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2024: What’s coming up in sales tax

TaxConnex

For five years, states have been whittling their transaction thresholds – Colorado, Iowa, Massachusetts, North Dakota, Washington and California were among the first, in 2019 – sometimes simultaneously raising their dollar-volume thresholds.

Sales 264
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Taxes on Digital Products Varies Widely – A State-by-State Guide

CPA Practice

Digital music, digital books, digital videos, and digital games are taxable regardless of the delivery or access method but only if the buyer has a permanent right to use them. Digital property, including digital photographs and video games, is generally taxable; see also the Kentucky Department of Revenue. Washington, D.C.

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The Benefits of Delayed Business Filings

CPA Practice

Timing is Everything In the complex world of small business finance and accounting, the strategic timing of business filings can be a game-changer. Here’s what’s involved in a delayed filing so you can advise your clients on their options. Your clients may want to delay the incorporation process until the new year for several good reasons.

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Friday Footnotes: Florida Man’s Tax Problem; Accountants Are Walking Out; BDO Assures on Tether | 2.10.23

Going Concern

Port: State Auditor rips lawmakers, officials as ‘corrupt’ over bill on what office can charge for audits [ INFORUM ] A strange and interesting read on the drama at the North Dakota State Auditor’s office.

Florida 105
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Why Google Ditched Perishables

PYMNTS

” That scaling will see Google up its last-mile instant delivery platform very far and wide with launches in Minnesota, Nebraska, Colorado, North Dakota, South Dakota, Mississippi and New Mexico. . “And now, we’re really, dramatically scaling the business.”

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Walmart Pay Launches In 16 States, DC

PYMNTS

Back in December, Walmart announced plans to enter the mobile payments game with its own proprietary payments platform by turning the Walmart.com app into the way that consumers can pay at the physical point of sale. The retail giant’s payment method is finally here. Walmart officially launched Walmart Pay today (June 23) across 15 U.S.

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State Regulators Investigate Payday Advances

PYMNTS

And though Earnin’ is the most recent firm to catch the eye of regulators, it is far from the only player in the pay advance game. The DFS’ investigation will be conducted alongside regulators in Connecticut, Illinois, Maryland, New Jersey, North Carolina, North Dakota, Oklahoma, Puerto Rico, South Carolina, South Dakota and Texas.