Sales Tax

As property values surge, some state lawmakers are hoping to end the property tax. Doing so would not be cheap or easy.

Qualifying items would not be subject to the state sales and use tax during the adventure awaits sales tax holiday. As with all Alabama tax-free weekends, local jurisdictions may choose to participate — or not.

Expanded sales tax liability is a potential minefield for businesses of all sizes, especially those with ecommerce activities, requiring constant tracking and application of changing tax rates across thousands of jurisdictions in the U.S.

Collecting, validating, storing, and renewing exemption certificates is a challenge for many tax and finance departments.

In 2023, businesses faced 444 sales tax rate changes spanning state, county, city and district jurisdictions, marking a 17% rise from last year's combined rate changes. This surpasses the former record of 412 rate changes witnessed in 2017.  

A new report shows continued changes to economic nexus and marketplace facilitator laws in the U.S. and the expansion of e-invoicing globally in 2024, both of which will lead to the likelihood of increase sales tax audits.

Vertex excelled in numerous areas across IDC’s survey results, earning high ratings for user experience, data management, cloud native architecture and superior features and functionality.

The partnership between Avalara and Actabl consolidates revenue and tax data from various business systems, streamlining tax compliance processes through automation.