CPA Practice

APRIL 19, 2024

By 2027, marketplaces may account for 59% of ecommerce globally. The success of online marketplaces is inspiring many retailers to operate marketplaces of their own. As the retailer liable for sales tax, marketplace facilitators are typically responsible for validating exempt transactions too.

Tax 59

Tax Wyoming Alaska Louisiana 59

PYMNTS

JULY 14, 2020

Utah-based FuturePay has consistently appeared in PYMNTS’ top 5 alternative credit apps, with its offer of flexible monthly payments for consumers and up-front settlement for merchants. The account comes with 1.30 Klarna also launched its new “Klarna: Swedish for smooother shopping” campaign in June.

Utah 52

Utah accounting and finance Sales New York 52

PYMNTS

JANUARY 7, 2019

Some attempts were made to illegally access accounts. The firm also advises customers not use the same password over many sites, as it seems the attackers in this case managed to turn that common user practice into illicit access to account information. The attackers managed to make off with user names and passwords.

Wyoming 55

Wyoming Idaho Utah Construction 55

PYMNTS

MAY 4, 2016

The moves comes as the firm is working to account for declining loan volumes. The biggest individual cut will be a Utah office dedicated to lending for medical procedures, but 14 percent of Prosper’s San Francisco- and Phoenix-based workforce is also on its way out the door.

Utah 42

Utah Healthcare accounting and finance Retail 42

PYMNTS

AUGUST 12, 2020

Louisiana jewelry store owner Nora Buttross told a local ABC affiliate that it’s an outgrowth of the stimulus dollars that hit consumers’ bank accounts earlier this year. They want that Manhattan property, but also that getaway in Park City [Utah].” The relief-package checks are making a difference,” she said. “I

Hawaii 89

Hawaii Utah Louisiana Nevada 89

CPA Practice

JULY 18, 2023

Worldwide retail ecommerce sales could reach $6.169 trillion in 2023 and comprise 22.3% of total retail sales. Code § 15-5-133 , freight costs incurred prior to retail sale are considered part of gross sales and therefore subject to tax. Is shipping taxable? They’re generally exempt when the sale is exempt.

Sales 98

Sales Retail Tax West Virginia 98

TaxConnex

SEPTEMBER 7, 2023

Location, location, location 501(c)(3) organizations are exempt from sales tax on their purchases in Colorado and in Utah. In Arizona , for instance, sales to nonprofits are generally not exempt but retail sales usually are. Most states, like Michigan , require special registration for exemption.

Sales 147

Sales Tax Non-Profits North Carolina 147

CPA Practice

APRIL 10, 2023

Georgia, Hawaii, Idaho, Kentucky, Utah, South Carolina) No state/local retail sales tax on accommodations but a state tax on accommodations and local jurisidictions can impose local accommodations taxes (e.g., It’s hard to get an exact count of taxing jurisdictions from states that don’t administer the taxes.

Tax 85

Tax West Virginia Wisconsin Virginia 85

ThomsonReuters

OCTOBER 20, 2020

Companies potentially impacted by telecommuting nexus complications include small to medium-size retailers whose physical footprint is limited to one or two states, and whose sales to/transactions with customers in most states do not otherwise exceed economic presence thresholds. Inconsistent COVID-19 guidance on sales and use tax nexus.

South Dakota 40

South Dakota Sales Tax Rhode Island 40