Tax & Accounting Blog

Ready for Black Friday?

Ready for Black Friday?

Our previous posts have described how connecting your transaction system to a patented tax database gives you access to the most accurate tax calculations for all your products at lightning fast speed. To truly be prepared for Black Friday, you need uninterrupted service, timely tax content, and a top-notch support team to address all … Read More

Geography Awareness Week

Geography Awareness Week

Happy Day of GIS! It is the third Wednesday in November which is the day on which we celebrate Geographic Information Systems within the context of Geography Awareness Week. Geography influences everything from biology to politics, from weather to tax calculations. And Geographic Information Systems (GIS), gives us a way to collect, display, and analyze … Read More

Holiday Transaction Volumes & Your Tax Determination System

Holiday Transaction Volumes & Your Tax Determination System

We’ve discussed the importance of knowing your products, your customers and your tax reach.  We have also examined the challenges with taxing shipping and freight.  Now it is time to make sure that your tax determination systems can support all of the holiday transaction volumes. Ensuring you have the right infrastructure in … Read More

You’re Ready for Free Shipping Day…What About Those Other 364 Days?

You’re Ready for Free Shipping Day…What About Those Other 364 Days?

In our previous blogs we shared insights about determining your tax research, the taxability of your products, and the taxability of your customers. Next up is determining the taxability of shipping and freight charges. When shipping is free you don’t need to worry about whether to charge your customer sales tax on it or … Read More

Preparing for Black November: Determine Your Tax Reach

Preparing for Black November: Determine Your Tax Reach

In this blog post we will discuss the importance of determining your tax reach.  Your activities within each tax jurisdiction drive the requirements for whether you must register to collect indirect tax and correspondingly remit the tax.  The minimum activity that creates nexus and the need to register with a tax jurisdiction continues to evolve … Read More

New Jersey Sports Fans’ Fantasy Leagues Are Sales Tax-Free

New Jersey Sports Fans’ Fantasy Leagues Are Sales Tax-Free

The following was written by Ruth Jeremiah and posted on her behalf. New Jersey Division of Taxation has determined that fantasy sports entry fees are not subject to tax. This ruling stems from an Austin, TX taxpayer that runs a fantasy sports website and charges taxes for entry fees for various professional sports leagues, … Read More