If you missed this live Lunch & Learn Webinar, you can listen to the recorded webinar presented by Tronconi Segarra & Associates State & Local Tax (SALT) professional Tom Mazurek, CPA, who discusses what businesses need to understand about evolving nexus issues. Nexus is the existence of … [Read more...] about New SALT Webinar: Update on Evolving State & Local Tax Nexus Issues
Nexus
Two breaking Maryland tax updates: Maryland Sales Tax on Digital Products
The Maryland Legislature overrode the Governor’s veto of House Bill 932 on February 12, 2021. The override will allow for sales tax to be imposed on digital products and streaming services. Under Maryland law, the legislation takes effect 30 days after the override, so this new sales tax will be … [Read more...] about Two breaking Maryland tax updates: Maryland Sales Tax on Digital Products
Maryland Digital Advertising Tax
The Maryland Legislature overrode a Governor’s veto last month of House Bill 732. The override of this bill will allow for a new tax to be imposed on digital advertising, effective for tax year 2021. This is a tax on gross receipts derived from digital advertising. The tax could apply to taxpayers … [Read more...] about Maryland Digital Advertising Tax
Doing Business in the U.S. – Sales Tax Update and State Mandates
If you are selling products and/or services into the U.S., are you confident that you are collecting and remitting the correct sales tax on those sales? The U.S. Supreme Court landmark S. Dakota v. Wayfair, Inc. ruling nearly two years ago has caused 48 out of the 50 states to enact economic nexus … [Read more...] about Doing Business in the U.S. – Sales Tax Update and State Mandates
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
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