Davis & Davis is thrilled to be a Silver Sponsor for Convergence 2017. Convergence 2017 is the annual premier educational event for the North Texas Financial Community hosted by the Dallas CPA Society. It will be held on Friday, May 12, 2017, at the InterContinental Dallas Hotel. Registered attendees will receive 8 hours of CPE…
Louisiana’s state’s sales tax increased from four pennies to five pennies per dollar April 2016. According to the Tax Foundation, a nonprofit tax policy research organization, the combined average state and local sales tax businesses collect in Louisiana is 9.99%. That easily secures Louisiana at the top spot in the nation for highest average sales…
Starting today, the retail giant Amazon.com will begin collecting sales tax on its sales in South Dakota. This change was brought on by South Dakota’s newly enacted economic nexus legislation Senate Bill 106 requiring certain out-of-state businesses without a physical presence in the state to collect and remit tax on South Dakota transactions. This is…
MULTI-STATE- Making extra money by renting out a spare bedroom or an entire home has gotten increasingly easier, thanks to online listing services such as Airbnb and Homeaway. The increase in popularity of such services has given rise to unforeseen tax liabilities and consequences. Homeowners are often unaware that they must collect and remit hotel…
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…
We know sales tax doesn’t take center stage in your world, but it does in ours. We are always looking for an audience for our expertise. Let us shed some light on sales tax to help you better serve your clients. Recent topics include: Preparing for a Texas Sales Tax Audit Click-Through Nexus Laws Sale/Use…
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…
Sales tax is often not on the top of a company’s list of priorities. Making earnings projections, payroll, and IRS deadlines loom heavy on the minds of many CFOs and controllers. Sales tax is many times an afterthought, an accrual account on their balance sheet, or not even a thought at all. Fill out the…
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…
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…
