The day before Kansas' new sales tax policy for taxing remote sellers was set to go into effect (October 1), the State's Attorney General issued an opinion declaring the policy to be invalid. According to Attorney General Opinion No. 2019- 8: "Kansas has no legally adopted standard by which the … [Read more...] about Kansas AG Declares Remote Seller Sales Tax Invalid
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Special Edition – Small Business Newsletter: A Deep Dive into QuickBooks Online
Special Edition of the Tronconi Segarra & Associates LLP Newsletter Tronconi Segarra & Associates has partnered with Intuit, parent company of QuickBooks, to assist clients with maximizing their use of QuickBooks Online (QBO). Whether you are a current QBO user, a QuickBooks desktop user … [Read more...] about Special Edition – Small Business Newsletter: A Deep Dive into QuickBooks Online
Tronconi Segarra & Associates Merges with Lockport CPA Practice
James S. Segarra, CPA, Managing Partner of Tronconi Segarra & Associates LLP certified public accounting/business consulting firm, announced today that his Firm of 113 associates has merged with Scott A. Cain, CPA, and six associates from his previous firm, Wittlin, Cain, & Dry, LLP. With … [Read more...] about Tronconi Segarra & Associates Merges with Lockport CPA Practice
More States to Enforce Remote Seller Filing Requirements Starting This Fall
A number of states will begin enforcing their new sales tax filing requirements for remote sellers in the coming weeks. Since the U.S. Supreme Court's decision in South Dakota v. Wayfair Inc. in June of last year, that eliminated Quill's physical presence standard for sales tax nexus, just about … [Read more...] about More States to Enforce Remote Seller Filing Requirements Starting This Fall
Illinois Amnesty Available
The Illinois Department of Revenue is offering an amnesty program between October 1, 2019 and November 15, 2019. If eligible tax liabilities are paid in full during this period, applicable interest and penalties will be waived. Eligible liabilities are taxes due from periods ending after June 30, … [Read more...] about Illinois Amnesty Available
Supreme Court Overturns Quill
On June 21, 2018, the U.S. Supreme Court issued a pivotal decision in South Dakota v. Wayfair, Inc., overturning the physical presence standard previously established in Quill Corp. v. North Dakota (1992). This requirement prevented state and local taxing authorities from imposing sales tax … [Read more...] about Supreme Court Overturns Quill