TaxConnex

SEPTEMBER 13, 2022

Remote retail sales just got rockier in Colorado, which has begun imposing a 27-cent fee on every retail delivery made by motor vehicle to a destination in the state. The fee will apply when at least one item is subject to sales or use tax and the delivery is mailed, shipped or delivered by motor vehicle. Stay tuned.

Colorado 246

Colorado Tax Sales tax return 246

TaxConnex

DECEMBER 10, 2020

The case was referred to investigators after an auditor found that the business hadn’t filed quarterly sales tax returns or remitted sales tax collected for that period. In another case, Ohio AG Dave Yost is trying to crack down on online retailers of beer and wine with a recent injunction in federal court this week.

Sales 240

Sales Tax Ohio Nebraska 240

TaxConnex

MARCH 31, 2022

One quick explanation of the difference is an example from Alabama : The consumers use tax is imposed on tangible personal property brought into Alabama for storage, use, or consumption in the state when the seller did not collect seller’s use tax on the sale of the property. California state income tax return.”.

Alabama 246

Alabama Tax Washington California 246

TaxConnex

SEPTEMBER 26, 2023

“Revenue” can also vary, meaning “ gross revenue ” in some states and “taxable receipts” or “retail receipts” in others. (We Usually all retail sales of tangible personal property (TPP) are taxable, but many states have started to tax services. They also take the burden of sales tax obligation off the seller. Taxability.

Sales 264

Sales Tax South Dakota Colorado 264

TaxConnex

SEPTEMBER 17, 2024

You will only charge sales tax once you have an obligation in a location. Can my sales tax calculation software manage my sales tax filings? Can the sales tax calculation software also file the sales tax returns? Some software solutions provide an “auto-file” capability that will file the sales tax returns.

Sales 264

Sales Tax Technology tax return 264

TaxConnex

NOVEMBER 23, 2021

A time many retail businesses rely on to meet their year-end numbers. eCommerce has become a growing and important aspect of retail sales. Other reports show that eCommerce made up roughly $1 out of every $5 spent on retail in 2020, up from about $1 out of every $7 spent in 2019. eCommerce grew by more than 40%.

Sales 246

Sales Tax tax return Retail 246

CPA Practice

APRIL 10, 2023

By Gail Cole A bill making its way through the Colorado General Assembly could help all businesses, and especially small businesses, comply with the retail delivery fee (RDF) that took effect July 1, 2022. What is the Colorado retail delivery fee? Benefits to the state The retail delivery fee benefits Colorado in a few ways.

Colorado 107

Colorado Retail Sales Tax 107

SkagitCountyTaxServices

NOVEMBER 8, 2023

Even if your business isn’t centered on retail, are there offers you can create to capitalize on Black Friday? Specifically, that means high-income earners, partnership income tax returns, large corporations, and promoters “aggressively peddling abusive schemes.”

income tax 71

income tax tax return Tax audit 71

Going Concern

OCTOBER 10, 2024

ACCOUNTING CANDIDATES FTE Accounting | Candidate ID # 22574493 Certifications: EA in process Education: BA Business Experience (years): 20+ years accounting experience Work experience (detail): Currently Accountant & Office Manager at a CPA firm Full cycle accounting, reconciliations, financial reporting AP/AR, payroll processing and quarterly (..)

Real Estate 59

Real Estate Account accountant accounted 59

TaxConnex

DECEMBER 28, 2021

More than $1 in every $4 spent on retail purchases during the 2021 holiday season will come from online orders, by some estimates (with about two out of every five of those done via a smartphone, other industry observers add ). But digital revenue for November and December is still expected to hit $212.28 billion in U.S.

Sales 246

Sales Tax audit tax return 246

TaxConnex

MARCH 24, 2022

A marketplace facilitator is a platform where third-party sellers of any size and geographic area can facilitate retail sales by listing their products, while the marketplace facilitator processes payments, collects receipts and in some cases assists in shipment. returns for direct sales and indirect sales. What are they?

South Dakota 245

South Dakota Nevada Missouri Minnesota 245

TaxConnex

JULY 15, 2021

Colorado lawmakers have adopted SB21-282 , which extends the exception to destination sourcing requirements; the exception applies only to businesses with less than $100,000 in retail sales. 1, 2022, though, all retailers must apply the destination sourcing rules when calculating, collecting and remitting state sales tax.

Sales 219

Sales Tax Louisiana North Carolina 219

TaxConnex

AUGUST 31, 2023

Since, every state with a statewide sales tax (and countless localities, especially in places like California and Alaska ) has enacted economic nexus laws, meaning e-commerce vendors of products and, increasingly, services must collect and remit sales tax and file sales tax returns with individual states.

Sales 264

Sales E-commerce Tax Alaska 264

TaxConnex

MARCH 26, 2024

The purchaser – not the retailer – has the responsibility for determining whether or not a sale is exempt from tax. If the purchaser does not submit a valid exemption certificate to the retailer, the retailer has the responsibility to assess and collect the sales tax from the purchaser.

Sales 203

Sales Tax Retail tax return 203

Going Concern

OCTOBER 17, 2024

ACCOUNTING CANDIDATES FTE Accounting / Bookkeeping | Candidate ID #18014117 Certifications: QBO ProAdvisor, Xero Certified Education: BA, MBA Accounting Experience (years): 9+ years accounting experience Work experience (detail): Currently a Senior Bookkeeper/Team Lead with a public firm 5+ years managing outsourced accounting for multiple clients (..)

Real Estate 64

Real Estate Account accountant accounted 64

TaxConnex

NOVEMBER 22, 2022

Another cost-effective approach to adding sales and use tax advisory services: partnering with sales and use tax experts. Accounting and CPA firms looking to expand their services into the sales and use tax niche, often have pent-up demand within their own client base. Review the sales tax payable account.

accounting firms 130

accounting firms Sales Tax tax return 130

CPA Practice

DECEMBER 19, 2023

SB 7733 would impose an excise tax on licensed dealers in firearms, firearms manufacturers, and sellers of ammunition. The 11% tax would apply to the gross receipts from the retail sale of any ammunition, firearm, or “major component of a firearm” in New York. Will New York tax all guns and ammunition?

New York 133

New York Tax Manufacturing tax return 133

CPA Practice

APRIL 28, 2024

The business structure they choose dictates the type of income tax return form that the business owner will file each year. An S corporation is a corporation that elects to pass corporate income, losses, deductions and credits to its shareholders for federal tax purposes. Self-employment tax. Excise tax.

tax return 132

tax return income tax Tax business tax 132

Going Concern

OCTOBER 24, 2024

TAX AND ACCOUNTING CANDIDATES FTE Tax and Accounting | Candidate ID #22557459 Certifications: EA, Intuit Tax Academy Education: MBA Accounting, JD Experience (years): 6 years of overall experience Work experience (detail): Tax senior with a national tax service International tax experience National client tax practice Adept at tax research Client niches: (..)

Real Estate 59

Real Estate Account accountant accounted 59

TaxConnex

AUGUST 1, 2023

What extra charges were involved in the return? Have you already filed your sales tax return based on the original amount of sales tax charged? If you refund the full price, then you’re entitled to take a credit with the state for the full sales tax you returned to the customer.

Sales 130

Sales Rhode Island Tax Michigan 130

Going Concern

NOVEMBER 7, 2024

TAX AND ACCOUNTING CANDIDATES FTE Tax and Accounting | Candidate ID #23571431 Certifications: CPA in process Education: BBA Accounting, MA Accounting Experience (years): 5+ years of accounting and tax experience Work experience: All in public accounting Performs full cycle accounting and tax preparation Financial compilations and reporting with clients (..)

Real Estate 52

Real Estate Account accountant accounted 52

TaxConnex

MARCH 2, 2021

Estimates reportedly said the tax will generate up to $250 million but opponents promise legal challenges. Maryland has also extended time free of interest and penalties to file sales and use tax returns due between Jan. This affects returns for sales taking place from December through this month. Mississippi’s ?

Sales 246

Sales Tax Missouri Wisconsin 246

CPA Practice

DECEMBER 19, 2023

Erie County, New York, exempts energy sources and services New York state sales tax doesn’t apply to retail sales of residential energy sources and services, but local sales tax does apply in many jurisdictions, including Erie County. For renewals occuring December 1, 2023, the retail tobacco permit fee is $50.

South Carolina 111

South Carolina Tax Florida tax return 111

PYMNTS

FEBRUARY 23, 2016

While a National Retail Federation survey found that 65.5 percent of the country expected to receive a tax refund, almost half (49.2 percent) said that they had already made up their minds to send the funds to savings accounts rather than a retailer’s till. Money saved is spending potential down the road.”

tax return 40

tax return Retail Tax income tax 40

Going Concern

AUGUST 9, 2022

Earlier this year, the IRS said in a report to Congress only about 20% of callers have been getting through to live IRS agents and estimated that more than 3 million tax returns are still being processed from 2021. Rettig said the agency competes with retail giants like Amazon, Walmart and Target for the same labor pool.

tax return 124

tax return income tax Retail Tax 124

Going Concern

JANUARY 9, 2025

TAX CANDIDATES FTE Tax Senior | Candidate ID #23616387 Certifications: EA Education: BS Accounting, MS Taxation Experience (years): 10+ tax and accounting Work experience (detail): 6+ in public accounting 3 in healthcare industry Full cycle accounting and financial reporting Prepared tax filings for individuals, SMBs, partnerships, nonprofits 30% review (..)

Real Estate 52

Real Estate Account accountant accounted 52

TaxConnex

AUGUST 22, 2024

There’s always something changing in the world of tax, especially sales tax. The state of Washington is inching toward instituting a retail delivery fee. Saslaw as a responsible person for the sales tax obligations with check-signing authority, authority over business decisions and daily involvement in operating the business.

Sales 147

Sales Tennessee Illinois Tax 147

Going Concern

NOVEMBER 21, 2024

TAX CANDIDATES FTE Senior Tax Accountant | Candidate ID #23560436 Certifications: EA in process Education: BBA Accounting Experience (years): 7+ years in public accounting Work experience (detail): Tax manager with a CPA firm Client account clean up Prepared 500+ returns in 2024 tax season Reviewed 200+ returns Client niches: Manufacturing, Hospitality, (..)

Real Estate 52

Real Estate Account accountant accounted 52

TaxConnex

APRIL 6, 2021

Use tax remittances are paid by the purchaser to Nebraska using one of two returns. Businesses with sales tax permits may use Nebraska and Local Sales and Use Tax Return, Form?10 10 to report use tax. Individuals may report their use tax liability using Nebraska and Local Individual Use Tax Return, Form 3.

West Virginia 147

West Virginia Sales Nebraska Alaska 147

TaxConnex

APRIL 13, 2023

Our third annual survey of financial professionals across accounting, manufacturing, construction, software and technology, retail/eCommerce, telecom and others showed that many industries face sales tax challenges and that financial leaders continue to lean on internal resources to get the job done. What’s keeping them up at night?

Sales 130

Sales Tax tax return audit 130

Going Concern

DECEMBER 5, 2024

TAX CANDIDATES FTE Tax Senior | Candidate ID #22391832 Certifications: CPA Education: BBA Accounting Experience (years): 20+ years accounting Work experience (detail): All in public accounting Led tax practice Trusts, Estates, Partnerships, S-Corps Review of team’s workpapers and preparation Client niches: Real Estate, Manufacturing Tech Stack: UltraTax, (..)

Real Estate 52

Real Estate Account accountant accounted 52

TaxConnex

MAY 30, 2023

Nexus continues even after a person stops activities that originally established nexus … This one-year trailing nexus concept applies to all taxes you report on the excise tax return, including retail sales tax.”

Sales 130

Sales Michigan Tax Wisconsin 130

Going Concern

SEPTEMBER 5, 2024

TAX AND ACCOUNTING CANDIDATES FTE Tax and Accounting | Candidate ID #22410136 Certifications: CPA Education: BS Accounting, MBA Experience (years): 15+ years accounting experience Work experience (detail): Currently a Tax Senior at a CPA firm Experience with expense planning for S-corps Filed 150+ SMB and individual tax returns last season Tax planning (..)

Real Estate 105

Real Estate Account accountant accounted 105

MyIRSRelief

AUGUST 2, 2024

They must withhold federal income tax, Social Security, and Medicare taxes from employees’ wages and pay the employer’s share of these taxes. Additionally, businesses must file employment tax returns and make timely deposits. Ensure that your tax returns accurately reflect these limitations.

audit 130

audit Tax Nevada Colorado 130

Going Concern

OCTOBER 31, 2024

TAX AND ACCOUNTING CANDIDATES FTE Tax and Accounting | Candidate ID #22591376 Certifications: CPA Education: BBA Accounting Experience (years): 5+ years accounting experience Work experience (detail): All in public accounting Tax planning and client advisory Experience reviewing tax returns Client relationship management experience Client niches: SMBs, (..)

Real Estate 59

Real Estate Account accountant accounted 59

Anders CPA

NOVEMBER 29, 2022

Who will be most impacted by the new retail delivery fee Colorado has begun collecting, and how can businesses adjust? Although the retail delivery fee is based in Colorado, businesses in other states that sell taxable goods to Colorado customers will also feel the effects. Key Takeaways: The retail delivery fee amounts to $0.27

Retail 52

Retail Colorado tax return Sales 52

PYMNTS

APRIL 16, 2018

Dubbed YES GST, the product is an overdraft facility that provides small business owners with funding based on their annual turnover and data from tax returns.

tax return 43

tax return Tax Technology B2B 43