On January 15, 2019, The New York State Department of Taxation and Finance released Notice N-19-1, Notice Regarding Sales Tax Registration Requirements for Businesses with No Physical Presence in New York State. Click here for Notice N-19-1 https://www.tax.ny.gov/pdf/notices/n19-1.pdf The … [Read more...] about Wayfair comes to the Empire State
If your business uses Fulfillment by Amazon (FBA) where Amazon handles third-party seller’s back-end operations, including storage, fulfillment and customer service, you may have sales & use tax nexus in those jurisdictions where the internet retailer has fulfillment centers. Amazon will ship a … [Read more...] about Fulfilllment by Amazon Creates Sales Tax Concerns
States are aggressively looking for taxpayers that are doing business in their state and not filing returns. Rather than wait until your company receives a state tax notice, we recommend that you proactively look at where your company may have state tax return filing requirements. Once a state has … [Read more...] about State Taxes – Are You in Compliance?
A current prevailing view amongst the states is that their nexus rules, which determine when an out-of-state company is subject to taxation, have not kept pace with the economic realities of how companies conduct business across state lines. To combat this, several states are moving away from the … [Read more...] about Nexus Creep – Corporate Income Tax
Following the U.S. Supreme Court’s decision in South Dakota v. Wayfair, Inc. on June 21, 2018 overturning Quill’s physical presence requirement for sales tax nexus, state taxing authorities have been implementing new sales tax filing requirements similar to the legislation passed by South Dakota. … [Read more...] about California Implementing New Sales Tax Filing Requirements
Now is the perfect time to determine whether your business is in compliance with the state and local tax laws of the jurisdictions where you are selling your goods and services. This may be the last thing you are thinking about or want to be thinking about right now, but given the current tax … [Read more...] about State and Local Tax Checkup