Colorado’s sales and use tax regulations landscape is undergoing significant shifts, mainly concerning economic nexus provisions and the role of home rule municipalities. Colorado state and local sales taxes, the implementation of sales and use tax simplification programs, and the response of self-collecting home rule municipalities, particularly in light of the Colorado Municipal League’s Model…
Sales Tax registrations are crucial for your business’s compliance and growth. Sales Tax is a government-imposed levy on the sale of goods and, in many cases, services—the funds collected from sales tax support public services and projects. Why Do You Need to Register for Sales Tax? Legal Compliance: Registering for sales tax is often a…
Five years have passed since the groundbreaking Wayfair decision by the Supreme Court, which opened the doors for states to demand remote sellers to collect and remit sales tax. Initially hailed as a revenue boon for states, the aftermath has brought various challenges and revisions to the original framework. The evolution of transaction thresholds and…
Nexus Sales Tax laws require out-of-state businesses to record, collect, and remit taxes on taxable sales to customers in the state. A business must still follow the rules, even without a physical presence in the state. The laws are based on the company’s financial activities, such as the number of sales made or the number…
We can register your organization to collect sales and use tax when you establish NEXUS in a taxing jurisdiction where you were not previously registered.
Multi-State Taxation – A Growing Concern With the issue of multi-state taxation becoming a growing concern, your company needs to determine if it has a legal presence (NEXUS) within Texas, or other taxing jurisdictions. We can provide help with the complex and confusing laws regarding NEXUS. If you are not a Texas company but you…
Manufacturers, wholesalers, and distributors believe they have nominal sales tax obligations due to the probability of sales tax-exempt transactions. This is not always correct. Businesses can be manufacturers and distributors, as wholesalers and distributors are often used interchangeably. The theory to consider is whether the sales by these types of businesses are exempt or not…
Arizona-based Halstead Bead Inc., an online retailer that sells jewelry-making supplies online, has filed a lawsuit against the state of Louisiana and several parishes to challenge the state’s approach to collecting sales taxes. Earlier this year, Louisiana lawmakers sought to streamline the sales tax collection process with a constitutional amendment with an eight-member commission rather…
Texas: In September, the City of Farmers Branch joined partner cities in a lawsuit against the Texas Comptroller of Public Accounts to delay, modify or rescind proposed changes to local sales tax collection rules expected to effect October 1, 2021. The 2018 United States Supreme Court decision, South Dakota versus Wayfair, Inc., allowed states to…
CA: An out-of-state online retailer’s petition for redetermination of its obligation to collect California sales and use tax was denied because the taxpayer, by applying for and maintaining a valid certificate of registration, assumed a responsibility to collect tax. In this matter, the California Department of Tax and Fee Administration determined that the taxpayer was…
