September 21, 2018
In a recent interview with Avalara, Jennifer Kolterman, CPA, a director at Hutchinson and Bloodgood LLP in the accounting firm’s San Diego, Calif., office, discussed how she and the firm maintain success in the accounting profession.
September 20, 2018
It’s hard to escape any discussion of Wayfair these days. This isn’t surprising, as we witnessed history on June 21, 2018, when the U.S. Supreme Court overturned the physical presence standard in South Dakota v. Wayfair. And in doing so, overturned ...
September 10, 2018
Every transaction between a buyer and a seller should be taxed or documented, which is a lot of work. Instead, many companies take the risk that they won’t get caught, while others assume they are exempt from sales tax collection because they are ...
September 9, 2018
Although we have the decision from SCOTUS, many questions remain. How will the states proceed with remote seller legislation? What will the effects be of the South Dakota remand? Will Congress step in and pass any federal legislation?
September 6, 2018
Join BKD’s Bob Johnson Jr. and Jim Pierzchalski for a 60-minute discussion covering updates and key considerations related to state income and sales tax. With recent state tax legislative updates in response to U.S. federal tax reform and the U.S. Supreme Court’s South Dakota v. Wayfair, Inc. decision, it’s important to understand how these issues—such as economic...…
August 31, 2018
Tax reporting and compliance has proven difficult to keep up with in recent years, and these changes just throw more fuel onto the fire. For CPAs focused on tax, these new changes will usher in even more complexity into their day to day jobs.
August 26, 2018
Melissa A. Oaks, J.D., LL.M. Managing Editor,Thomson Reutershttps://tax.thomsonreuters.com/checkpoint/catalyst Twitter: @melissaaoaks Career Highlights: I started my career practicing law in New York – first, within a large firm’s tax division and later, as a sole practitioner. I joined Thomson Reuters in 2013 as part of a talented team developing state and local tax content for a...…
August 24, 2018
Stock prices for virtually every major ecommerce company took a nosedive on June 21, immediately following a landmark Supreme Court ruling on internet sales taxes. They’ve since bounced back, but the pain this decision will inflict on internet ...
August 24, 2018
There always seems to be an amnesty program going on somewhere. We recently reported on an amnesty program in Texas and other states are jumping on the bandwagon as well. The recent Wayfair Supreme Court decision has shed light on the requirements to ...
August 21, 2018
First and foremost, you’ll need to get a sales tax permit — it’s against the law to collect sales tax without one. Getting a sales tax permit is just one of the many things you have to do when you start a business. To get one, complete your ...
August 15, 2018
When any article on sales tax is above the fold on the first page of any printed or online publication, it’s either a very slow news day or a very big deal. In late June, the business and tax community witnessed a case that made headlines coast to coast.
August 13, 2018
Here is news from several states. I don't think most states will strive to collect below the thresholds of the South Dakota law, but you never know. I think we'll hear from more states soon and perhaps even from a few in Congress.