Tax & Accounting Blog

California – affiliate nexus law put on hold for a year- legislators make deal with Amazon

California – affiliate nexus law put on hold for a year- legislators make deal with Amazon

California Governor Jerry Brown signed AB 155 (AB 155) on Friday, September 23rd.  The deal made between Amazon and California legislators is that they will work together to get a uniform federal standard for taxing internet sales passed in Congress and Amazon will drop the ballot initiative to get the affiliate nexus tax put … Read More

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Kentucky Outlining Plan to Eliminate Income Taxes

2011 gubernatorial candidate David Williams has released a plan that would eliminate state personal and corporate income taxes in Kentucky in order to spur job growth.  Williams’ plan currently doesn’t propose an alternative to the income tax, but under his plan a commission would develop a new structure.  Some reforms discussed include giving counties the … Read More