Sales Tax Audits on the Rise
Colquitt County, Georgia, got a surprise when they checked their sales tax revenue. Half a million dollars more than they expected, to be precise. An audit of a major retailer found that they had been under-paying sales tax, and the state got a windfall...
Sales Tax Software Customer Service
When you choose Sales Tax compliance software, you might not think much about customer service. After all, in an ideal world you won't need customer service. You choose your sales tax solution, use it successfully, and never have a problem. You don't...
Software Reviews: Why They’re Useful
When the Supreme Court agreed, in the Wayfair decision, that states can now require out of state companies to collect and remit sales tax, one of their reasons was that there would soon be software that would make it easy. But when businesses buy...
Sturgis and Sales Tax in the Pandemic
Sturgis, South Dakota, is getting ready for their annual motorcycle rally, in spite of the COVID-19 pandemic. Where Fayetteville, Arkansas, canceled their Bikes, Blues & Barbecue festival, which usually brings 400,000 visitors to the town of 86,000,...
5 Things to Look for in Sales Tax Software
After decades of controversy, the Supreme Court agreed that remote sellers, such as ecommerce shops, should pay sales tax to states and cities just as businesses with a physical presence do. One of the reasons: they figured that sales tax software would...
Hotel Tax Hit Will Have Consequences
A recent study by Oxford Economics says that Arkansas will lose $60.8 million in revenue from hotel tax. Bigger states have to expect bigger losses: $1.9 billion for California, while both New York and Florida may seet losses of $1.3 billion. The nation...
COVID-19 Sales Tax Reporting Surprises
Sales tax reporting has been delayed in many states, but sales tax filings are beginning to trickle in and more states are able to make projections. Many states are seeing their sales tax revenues drop to dangerous levels, causing concern about being...
Do You Overpay Sales Tax?
A recent survey by the The National Association of Manufacturers found that 78.3% of U.S. manufacturers expect a financial hit from the coronavirus. Many factories have been closed, have experienced supply chain disruptions, and have had extra expenses...
How States May Change Sales Tax to Raise Revenue
Across the nation, consumers are getting tired of being cooped up and states are beginning to lift restrictions on businesses. The states have a strong motivation to get businesses back open and money flowing back into the economy: most states rely...