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
The Data and Marketing Association (DMA, formerly Direct Marketing Association) and the Colorado Department of Revenue reached a settlement agreement over the State’s Notice and Reporting Requirements imposed on out-of-state retailers who are not required to collect tax on sales to customers in … [Read more...] about Fight Over Colorado Notice & Reporting Law Finally Ends
Many Canadian companies have considered expanding their businesses across the border into the United States over the years but have hesitated due to the relatively weak value of the Canadian dollar. Times have changed, however, and the weakening of the U.S. dollar has prompted many Canadian … [Read more...] about State Tax Concerns for Canadian Businesses Selling in U.S.
The federal government, as well as states, use tax credits, deductions and incentives to encourage investment, boost employment and stimulate innovation. No matter if your company is new, growing or well established there are a variety of tax credits and incentives available that you may be eligible … [Read more...] about Tax Credits & Incentives
Whether your business uses electricity, natural gas or other energy sources, one thing is certain: the cost of these commodities is a considerable part of your operating expenses. Today, most businesses are striving to be more energy-efficient and are considering “green” energy initiatives in … [Read more...] about Saving Energy and Taxes on Utilities
Paying the correct amount of sales and use tax is a critical issue for many businesses. Companies do not want to create potential liabilities by not collecting tax on sales; but at the same time, these businesses should also be concerned that they are not overpaying or remitting too much sales and … [Read more...] about Sales Tax Refund Opportunities