Taxes March 31, 2026
WalletHub compared all 50 states by examining the three major types of state tax burdens—individual income taxes, property taxes, and sales and excise taxes—and calculating their cost as a percentage of total personal income in each state.
July 27, 2021
A tsunami of trouble is on the way for millions of businesses, and most don't know it's coming.
July 27, 2021
Change is afoot as we come to the halfway mark of 2021. As COVID-19 relaxes its stranglehold on the United States, states are considering how tax policies can be adjusted to help mitigate the worst effects of future crises. Across the Atlantic, the ...
July 26, 2021
Because no two sales tax holidays are alike, the summer sales tax holiday season is particularly burdensome for companies selling qualifying products into multiple states. Key considerations for retailers include:
July 22, 2021
In addition to the new opportunities Grant Thornton will bring to Orlando’s diverse workforce, the facility will provide an even greater experience for the firm’s client base. In the CoE’s initial phase, Grant Thornton will enhance its growing ...
July 22, 2021
When businesses introduce a new product or service, it must be classified into the correct tax category. With more than 13,000 sales and use tax jurisdictions in the U.S. alone, and many having unique sets of rules for how products and services are ...
July 21, 2021
Sovos GTD Cloud scales horizontally to handle unlimited transaction volume. It delivers active-active clusters across globally distributed, secure data centers to enable differentiated reliability and no downtime, even in the event of a data center ...
July 9, 2021
The new EU VAT regulations impose additional compliance burdens and increased complexity with changes to rates, thresholds and remittance processes for all merchants remotely selling into the EU. Assure offers a complete solution for the merchant to ...
July 7, 2021
Together with existing Sovos capabilities, the acquisitions create a complete VAT, SAF-T and business-to-government (B2G) compliance solution for customers operating in Portugal, while adding compliant e-invoicing connectivity and extended digital ...
July 1, 2021
On June 30, 2021, Missouri became the last state with a sales tax to require out-of-state sellers and marketplace facilitators to collect and remit sales and use tax. It’s been a long time coming.
June 30, 2021
As new value-added tax (VAT) rules for e-commerce transactions take effect on July 1, 2021, this integration will help companies remotely selling and supplying intra-European Union goods by enabling them to seamlessly calculate tax using Vertex ...
June 22, 2021
Twenty-nine state tax departments responded they will follow the federal treatment of such forgiveness or cancellation under section 1160(i) of the CARES Act and will not treat these amounts as taxable income. An executive summary of the survey, which ...
June 22, 2021
Trade treaties are formal agreements between two or more countries that make it easier to trade between each other by reducing tariffs, quotas, and other trade restrictions. For businesses, assembling and maintaining content related to treaties ...