Insights

In Case You Missed It: Last Week in Allyn Tax (July 25-29)

August 01, 2022.
Tax Publications

Farming for Taxes—Arkansas Clarifies Farming Machinery Exemption. A taxpayer failed to prove entitlement to the farm machinery and equipment exemption for an ATV purchased outside Arkansas. The machinery is not used exclusively and directly in the commercial production of food and fiber, and the taxpayer is not a...

What is the USDA’s new ACIR database?

July 28, 2022.

The U.S. Department of Agriculture (USDA) has implemented a new requirements database for the import of agricultural products. The Animal and Plant Health Inspection Service (APHIS) announced on July 14, 2022 the launch of their new database called “Agricultural Commodity Import Requirements” (ACIR). The benefits promised by APHIS...

Trade Enforcement Group Identifies Possible ADD/CVD Circumvention of Aluminum

July 25, 2022.
Logistics Publications, Trade Publications

The Aluminum Association Trade Enforcement Group* has introduced a recent filing to the Commerce Department over possible countervailing of 4017 aluminum alloy imports from China. The increase in 4017 aluminum imports has the association and trade experts questioning whether or not China is dodging antidumping and countervailing (ADD/CVD) orders previously imposed...

In Case You Missed It: Last Week in Allyn Tax News (July 18-22)

July 25, 2022.
Tax Publications

The More You Know; The More You Save – TX Online Learning Courses Exempt Online learning courses on academic subjects, professional topics, and vocational licensure preparation are not taxable, as determined by the Texas Comptroller of Public Accounts. On the other hand, sales of teacher plans which allow teachers to ...

CBSA’s New Priorities Should Be Your Priorities

July 19, 2022.
Trade Publications

Canada Border Services Agency (CBSA) has released their new Trade Compliance Verifications. As of July 2022, CBSA will be cracking down on items ranging from the classification of LED lamps to the valuation of shoes. CBSA is responsible for ensuring all goods imported into Canada are done so correctly. To...

In Case You Missed It: Last Week in Allyn Tax News (July 11-15)

July 18, 2022.
Tax Publications

Do you manage your exemption certificates, or do they manage you? Exemption certificates are issued by businesses to ensure sales tax is not applied to their invoice since they are an exempt organization, intend to use the purchase for an exempt purpose such as resale or manufacturing, or for other...

Ocean Shipping Reform Act Complaints

July 15, 2022.
Trade Publications

On June 16, 2022, the Ocean Shipping Reform Act (OSRA) of 2022 was enacted. This law will empower the Federal Maritime Commission (FMC) to take a more proactive role in investigating carrier behavior and ensuring fairness. The law gives shippers the right to register complaints against common carriers. These complaints will allow for...

In Case You Missed It: Last Week in Allyn Tax News (July 4-8)

July 11, 2022.
Tax Publications

3 Steps to Managing your Exemption Certificates An exemption or resale certificate is a form or document issued by a business to ensure sales tax is not applied to their invoice because they are an exempt organization, intend to use the purchase for an exempt purpose such as resale or manufacturing,...

In Case You Missed It: Last Week in Allyn Tax News (June 27 - July 1)

July 07, 2022.
Tax Publications

Let the Music Rock and the Sales Tax Roll – Lease of Georgia COAMs Determined Taxable The lower court finding that amounts paid to lease coin-operated amusement machines (COAMs) are subject to sales tax has been upheld by the Georgia Court of Appeals. An exemption does exist for the money...

Inflation: The Topic on Everyone’s Mind

July 06, 2022.
Logistics Publications, Tax Publications, Trade Publications

Today it seems like you can’t go a day without hearing about inflation and its effects on the economy. No matter where you find yourself on the supply chain, chances are you are concerned about the impact of rising costs and the availability of materials. Now is the...

3 Steps to Managing your Exemption Certificates

June 28, 2022.
Tax Publications

Exemption Certificates Introduction To know if an exemption or resale certificate your business receives or issues is valid, it is important to understand what this document entails. An exemption or resale certificate is a form or document issued by a business to ensure sales tax is not applied to their...

In Case You Missed It: Last Week in Allyn Tax News (June 20-24)

June 27, 2022.
Tax Publications

Set Your Reminders! – Nebraska Property Valuation Protest Deadline Approaching The Nebraska Department of Revenue has issued a reminder to property owners that valuation protests must be filed on or before June 30, 2022. If there was an alteration in the assessed valuation of a real property parcel from the 2021 to the 2022...