Bennett Thrasher, one of the nation’s largest and fastest-growing certified public accounting and consulting firms, announces the promotions of Tim Brunelle and Chris Roane to partnership. Brunelle and Roane provide consulting and advisory services in the firm’s Tax and Dispute Resolution & Forensics practices.
In today’s dynamic retail landscape, collecting sales tax on in-state sales is a critical aspect of doing business. Understanding the intricacies of sales tax collection, whether in physical stores or…
In today’s complex business landscape, navigating sales tax compliance can be a daunting challenge. Sales tax laws are ever-evolving, and making costly mistakes in this area can lead to severe…
Earlier this week, Georgia Governor Brian Kemp signed legislation (SB 56) that will require retailers to collect sales tax on in-state sales of digitally downloaded products. Learn more.
In the early stages of the pandemic, state revenue forecasts anticipated losses of approximately $370 million (a decrease of over 40%). Amidst these changes, states looked to evolve their existing tax laws to bridge the anticipated budgetary shortfalls.
The global pandemic has catalyzed the use of remote workforces. As previously discussed in this article, there are challenges and intricacies for employer nexus and employee withholding, and many states have continued to expand and extend relief granted to companies with employees working remotely due to the COVID-19 pandemic.
1. Merely Selling to Customers in Certain States Likely Results in a Sales Tax Issue
Businesses must have a “physical presence” (e.g., an employee) within a state before they are required to charge sales tax to in-state customers, according to a landmark 1992 U.S. Supreme Court case.
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