Sales Tax

November 23, 2020 

Today, sales and use tax automation is a necessity for any retailer of any size. It doesn’t matter if you’re selling from a single location in Chicago, or have locations across the U.S., you need something that will properly collect and ...

Mary Girsch-Bock

November 20, 2020 

Because of the new challenges brought forth by the pandemic, we added a new category this year for COVID-19 response for tax and accounting,” said Brian Peccarelli, chief operating officer of Customer Markets for Thomson Reuters.

November 17, 2020 

Yearli Premier offers a robust data platform that provides users with increased flexibility, improved productivity and enhanced collaboration. The platform integrates seamlessly into popular software packages, and it can ...

November 16, 2020 

On November 3, 2020, residents of Arizona, Montana, New Jersey, and South Dakota voted to allow the possession, use, and retail sale of marijuana. Once retail stores in these states are up and running, tax from sales of cannabis and cannabis products ...

Gail Cole

November 9, 2020 

State and local income taxes imposed on and paid by a partnership or S corporation on its income are allowed as a deduction by the partnership or S corporation in computing its non-separately stated taxable income or loss for the taxable year of ...

November 9, 2020 

Kansas isn’t alone in taxing remote sales, but it is unique. Following the Wayfair decision, legislatures in most states adopted economic nexus laws requiring certain out-of-state businesses to register then collect and remit sales tax.

November 9, 2020 

The California Department of Tax and Fee Administration (CDTFA) is being sued for “crushing thousands of small business owners” by holding Fulfillment by Amazon sellers liable for back sales tax. The Online Merchants Guild, a trade association for small online businesses, is the plaintiff. The language of the suit is at times inflammatory: It warms...…

November 5, 2020 

Avalara has acquired the operational assets of Business Licenses, LLC, a company that provides software and services for the research, acquisition, and management of business licenses, registrations, and permits for businesses of all sizes.

October 5, 2020 

Avalara, Inc. has acquired Transaction Tax Resources, Inc. (TTR) for approximately $377 million in cash. TTR, known as the tax answer company, primarily serves enterprise businesses and their internal tax teams, offering U.S. sales and use tax rates, laws, software, and customer support required for the biggest and most complex companies. Avalara is a provider of...…

September 24, 2020 

The coronavirus (COVID-19) pandemic has made selling online essential for many businesses. Economic nexus and marketplace facilitator laws obligate many online sellers to register in states where they have no physical presence.

September 23, 2020 

The shift from cable to streaming services has taken an enormous bite out of state and local tax collections. To replenish their coffers, state and local governments have developed a patchwork of new streaming-specific taxes that ...

September 22, 2020 

The flurry of activity at the city and district levels indicates that taxes will continue to play a major role in the post-COVID economy. Future adjustments could take the form of a tax decrease to stimulate economic activity.