Tax News

The state of state sales tax in 2017

February 9, 2017

More than 20 governors referenced sales tax in their 2017 State of the State address. Under consideration: state sales tax rate changes, taxing more services, and online sales tax.

Taxing edible wearables – Wacky Tax Wednesday

February 8, 2017

If you’re a seller of candy bras, gummy panties, or edible thongs, you probably don’t blush when you talk shop. But if you’re of a more delicate disposition, tax automation can come in handy. There’s no need to have awkward conversations about the taxability of edible undies when you manage sales and use tax compliance with tax automation software.

Sorting out sales tax in Bristol TN /VA – Wacky Tax Wednesday

February 1, 2017

When you set up shop in Bristol TN/VA, make sure you know which side of the street — and state line — you’re on. It makes a difference for sales tax.

Amazon’s airborne fulfillment centers – Wacky Tax Wednesday

January 18, 2017

You’ve probably heard by now that Amazon was recently granted a patent for an airborne fulfillment center and its accompanying delivery drones. But have you considered how flying warehouses could impact sales tax?

A call for national sales tax – Wacky Tax Wednesday

January 11, 2017

There’s no shortage of reasons to abolish the federal income tax. But does replacing it with a national sales tax make sense?

Taxing the 12 days of Christmas – Wacky Tax Wednesday

January 4, 2017

How sales tax applies to two turtle doves. eight maids-a-milking, and the rest.

Tax advantages of chocolate-free gingerbread – Wacky Tax Wednesday

December 20, 2016

How gingerbread is dressed (with or without chocolate) affects how it’s taxed in Britain.

And a partridge in a tax-exempt tree – Wacky Tax Wednesday

December 14, 2016

Why legislators in one state exempt Christmas trees while those in another do not has more to do with politics than the Christmas spirit. But retailers don’t need to know why what they sell is or isn’t exempt, they just need to get sales tax right.

To get sales tax right, read the fine print – Wacky Tax Wednesday

December 7, 2016

Auditors are on the lookout for businesses that fail to fulfill their sales and use tax obligations. Getting tax wrong can lead to stiff penalties and fines.

Saving on sales tax – Wacky Tax Wednesday

December 1, 2016

It’s sometimes possible to save money by saving on sales tax, and when it happens, it feels good. But for businesses, messing up sales or use tax is never fun.