Benefits
How Should States Tax NFT Sales?
NFTs grew out of blockchain, a decentralized, “peer-to-peer network that sits on top of the internet.” Blockchain emerged in ...
Gail Cole
Gail is a sales tax expert with a penchant for digging through the depths of BOE sites and discovering and reporting rate changes across the country.
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Sales Tax
What Your Clients Need to Know about Nexus, Home Rule, and Sales Tax
Businesses required to collect and remit sales tax in multiple states have a hard row to hoe. Keeping track of changing sales tax rates, online sales tax requirements and ...
Sales Tax
Europe Starts Mandating E-Invoicing to Maintain Transaction Tax Compliance
Ecommerce has enabled millions of small and midsize businesses to tap into the global market. This presents enormous opportunities. It can also create a world of tax requirements.
Taxes
Remote Workers Can Create Multiple Taxation Issues for Businesses
A growing number of companies, including Airbnb, have told employees they can “live and work anywhere.” This can pose a world of new tax obligations.
Sales Tax
In-Store Retail is Making a Comeback
More than half of consumers surveyed now prefer to find new products in-store rather than online, according to a new report by 5WPR. They enjoy speaking with sales people, getting their hands on products, and simply basking in the in-store ambiance ...
Sales Tax
Colorado Retail Delivery Fee is a New Challenge for Wine Shippers
Colorado’s new retail delivery fee applies to any retail delivery in the state that’s made by motor vehicle (including common carriers like FedEx and UPS) and contains at least one item of tangible personal property subject to the state sales or use tax. Since sales tax applies to sales of wine, the retail delivery fee applies to direct-to-consumer (DTC) wine shipments.
Sales Tax
Brick-and-Mortar Companies Face Challenges Selling Online
More than half of consumers surveyed now prefer to find new products in-store rather than online, according to a new report by 5WPR. They enjoy speaking with sales people, getting their hands on products, and simply basking in the in-store ambiance that was closed to them for a time due to COVID-19. Likewise, more than 75% of U.S. adults are comfortable dining out.
Taxes
Remote Workers Abroad Can Cause Employer Headaches
Ordinarily, having an employee working remotely in another state would likely give your company nexus with that state. But after the pandemic hit, several states temporarily waived the enforcement of certain nexus laws. Indiana, Massachusetts, Mississippi, New Jersey, Pennsylvania, and Washington, D.C., were among the first to announce they wouldn’t treat working from home as a nexus-generating activity if the arrangement was temporary and due to COVID-19.
Digital Currency
Wayfair Continues to Deal Out Complexity with Marketplace Laws
Four years ago this month, the Supreme Court of the United States rocked the world of retail with its ruling on South Dakota v. Wayfair, Inc. (June 21, 2018). The decision allowed states to tax remote sales — those made by businesses with no physical ...
Sales Tax
What Brick-and-Mortar Businesses Need to Know About Compliance
Automating compliance tasks can help brick-and-mortar retailers thrive in new situations.
Sales Tax
New York Extends Alcohol To-Go Drink Sales, Clarifies 'Substantial Food Item' Provision
When the pandemic forced restaurants and bars to close the front of the house, New York was the first state to temporarily authorize takeout and delivery sales of alcoholic beverages. Cocktails to go helped many businesses in many states weather the ...
Sales Tax
Explaining Global Tariffs: Let's Look at a Can of Tuna
Though bare shelves have become a familiar sight during the pandemic, American supermarkets still offer an incredible array of choices when it comes to food. There are more than 100 commonly eaten breakfast cereals alone, and entire warehouse stores ...