Tax & Accounting Blog

‘Tis The Sales Tax Holiday Season

With summer officially here, consumers in various US states can start looking forward to some tax-free shopping weekends. As in years past, many tax holidays are set to occur in July and August. Several states are having back-to-school sales tax holidays such as Mississippi and Puerto Rico in July; Alabama, Arkansas, Florida, Iowa,  Missouri, Oklahoma, South Carolina, … Read More

Ohio Tax Amnesty Program announced for 2012

Ohio Tax Amnesty Program announced for 2012

The 2012-2013 Ohio budget bill, signed by the governor on June 30, 2011, contains a tax amnesty program for certain delinquent state and local taxes, including sales and use taxes, corporate franchise tax, commercial activity tax, estate tax, motor fuel taxes, cigarette taxes, school district income taxes, and tangible personal property taxes. The tax amnesty … Read More

California Clarifies New Nexus Requirements

California Clarifies New Nexus Requirements

Signed by Governor Brown on June 28th L. 2001, AB28 (1st Extra. Sess.) expands California’s use tax registration requirements to large out-of-state retailers that were previously not required to collect use tax on sales through mail order, telephone orders, or the Internet to California customers. This legislation, which was effective upon signature, provides that: A “retailer … Read More

California passes Amazon tax law effective July 1st

California passes Amazon tax law effective July 1st

California passed affiliate nexus tax legislation yesterday (AB 153, AB 155 and SB 234).  Effective July 1st, the new rule requires out of state retailers to collect sales tax on purchases made over the internet by their California click-through customers.  California is the largest state to pass such legislation and now joins several other states … Read More