June 22, 2018
The Supreme Court has ruled the physical presence standard it upheld in Quill Corp. v. North Dakota (1992) is “unsound and incorrect.” That means states are allowed to tax businesses that don’t have a physical presence in the state.
June 22, 2018
On Thursday, the U.S. Supreme Court announced its decision in the South Dakota v. Wayfair, Inc. case to overturn the 1992 Quill, Corp. v. North Dakota nexus holding that a company must have a physical presence in a state before it can be held liable ...
June 21, 2018
The Supreme Court on Thursday standardized taxing rules for traditional retailers and online transactions, ruling that states and localities may collect sales taxes on all purchases over the internet. By a 5-4 vote, the justices that ruled that online sellers can be required to collect state and local taxes from customers even if the internet...…
June 19, 2018
For years, accountants have heard that our profession is changing. With the advent of new technology, we no longer will be data entry specialists or spend excess billable hours working on tax returns; instead, we have to morph ourselves into trusted ...
June 19, 2018
As ecommerce has made it easier for even small businesses to makes sales to customers across the U.S. and around the world, Avalara's technologies have been unheralded in their role. The company's sales tax engine integrates with more than 600...
May 28, 2018
In Part 2 of this interview, Scott Peterson, Vice President of U.S. Tax Policy and Government Relations for Avalara, continues his discussion with Jason Heckel, Senior Director of Tax at Zillow Group, who describes how he led Zillow in automating their...
May 21, 2018
If the Court Overturns Quill, Will it Apply Retroactively? Were the Wayfair Court to apply the decision to overturn Quill retroactively, remote sellers, including Wayfair, could argue that this amounts to a discriminatory tax on interstate commerce ...
May 21, 2018
In this issue, we review several sales and use tax software products that are designed to make managing sales tax functions easier. Many of the products offer tracking and filing in all the necessary states, though a few offer filing capabilities in ...
May 14, 2018
Accountants are being pulled in to the trend of the online marketplace. The ease offered by online ecommerce platforms means even small clients can suddenly be mired in complexities of multistate tax rules from their very first sale.
May 11, 2018
On Friday, Avalara, Inc. announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating to a proposed initial public offering of its common stock.
May 8, 2018
Bloomberg Tax queried the states on nexus, tax treatment of pass-through entities and intangible holding companies, conformity to federal tax reform, methods of sourcing income, sales tax refund actions, requirements for reporting federal changes ...
May 7, 2018
Accountants are being pulled in to the trend of the online marketplace. The ease offered by online ecommerce platforms means even small clients can suddenly be mired in complexities of multistate tax rules from their very first sale.