Multi-State – How High are Beer Taxes in Your State?

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?

MISSOURI – Blue Springs, Internet Use Tax Collections

The state of Missouri is collecting an internet use tax online, leaving the local residents and officials of Blue Springs, MO wondering how they will recover this loss of revenue. The city’s 1 percent sales tax remains its largest general Continue reading MISSOURI – Blue Springs, Internet Use Tax Collections

Michigan – Department of Treasury Update

May 2019 Issue The Michigan Department of Treasury has published their May 2019 Tax Policy Newsletter. The news letter contains guidance on topics such as: If Drone Services Taxable in Michigan Recently Issued Guidance Pet Breeders Must Collect and Remit Continue reading Michigan – Department of Treasury Update

IDAHO – State Tax Commissioner Has Been On Paid Leave For A Month

Idaho state Tax Commissioner Elliot Werk has been on paid administrative leave for a month, announcing it to be a personal issue. Idaho Division of Human Resources Administrator Susan Buxton said under Idaho law, the appointing authority has authority to Continue reading IDAHO – State Tax Commissioner Has Been On Paid Leave For A Month

WEST VIRGINIA – Airbnb Began Collecting Sales Tax In WV

Airbnb started collecting West Virginia’s 6% sales tax Thursday on behalf of its affiliated hosts in the state. The company said in the release that it has partnered with more than 400 local governments throughout the U.S. to collect and Continue reading WEST VIRGINIA – Airbnb Began Collecting Sales Tax In WV

Texas – Top 7 Facts About Texas’ Booming Economy

Everything is quite literally bigger in Texas. Here are 7 facts about the Lone Star State’s booming economy. 1. Texas has the 10th-largest GDP in the world, if it were its own country. According to a report by the American Enterprise Continue reading Texas – Top 7 Facts About Texas’ Booming Economy

Multi-State – FedEx Announces Change In Amazon Relationship, Says It’s Not Renewing Express US Domestic Contract

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

Multi-State – How Bitcoin Is Taxed

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

Alabama – Alabama Supreme Court Holds that All Software is Subject to Sales and Use Tax, While Confirming that Separately Invoiced Services for Custom Software are Not Subject to Tax

In a recent decision, the Alabama Supreme Court held that the sale of computer software, whether “canned” or customized, is subject to Alabama sales and use tax, while confirming that separately invoiced services for custom software programing accompanying the conveyance Continue reading Alabama – Alabama Supreme Court Holds that All Software is Subject to Sales and Use Tax, While Confirming that Separately Invoiced Services for Custom Software are Not Subject to Tax

Colorado – Some Small Sellers In Colorado Are Discontinuing Online Transactions Due To The New Taxation Laws

Some Colorado business owners say they are putting the brakes on web-based sales to avoid burdens imposed by new tax rules in the state. Signed by Gov. Jared Polis last week, House Bill 1240 takes effect June, 8 2019. The Continue reading Colorado – Some Small Sellers In Colorado Are Discontinuing Online Transactions Due To The New Taxation Laws