Sales Tax Compliance It’s been a challenge for businesses across the country to manage sales tax compliance ever since the South Dakota v. Wayfair decision. Today, there are different sales tax laws in almost every state as well as hundreds of local jurisdictions. And sales tax rates are constantly changing.
The Supreme Court’s landmark 2018 ruling in the South Dakota V. Wayfair case changed the rules for when out-of-state businesses across a wide range of industries are required to collect and remit sales tax. (surprise – it’s not just retail!). What the Wayfair ruling changed Prior to the ruling, businesses
The intersection of the landmark 2018 Supreme Court ruling in South Dakota v. Wayfair with the rapid expansion of doing business in multiple states using various selling platforms has quickly complicated sales tax compliance. Most states followed suit with the Wayfair ruling mandating businesses without a physical presence in a
https://www.youtube.com/watch?v=URoXXG3n3Hs Can’t watch the video? Get the transcript. If you think sales tax compliance is only an issue for retailers, you might be in for an unpleasant (and expensive) surprise. In this Ask the Experts episode, Sales Tax Compliance Director and practice leader Cheryl Ganim and leading Sales Tax Compliance
What you don’t know can hurt you. And that’s particularly true when it comes to sales tax nexus. Since the 2018 South Dakota v. Wayfair decision and the pandemic-fueled explosion of online sales, physical presence isn’t the de facto nexus standard any longer. In this post, we’re digging into the
What you don’t know can hurt you. And that’s particularly true when it comes to sales tax nexus. Since the 2018 South Dakota v. Wayfair decision and the pandemic-fueled explosion of online sales, physical presence isn’t the de facto nexus standard any longer. In this post, we’re digging into the
When should your company consider investing in sales tax automation and outsourcing sales tax compliance? Businesses with sales into multiple states that have crossed the economic nexus thresholds may have multiple state sales tax filing requirements every month. Yes. Every. Month. Typically, businesses handle the sales tax compliance function in-house,
Ohio House Bill 33 changed the sales tax holiday to allow tax-free purchases of tangible personal property costing under $500 per item (with certain exceptions). Ohio’s 2024 3-day sales tax holiday is expanded to 10 days from midnight, Tuesday, July 30, 2024, until 11:59 pm, Thursday, August 8, 2024. During
Barnes Dennig is dedicated to helping you identify opportunities, options and strategies to minimize the impact of the COVID-19 Pandemic. Visit our COVID-19 Advisory Services Page here to learn more. Alabama Effective immediately, the Department of Revenue is extending relief to businesses who are unable to timely pay their February,
Sales growth is exciting. And expanding into new markets can be great for your bottom line, but it can also cause sales tax compliance issues. E-commerce has exploded over the past 18 months in the wake of the global pandemic – which means many more companies are selling in many
Ohio Governor Mike DeWine signed the Ohio biennium budget, Am. Sub. House Bill 110, earlier this summer providing funding to the state for the next two years. Included in the bill was the repeal of sales tax on employment service provider (“temp agency”) fees beginning October 1, 2021 in Ohio.
By working together, Fractional and SALT professionals deliver integrated solutions that increase efficiency and value, maximize resources, reduce costs, and help your business thrive. Fractional Accounting and Advisory Services refer to financial and accounting professionals who offer their expertise and services on a recurring scheduled basis. The right fractional resource