Sales tax rules and rates are subject to frequent changes, driven by the flexibility of states and municipalities to address revenue shortfalls. However, some tax jurisdictions are taking a unique approach by using new sales taxes to attract investors.
Online sales tax is a complex and evolving topic, as demonstrated by the case of Arkansas. The state has taken steps towards implementing online sales tax collection by establishing nexus through affiliates. However, many companies, including Amazon, chose to cut ties with their Arkansas affiliates instead of collecting and remitting sales tax.
Don't be fooled by calculated error when using "free" automated sales tax calculators. While they may seem like a convenient and cost-free solution, these calculators often overlook a crucial question: "Is this sale taxable?" Taxability depends on various factors such as state laws, product usage, and company exemptions.
The Iowa bill decreasing sales tax for manufacturers is facing potential changes and controversy. The legislation, known as House File 2433, introduces tax breaks for supplies used in manufacturing, research and development, data processing or storage, and recycling activities.
Bad customer service can be a frustrating experience for any business. From outsourcing to foreign countries to lack of personalized care, the indicators of poor customer service are evident. In the realm of tax software, it is crucial to look for specific signs to assess the efficiency and accuracy of customer service.
Sales tax compliance is a crucial aspect of any business, as even innocent mistakes can lead to significant problems. The concept of a baker's dozen, with its origins in ensuring fair weight, connects to the issue of sales tax. Dunkin' Donuts faced a lawsuit for overcharging customers, with franchisees incorrectly applying sales tax to items that shouldn't have been taxed.
A sales tax rate hike can have a significant impact on various aspects of the economy and public finances. While it may seem like a simple adjustment, the implications can be far-reaching.
The implementation of online sales tax in Oklahoma raises questions about whether it should be considered a tax hike. Governor Mary Fallin argues that it is not, as consumers and businesses were already expected to pay these taxes.
The Marketplace Fairness Act (MFA) and its implications for online sales tax have been a topic of discussion for over a year. While the bill passed in the Senate, progress in the House has been slow.
Sales tax funds play a crucial role in financing community projects, and during election seasons, special ballot initiatives to raise sales tax for such endeavors become prominent. These initiatives aim to utilize sales tax dollars to fund projects and services that benefit the taxpayers directly.
The intriguing tale of airship sightings in the late 19th century raises questions about the imposition of sales taxes on airships. Although the airship sightings of 1896-1897 were shrouded in mystery and possibly a hoax, the Arkansas General Assembly saw an opportunity to consider taxing the freight carried by these enigmatic vessels.
The debate surrounding the construction of a wall on the U.S./Mexico border raises questions about the potential sales tax implications involved. As Bloomberg ponders the involvement of sales and use taxes, considerations arise regarding which entities would be responsible for building the wall and whether civilian contractors would be subject to sales tax on the materials.
The possibility of implementing a national sales tax rate took center stage at a recent hearing held by the House Ways and Means Committee's Tax Policy Subcommittee. The aim of such a tax would be to simplify the complex landscape of sales tax regulations, where varying rates and taxable items across different jurisdictions create confusion and compliance challenges.
Exploring the history of sales tax software unveils the significance it holds when selecting the right solution for your business. Surprisingly, there have been only 15 patents awarded for sales tax software in the entire history of the United States.
Globalization has brought about various implications, including the ability for forces within one country to shape and impact others. However, in the context of sales tax software, the focus shifts to the challenges of obtaining technical support from offshore locations like India.
Sales and use tax regulations in the context of oil fields can be complex and vary depending on the location. While certain situations may have straightforward answers, such as collecting sales tax on acidizing wells in South Dakota, many factors come into play.
Sales Tax DataLINK offers comprehensive tax services and software solutions to streamline sales and use tax compliance. Their team of specialized accountants is passionate about sales and use tax, ensuring accuracy and efficiency for clients.
While manufacturing companies typically don't have to collect sales tax like retail companies, it's essential to consider the broader customer base. Manufacturers often find themselves selling directly to end-user consumers in various scenarios.
Staying updated on sales tax changes can be as unpredictable as the weather, especially when dealing with multiple jurisdictions. Just like the seasons, sales tax fluctuates and adapts.
The discussion around implementing a VAT (value-added tax) in the United States raises questions about the readiness of the country for such a change. Unlike sales tax, a VAT is paid at every stage of the supply chain, adding value and accumulating taxes along the way.
BlogEdwin Flores2023-11-03T08:37:15-05:00
