Tax News

Juice sold with love – Wacky Tax Wednesday

August 24, 2016

Selling any amount of marijuana to another person is prohibited under D.C. law and under Initiative 71. So what’s an entrepreneur with a passion for selling pot to do?

Elvis is dead. Long live the tourist development zone – Wacky Tax Wednesday

August 17, 2016

A special district tax in Graceland is expected to generate millions for Memphis in the years to come. I think Elvis would have liked that.

Economic nexus trumps affiliate nexus

August 15, 2016

Sales tax compliance will become much more complex for retailers if Quill is eventually overturned or federal lawmakers agree to grant states the authority to tax remote sales. Avalara AvaTax provides a reliable alternative to manual processes while integrating seamlessly with most all accounting systems.

Head-spinning sales tax policies – Wacky Tax Wednesday

August 10, 2016

Sales tax compliance is confusing, especially since policies are subject to frequent change.

Historic India GST Approved

August 3, 2016

India is preparing to simplify its convoluted tax regime with a uniform GST.

Tax tips for businesses in the freelance economy

July 29, 2016

As more and more Americans trade steady paychecks for contract jobs, the W-9 economy is here to stay.

Alcohol taxes can drive you to drink – Wacky Tax Wednesday

July 13, 2016

The crazy-complicated world of alcohol tax can drive you to drink, especially if you handle it manually. Sales tax software-as-a-service simplifies tax compliance, keeping you on the wagon.

Colorado confusion – Wacky Tax Wednesday

July 6, 2016

The state allows an exemption for medication prescribed and sold by veterinarians, but Loveland doesn’t because it taxes the tangible personal property and services that are taxed by the state. Clear as mud.

Happy Fiscal New Year: 2016 Sales Tax Changes take effect July 1

June 29, 2016

There have been a number of red-letter changes to date in 2016, most notably with respect to state sales tax rates and remote sales tax laws. On July 1, local sales and use tax rate changes will sweep the nation.

Baby blues: taxing essentials – Wacky Tax Wednesday

Many states allow a sales and use tax exemption or reduced rate for certain essential items, but there is little consistency in the items considered essential. In Connecticut, for example, disposable and reusable diapers for children are subject to tax but adult diapers are exempt.