201611.16
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5 Things You (Probably) Never Knew About Sales Tax!

Multi-State – Sales tax requires compliance throughout the year. This necessitates corporations, small business, and entrepreneurs to maintain massive amounts of documentation to ensure compliance with sales tax rules constantly. With that in mind, we came up with a quick list of a few facts that you may not already know. Click the slider to…

201611.09
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Tricks and Traps States Use To Get Their Sales Tax Revenue

It’s no secret that states are struggling to earn revenue and to fill their coffers. Due to the current economic crunch states have become quite savvy in finding non-compliant taxpayers who have not registered to collect and remit sales tax. In our business we have heard and seen it all. We always cringe when a…

201611.02
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Engaged in Business in California? Use Tax Owed

CALIFORNIA:  Numerous use tax bulletins are being updated by the California State Board of Equalization.  This is so that taxpayers understand what triggers a use tax obligation. A business is engaged in business in California and required to remit use tax if any of the following apply. Physical Business:  You, a subsidiary or agent directly…

201610.19
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Cowboy’s Stadium early pay-off due to Sales Tax boon

Texas – Just in time for kick-off of the 2015 NFL football season, “America’s Team” is ranked as the top revenue grossing sports franchise in the world by Forbes.com. If this trend continues, Arlington taxpayers can expect an estimated $97.9 million in savings due to the early repayment of the 30-year stadium bond. This is…

201608.24
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RSM Law Firm Speaker Series: How to Prepare for a Sales Tax Audit!

Tax returns for income tax are required to be filed only once a year, whereas sales tax requires compliance throughout the year. This necessitates corporations, small business, and entrepreneurs to maintain documentation to ensure compliance with sales tax rules constantly. After this discussion, you will be able to walk away equipped with knowledge of how…

201608.10
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The new “Netflix Tax” changes how new media platforms do business

Multi-state – Netflix is a new platform that has revolutionized the way we watch movies and consume media. In addition to Netflix, consumers utilize various platforms such as Dropbox, Hulu, Tidal, Spotify, Apple Music, and Pandora to receive and stream original content. “States are constantly faced with the challenge of administering taxes and keeping pace…

201608.03
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Back To School Sales Tax Holiday

NATIONWIDE – According to the National Retail Federation, Back To School is a $72 billion industry. On average, a family spends $637.78 on apparel, shoes, supplies and electronics to get ready for the school year. Sales have started popping up and so have the dates for the Back to School Sales Tax Holidays. Alaska, Delaware,…