Thursday, August 17, 2017 and will close October 17, 2017. The following 24 states have agreed to participate Continue reading Multistate – MTC Online Marketplace Seller Voluntary Disclosure (24 State Initiative) August 17, 2017 through October 17, 2017

Multi-state – Is Consumer Behavior Shaping Evolution of Tax Incentives?

From Weekly State Tax Report – February 6, 2017 The Bloomberg BNA Tax Management Weekly State Tax Report filters through current state developments and analyzes those critical to multi-state tax planning. By Hayes R. Holderness Hayes R. Holderness is a Continue reading Multi-state – Is Consumer Behavior Shaping Evolution of Tax Incentives?

New Jersey – Letter Ruling On Sales Of Packaged Sushi Products

SALT Report 3486 – A New Jersey taxpayer requested a letter ruling to determine the taxability of sushi which is purchased from an outside seller who also prepares and packages the sushi.  The taxpayer does not provide an eating area Continue reading New Jersey – Letter Ruling On Sales Of Packaged Sushi Products