1 min read

EYE ON Massachusetts Sales Taxes

By Jeff Meigs on Thu, Oct 06, 2016 @ 02:00 PM

The Massachusetts sales and use tax is imposed on taxable retail sales and the use of tangible personal property and designated services. The statewide general tax rate is 6.25%. There are no local sales or use taxes imposed in Massachusetts.   

Topics: sales tax Massachusetts
2 min read

Arizona Teases TPT Simplicity…. AGAIN

By Noelle Ard on Thu, Sep 29, 2016 @ 10:06 AM

I believe it was about this same time last year where I could barely contain my excitement…Arizona (AZ) was FINALLY going to roll out their “simplified” return filing process for all locals which would reduce the number of local level returns that would need to be filed, as everything would then be reported and remitted to the state and distributed accordingly.  Then something happened…. or maybe something didn’t happen, regardless, AZ pulled back on their yearlong commitment of making 2016 a more “simplified” filing year, and halted the “TPT Simplicity Project.”

Fast forward to this week, I received an email alert notifying me that TPT Simplification is drawing near, and effective with the January 2017 liability (due February 2017), TPT Simplification will be up and running and ALL locals will be reported and remitted to the State of Arizona via the Transaction Privilege Tax Return. 

Topics: sales tax Arizona
1 min read

Frustrated with Your Sales Tax Audit?

By Brian Greer on Thu, Sep 22, 2016 @ 11:23 AM

Sales Tax Audit Assessments - How to Avoid An Uphill Battle

Recently, I’ve had several discussions with companies about a sales tax audit assessment they’ve received.  They come to me in an attempt to negotiate a settlement with the state.  The problem is that they were clearly at fault and are now struggling with the reality of paying the back taxes, penalties, and interest. 

There’s typically not much I can do in this situation unless they are willing to pursue an offer in compromise which requires the tax payer to share their financial details with the state…essentially proving that the full payment of the assessment will put them out of business.  The angle is that the state is better off accepting some percentage of payment on the initial assessment while keeping the company in business long-term…ideally yielding a bigger financial gain long-term.

Voluntary Disclosure Agreements White Paper

Topics: sales tax sales tax audit audit
1 min read

EYE ON Maryland Sales Taxes

By Jeff Meigs on Thu, Sep 08, 2016 @ 10:30 AM

 

Topics: sales tax Maryland
2 min read

Wait…You want to REWARD me with TAX?

By Noelle Ard on Thu, Aug 11, 2016 @ 02:00 PM

Let’s get real, sometimes we are too busy “multi-tasking” that we hear something in the background that just makes us turn our head in awe (like a confused puppy).  Over the last week I was filing sales tax returns and had “background noise” on (the news) and I overheard a local TV station mention...

Topics: sales tax
1 min read

EYE ON Maine Sales Taxes

By Jeff Meigs on Thu, Aug 04, 2016 @ 09:57 AM

Topics: sales tax Maine
4 min read

Sales Tax and Pokémon Go

By Brian Greer on Tue, Jul 26, 2016 @ 02:00 PM

 

If you have children, then you’re probably aware of the recent Pokémon Go phenomenon. 

It’s a virtual reality game that requires the player to interact with their environment in the quest to find various Pokémon characters, evolve them, and wage battles with other players’ Pokémon.  

Topics: sales tax pokemon
2 min read

Filed An Online Sales Tax Return Lately?

By Brian Greer on Thu, Jul 21, 2016 @ 10:30 AM

I often speak with companies that are considering sales tax compliance outsourcing.  I’m surprised at the frequency I hear comments like, “all the returns are filed online – it’s easy”. I guess the people that tell me that haven’t filed a return online recently.  Or perhaps they are filing in some of the less complicated states. 

Topics: sales tax online filing
1 min read

Sales Tax Relief for Internet E-Tailers?

By Brian Greer on Tue, Jul 19, 2016 @ 10:30 AM

Just last week new legislation was introduced into the US House of Representatives by Congressman Jim Sensenbrenner (R-WI.). 

Topics: sales tax nexus sales tax Amazon
2 min read

If You’re a Contractor You May Owe More Sales Tax

By Brian Greer on Thu, Jul 14, 2016 @ 10:30 AM

Sales tax for contractors can seem quite simple on the surface but there are some unique factors to consider.

Generally speaking, a contractor is considered the end user consumer of any materials they purchase and are required to pay either sales or use tax on the purchase of these materials.  Additionally, generally speaking, a contractor’s receipts – that is what they charge their customer – are not subject to sales tax. 

Topics: sales tax
2 min read

What Triggers a Sales Tax Audit?

By Brian Greer on Wed, Jun 29, 2016 @ 11:38 AM

A sales tax audit can be your worst nightmare as a business owner or operator. Even in the best case scenario, you’ll lose incredible amounts of productivity cooperating with state authorities who have an unbelievably frustrating eye for detail.  In the worst case scenario, you’ll end up with a huge bill you weren’t expecting.
Topics: sales tax sales tax audit sales tax auditor audits
1 min read

Tennessee Challenges Physical Presence Nexus Standard

By Brian Greer on Tue, Jun 21, 2016 @ 10:30 AM

 

Topics: sales tax nexus sales tax
1 min read

Some Not So New and Exciting Things About Sales Tax

By Robert Dumas on Thu, Jun 16, 2016 @ 02:00 PM

Sometimes it’s difficult to find something  new and exciting about sales tax and sales tax compliance to share.  (Can you imagine not having anything exciting to say about sales tax?)  

Topics: sales tax nexus sales tax
1 min read

Vermont is Next to Introduce Economic Nexus for Sales Tax

By Brian Greer on Tue, Jun 14, 2016 @ 02:33 PM

In the continued assault on the physical presence standard generally associated with sales tax nexus, Vermont has recently passed legislation affecting “out-of-state” retailers. 

Similar to the South Dakota legislation recently passed, and taking components of the Colorado reporting requirements, Vermont’s legislation was signed by the Governor on May 25, 2016.  Fortunately, for “out-of-state” retailers, there’s a bit of time before they must follow these new requirements – July of 2017 – or the first day of the first quarter following any overturning of the Quill physical presence standard.

Topics: sales tax Vermont economic nexus
1 min read

Data Consistency with Sales Tax Compliance

By Anne Birkmann on Thu, Jun 09, 2016 @ 02:00 PM

The monthly sales tax compliance process is highly dependent on the available data. 

This data should be consistent from month to month.  The data consistency I’m referring to is the format of the report each time it is generated.  Of course there will be new source systems (new billing systems or new ecommerce applications) occasionally, but the data format each month should be the same. 

Topics: sales tax compliance sales tax
1 min read

EYE ON Louisiana Sales Taxes

By Jeff Meigs on Tue, Jun 07, 2016 @ 10:36 AM

The Louisiana sales and use tax is imposed on retail sales of tangible personal property and enumerated services.  A use tax is imposed on the purchase and use within Louisiana of tangible personal property and enumerated services where sales tax was not charged by the retailer.  The state sales and use taxes are imposed at the rate of 4%.

Topics: sales tax Louisiana