September 05, 2024 | Posted By: Frank Kinsinger
Taxpayer (Carfax) was unable to sway the MO Supreme Court that purchases of equipment used to produce vehicle history reports (VHRs) should be exempt from sales tax.
Although Missouri has very liberal sales tax exemptions on equipment used in manufacturing, …
September 05, 2024 | Posted By: Frank Kinsinger
The cannabis industry is still in its infancy, but with expanded legislation and ever-flowing capital, it stands to grow from a projected $27.7 billion in 2022 to over $149 billion by 2031. The race-to-market and product demand now support …
September 05, 2024 | Posted By: Web Page
Now more than ever, states are stepping up efforts to fill their coffers by auditing companies for sales and use tax. With the Wayfair decision affecting remote sellers and the proverbial pause in audits in 2020 due to COVID, sales …
September 05, 2024 | Posted By: Web Page
Navigating the sales & use tax audit process can consume a great deal of time and resources, so it pays to know what can trigger an audit and how to prepare if you find yourself facing one. Learn more about …
September 05, 2024 | Posted By: Web Page
Sales and use tax is often an afterthought for many production-centric taxpayers, but there are nuances in case law that can lead to material overpayments. Fact is, unless you keep track of case law changes, you could very likely not …
September 05, 2024 | Posted By: Web Page
On April 19, 2021, Florida Governor Ron DeSantis signed into law economic nexus legislation for remote sellers to register for sales tax by meeting the state-specific thresholds. With the date of implementation on July 1, 2021, remote sellers should review …
