Transactional Tax Compliance Solutions
a Transactional tax compliance -- sales and use tax calculation and filing -- is complicated. It also changes frequently. That's a recipe for headaches in your business. Why is sales tax so complicated? One good reason for the frequent changes we see...
What’s up with SSUTA?
Back in 2018, when the Supreme Court decision on Wayfair vs. South Dakota allowed states to make new laws requiring remote sellers to collect and remit sales tax on their behalf, there was a little bit of discussion on the question of whether this would...
Reopening for business: Don’t forget sales tax
As businesses reopen with a post-pandemic future in mind, a lot of sales tax issues can come up. However, they may not obviously look like sales tax issues. If they don't your company could miss some important points. Goods and services Many companies...
Sales Tax Surprises in the Pandemic
Congress has just finished working on a COVID-19 relief bill, and one of the big issues turned out to be...sales tax. Congress might not look at it that way. From their point of view, they were debating whether states need relief funds as businesses and...
Mississippi May Change Their Sales Tax Balance
States rely on tax revenue, but different states have different patterns of taxes. Usually taxes include property tax, income tax, and sales tax. Mississippi is planning to make big changes in the state's sales tax balance. A new tax proposal would...
Transaction Privilege Tax (AKA Sales Tax)
When is a sales tax not a sales tax? When it's a transaction privilege tax. Looking back in history, we can see that the practice of collecting sales tax for online purchases had some public relations problems. Advocates pointed out that everyone was...
Remote Sellers Sales Tax Holdout Florida May Jump In
The 2018 Wayfair decision from the Supreme Court allows states to collect sales tax from remote sellers with no physical presence in the state. Most states have already jumped on the bandwagon. Only two of the states that charge sales tax have not yet...
Sales Tax Revenues Are Up
Through most of 2020, states worried about their sales tax revenues. Headlines about mandatory closures of businesses forecast huge drops in state revenues, largely because of the loss of sales tax revenues from businesses that had to close. Retailers,...
Sales Tax and the U.S. Manufacturing Strategy
There has been a lot of talk about bringing manufacturing jobs back to the United States. One of the most common tactics is the tax cut. In 2017, corporate taxes were cut from 35% to 21%. Did that make a difference for manufacturing -- and in particular...