Tax & Accounting Blog

Small Business Owners Appreciate the Second Amendment Sales Tax Holiday

Small Business Owners Appreciate the Second Amendment Sales Tax Holiday

Business was booming at several hunting supply and gun stores throughout Louisiana this weekend. This boom can be largely explained by a sales tax exemption on hunting goods, like shotguns, rifles, ammunition and hunting accessories just before hunting season. Local business owners and managers, like Tara Harris, store director of Academy Sports & Outdoors have given … Read More

YOUR QUESTIONS ANSWERED #3: SIC CODES AND THE INHERENT RISKS OF CONDUCTING IP ANALYSIS

YOUR QUESTIONS ANSWERED #3: SIC CODES AND THE INHERENT RISKS OF CONDUCTING IP ANALYSIS

For the third week, we’re addressing FAQs from our recent webcast “SIC Codes: Inherent Risks When Conducting IP Analyses.”  So far, we’ve responded to questions that came in from leaders such as licensing filing from the US SEC and why analysts still use SIC codes.  This week, we’d like to share another frequently asked questions on the complex topic of SIC Codes. … Read More

Amazon.com Will begin Collecting Sales Tax in Pennsylvania

Amazon.com Will begin Collecting Sales Tax in Pennsylvania

A spokesperson from Amazon.com Inc. stated Wednesday, that the company will start collecting Pennsylvania sales tax on orders that are shipped to the state.  This will begin 1 September 2012.  Previously, the online retail giant had refused to register to collect Pennsylvania’s 6 percent sales tax, claiming that did not hold nexus in that state. … Read More