201810.15
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Texas Tax Exempt Organizations: Collecting Sales Tax and One Day Tax-Free Sales

In our last blog we discussed the rules regarding tax exempt purchases by and to tax exempt organizations. When it come to collecting sales tax, tax exempt organizations are required to collect and remit sales tax for all taxable items sold. A sales tax exemption is for purchases and does not cover sales. As with…

201809.13
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Texas Tax Exempt Organizations: Purchases and Sales

TEXAS: Navigating through the tax-exempt organization landscape can be confusing and daunting. Over the next few blogs we will look at different aspects of the tax-exempt scenario. This segment will focus on purchases and sales by tax exempt organizations. Tax-Exempt Purchases: Organizations that have been granted tax exemption will receive a letter of sales tax…

201808.31
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Texas Tax Exempt Organizations: Criteria and the Application Process.

TEXAS: Over the next few blogs we will take look at Sales to and Purchases by Tax Exempt Organizations. For an organization to be granted exemption from paying state sales taxes, there is criteria that must be met. The parent organization must recognize the organization as a subordinate under the group exemption. The group exemption…

201808.01
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Tax Free Back to School Shopping Around the Corner!

Texas – August 10-12 Wisconsin – August 1-5 Iowa – August 3-4 Louisiana – August 3-4 Florida – August 3-5 Mississippi – August 3-5 Missouri – August 3-5 New Mexico – August 3-5 Ohio – August 3-5 Oklahoma – August 3-5 South Carolina – August 3-5 Virginia – August 3-5 Arkansas – August 4-5 Maryland…

201806.21
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SCOTUS ruling: Wayfair vs. South Dakota

MULTISTATE: The court vacated and remanded the decision of the South Dakota Supreme Court. The decision overruled Quill Corp v. North Dakota’s physical presence rule. The Justices Held: “Because the physical presence rule of Quill is unsound and incorrect, Quill Corp. v. North Dakota, 504 U. S. 298, and National Bellas 2 SOUTH DAKOTA v….

201805.23
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FICPA Mega Conference in Orlando, Florida

Our partner, Chanel Christoff Davis, will be presenting a topic as a featured speaker at this year’s Florida Institute of Certified Public Accountants’ Mega CPE Conference. The session topic, “Multi-State Nexus and The Amazon Effect”, will address the current sales tax legal landscape. The US Supreme court case, Wayfair vs South Dakota will also be…