Insights

Streamlining Logistics Operations for Optimal Efficiency

June 28, 2023.
Logistics Publications

Logistics plays a pivotal role in today's globalized world, ensuring the smooth flow of goods, information, and resources across supply chains such as we do here at Allyn International Services. From procurement and transportation to warehousing and distribution, efficient logistics management is essential for businesses to remain competitive. In...

Last Week in Tax News (June 19-23)

June 23, 2023.
Tax Publications

Tax Holiday L. 2023, S56 (Act 288), effective 07/01/2023, reinstates the Second Amendment sales tax holiday. Under the current law, the Annual Louisiana Second Amendment Weekend Holiday exempts the sale of eligible firearms, ammunition, and hunting supplies from state sales and use tax on the first weekend of September. However, the current holiday...

Last Week in Tax News (June 12-16)

June 16, 2023.
Tax Publications

Ensuring Eligibility Oklahoma amends the sales and use tax exemption for sales of tangible personal property or services to unremarried surviving spouses of certain disabled veterans, effective 7/1/2023. Specifically, it clarifies that an unremarried surviving spouse may still claim the exemption if the disability determination that would have been made...

21 CCF: What Can We Expect?

June 15, 2023.
Logistics Publications, Trade Publications

In the ever-changing landscape of international trade and relations, the Customs & Border Patrol Agency believes it has fallen behind in modern times. The CBP created the idea of 21 CCF — the 21st Century Customs Framework — in 2018 when they had their first public meeting on the new framework. A...

General Average… everyone chips in… whether you like it or not!

June 14, 2023.
Logistics Publications, Trade Publications

If you ever saw The Perfect Storm, or All is Lost, or The Finest Hours, not only you may have seen a good production, but you also saw what in real life could be part of a General Average Declaration. The law of general average is a principle of maritime...

Last Week in Allyn Tax News (June 5-9)

June 09, 2023.
Tax Publications

Extinguish the Tax On June 1, 2023, the Michigan Court of Appeals approved for publication its earlier decision holding that the annual fire inspection charge assessed on owners of commercial real property and multiunit residential real property located in Detroit is a fee, and not a tax, and so did not violate...

Last Week in Allyn Tax News (May 29-June 2)

June 02, 2023.
Tax Publications

Unclaimed Property Services For many companies, a one-size-fits-all unclaimed property approach doesn’t work. That’s why our team of tax professionals use their deep expertise and innovative technology to customize, automate, and optimize your business processes to help ease the strain of your unclaimed property demands. Our...

Last Week in Tax News (May 22-26)

May 26, 2023.
Tax Publications

Change for Veterans The California State Board of Equalization (SBE) has recently revealed the 2024 property value exemption amounts and the household income limit for the disabled veterans' property tax exemption. For the 2024 assessment year, the exemption amounts are $169,769 for the basic exemption and $254,656 for the low-income exemption. The household income...

Importance of Proper Planning and Communication

May 26, 2023.
Logistics Publications, Tax Publications, Trade Publications

Even with things slowly returning to normal, the effects of COVID on the logistics community can still be seen. There are fewer drivers, moving more material than in previous years. To help make up for these on-going issues requires better planning and clearer communication. Clearer communication allows for...

Last Week in Tax News (May 15-19, 2023)

May 19, 2023.

Fuel Up Fast The New York Department of Taxation and Finance has updated Publication 718-F (Local Sales and Use Tax Rates on Qualified Motor Fuel, Highway Diesel Motor Fuel, and B20 biodiesel), effective June 1, 2023. The following jurisdictions have altered their sales tax rate from the percentage rate to a cents-per-gallon...

EU Bans Ukrainian Grain Exports to Romania

May 12, 2023.
Logistics Publications, Trade Publications

As Russia’s “special military operation,” continues in Ukraine, tensions rise in EU countries receiving a majority of Ukraine’s grain exports. The five countries impacted by the grain, Bulgaria, Hungary, Poland, Romania, and Slovakia have all protested the European Commission to restrict the overflow of...

This Week in Tax New (May 8-12, 2023)

May 12, 2023.
Tax Publications

Let’s Get Growing Maine Revenue Services has replaced the Tree Growth Tax Law Valuations for 2023. Effective May 2, 2023, the new rule supplies the valuation rates for each forest type by county for 2023. When property is enrolled in the Maine Tree Growth Tax program it may help reduce property taxes...