The economy will be forever changed by the COVID-19 pandemic. The way we live. The way we work. The way we buy. The challenges ahead are far from over despite states beginning to reopen.
With millions unemployed and the service …
As we face tremendous challenges due to the COVID-19 outbreak, “cost savings” is paramount to a company’s survival. With brick and mortar sites closing, salary cuts and, unfortunately, layoffs, there is a way for tax and accounts payable teams to …
The Alaska Remote Seller Sales Tax Commission has passed its Uniform Code, as it applies to Remote Sellers and Marketplace facilitators. This is a streamlined Code that accommodates the individual rates and exemptions of multiple jurisdictions within Alaska, with single-level, …
Texas has adopted an economic nexus threshold for its franchise tax. This means that a foreign (non-Texas) taxable entity might have franchise tax nexus even if it has no physical presence in the state. The new economic nexus threshold is …
The Pennsylvania DOR has issued guidance, effective December 3, 2019, to inform persons responsible for charging, collecting and remitting sales tax of the requirements relating to sales tax absorption. Persons who sell tangible personal property or services subject to sales …
States are continually refining provisions on economic nexus standards, and companies must ensure they are following all revisions to comply with economic nexus standards. However, the question still needs to be asked – “What about physical presence?” While one side …