CPR vs. MFA

CPR vs. MFA

ShareFacebookTwitterLinkedinemail The Marketplace Fairness Act called for e-commerce merchants across the nation to collect sales taxes. In a hearing on March 12, 2014, legislators looked the pros and cons. On the one hand, the MFA is intended to level the playing...
What is a Vendor Allowance or Discount?

What is a Vendor Allowance or Discount?

ShareFacebookTwitterLinkedinemail Don’t think you can make money off of collecting sales tax? Think again. There are a few ways that some businesses actually profit from collecting sales tax — and many offset the costs. One of the most popular ways is...
Using Spreadsheets? Beware of Errors

Using Spreadsheets? Beware of Errors

ShareFacebookTwitterLinkedinemail Did you know that researchers have found that close to 90% of all spreadsheets have errors? While you might have a lot of faith in your Excel skills, being honest with yourself about the likelihood of errors creeping into your sheets...
Sales Tax Money Isn’t Yours

Sales Tax Money Isn’t Yours

ShareFacebookTwitterLinkedinemail A recent news story is a great reminder about our jobs as stewards of state and local government money. One bar owner in Portland was arrested by special agents in her home on Monday for almost $50,000 in unpaid sales tax. Turns out...
Pizza Delivery Charges and Sales Tax

Pizza Delivery Charges and Sales Tax

ShareFacebookTwitterLinkedinemail A new class action law suit was filed May 5 in Illinois by lead plaintiff Zachary Tucker of Wood River against Papa John’s Pizza. Tucker claims that he was charged a “$2.39 delivery fee, plus an additional 16 cents in...