Sales Tax
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Utah to See Big Changes to Sales Taxes in 2020
It’s done. Utah is transforming the state’s sales tax system as part of a broader tax reform package. Upcoming changes include: Adding an additional excise tax on diesel fuel Adding sales tax to charges to access digital products and services Adding sales tax to motor fuel and special fuel other than diesel Broadening sales tax to […]
How to Quickly Register for Sales Tax in New States
Many businesses share the goal of increasing sales and expanding into new markets. But, now that most states tax sales by out-of-state sellers, such growth often brings new sales tax collection obligations.
2019 Saw Many Sales Tax Changes Across U.S.
Hawaii, Illinois, Michigan, and Wisconsin now require marketplace facilitators to collect and remit tax on third-party sales – this was effective January 1, 2020.
Hawaii and Arizona Expand E-Filing and Payment Requirements for Sales Tax
More businesses are required to electronically file and remit Arizona transaction privilege tax (TPT) and Hawaii General Excise Tax (GET) in 2020 than in previous years. Arizona As of January 1, 2020, businesses with an annual TPT or use tax liability of $5,000 or more in Arizona must pay and file returns electronically. The threshold has dropped significantly: […]
Tax Season Liability Issues for Tax Pros
Many professional liability claims arise because the tax pro had insufficient time to properly review client information received and an otherwise avoidable error is made on the client’s tax return. To help reduce this risk, be proactive and contact ...
Push for Real-Time Sales Tax Remittance Resurges in Massachusetts
Massachusetts Governor Charlie Baker’s 2021 budget proposal includes a plan to require businesses to remit sales tax more quickly. This is the third time he’s pushed for faster sales tax remittance since taking office in 2015. Will the third time be the charm? The latest plan applies to electronically remitted sales and use tax, local option […]
Avalara Announces 17 Newly Certified Integrations into Business Applications
These integrations enable customers of Avalara partner solutions to benefit from Avalara’s real-time calculation of applicable taxes for billing line items. Avalara software reduces the tedium and complexity of determining taxes for ...
Grant Thornton Launches Indirect Tax Platform
The platform bridges the various indirect tax management functions into one simplified workflow, easing the compliance burden in addition to providing insight for strategic management.