DALLAS, TX / ACCESSWIRE / July 29, 2024 / Demonstrating its commitment to technological leadership in the sales tax consulting sector, Davis Davis & Harmon LLC (DDH), the nation’s largest woman- and minority-owned firm, today announced its strategic adoption of Alteryx, a leading enterprise analytics platform. The adoption of Alteryx enhances DDH’s robust data analytics capabilities and reinforces…
Inflation and ensuing high interest rates in 2023 pushed typical capital providers into conservation mode; investors moved to protect their portfolios, and corporations focused on profitability versus the risks of growth. For service providers, these conditions created challenges in landing new clients or renewing existing contracts, but resilient financial executives navigated the troubled waters. But…
The holiday season is here, and with it comes the excitement of finding the perfect gifts for loved ones. But for business owners, it also means staying on top of sales tax obligations during the busiest time of the year. Holiday shopping often means increased sales, which can impact your tax liability. If your business…
The Louisiana House Ways and Means Committee took a significant step by advancing House Bill 8, which aims to modernize the state’s tax code. The bill passed without opposition and proposed applying the state sales tax to digital products and services, reflecting the growing shift to online consumption. Under the legislation, streaming platforms like Netflix…
Sales tax compliance is becoming increasingly complex for software and tech companies. As software transitions from tangible products to cloud-based services, understanding the nuances of sales tax can be challenging for many tech industry businesses. A critical first step is determining whether your company has a “nexus” in a particular state. Nexus refers to a…
Registering to Collect and Remit Sales Tax: Where to Begin Once you’ve identified where you have sales tax obligations, it’s time to register with each state to start collecting and remitting sales tax. Here’s how to get started: Obtain a Sales Tax Permit Before collecting sales tax, you must register for a sales tax permit…
With the rapid rise of social commerce, platforms like TikTok are no longer just for viral dances and trending challenges—they’re also major players in e-commerce. The launch of TikTok Shop has made it easier than ever for brands and creators to sell products directly within the app. However, as convenient as this may be, it…
The relationship between nonprofits and sales tax can be confusing. Nonprofits are often exempt from paying federal income taxes, but this doesn’t automatically mean they’re exempt from state sales taxes. Each state has its rules for how sales tax applies to nonprofit organizations, and navigating these regulations is essential to staying compliant. In many states,…
Great news for Oklahoma residents—grocery prices are about to take a welcome dip! With inflation putting pressure on household budgets over the past few years, any reduction in the cost of essentials like food is a significant relief. The Oklahoma state legislature has recently passed a bill to reduce the sales tax on groceries. For…
As the digital economy continues to expand, Texas is updating its tax rules to better reflect the realities of the 21st-century marketplace. The Texas Comptroller’s office recently announced changes to how digital products, such as software, streaming services, and online content, are taxed. What’s Changing? Under the new rules, Texas will impose sales tax on…
