State Tax Authorities Issue Special Coronavirus Provisions

Several state tax authorities have announced various relief provisions for businesses and individuals impacted by the Coronavirus.  In many cases, the provisions are an emphasis of relief provisions already available such as extensions to file

Avoid Costly State Use and Sales Tax Mistakes

Many businesses find themselves purchasing a significant amount of supplies and equipment online. However, chances are your business does not have a policy in place to identify online purchases where sales tax has not been paid at the time of purchase and remits use tax on these items.

2019-03-19T15:21:01-04:00February 15, 2019|Categories: Accounting, Tax: Business, Tax: State & Local|Tags: |

Virginia Tax Conformity and Its Impact on 2018 Filings

Every year, passing tax conformity legislation in the General Assembly is an important issue for Virginia taxpayers, and failure to pass conformity early in the legislative session can cause severe disruption and delay in filing returns and receiving timely refunds.

2019-02-28T21:17:05-05:00January 21, 2019|Categories: Tax: Business, Tax: Individual, Tax: State & Local|Tags: , |

IRS Regulation May Impact Donations for Certain Charities

For many years, states provided incentives for taxpayers to contribute to certain charitable organizations or state sponsored activities by giving a generous credit against state [...]

Supreme Court Ruling Fundamentally Alters Sales Tax

The U.S. Supreme Court has fundamentally altered Wayfair, Inc., and other online retailers’ ability to offer items at a lower cost than their brick and mortar counterparts. States can now require online retailers to collect sales tax from every customer no matter if they have a physical location in the shopper’s state, leaving online consumers to pay more for the items they buy.

2018-08-17T15:00:49-04:00June 28, 2018|Categories: Tax: Business, Tax: State & Local|Tags: , , |