Insights

Driver Shortage

September 10, 2021.
Logistics Publications, Trade Publications

The transportation industry is highly aware of the truck driver shortage for some time now. The issue is still very relevant and has gotten worse within the past few years. A recent article stated that “in 2018 the trucking industry was short about 60,800 truckers, a shortfall that is expected to...

$1.1 Trillion Infrastructure Bill is Government’s Latest Move on Cryptocurrency Taxation

September 09, 2021.

The proposed infrastructure bill valued at just over $1 Trillion over a 5-year period has recently made its way through the senate1. The Bipartisan Infrastructure Deal is monumental and would make some of the largest federal investments in public transit, clean drinking water, bridges, and electrical vehicle infrastructure in the...

In Case You Missed It: Last Week in Allyn Tax News (August 30 - September 3)

September 07, 2021.
Tax Publications

Lawn Care in Arkansas: Taxable or Exempt? Lawn mowing services provided to a company that leases houses as vacation rentals are not subject to sales tax because these properties are considered to be residential property. The character of the property determines whether the lawn services are subject to sales tax. ...

Make or Break: Exemption Certificate Management

September 03, 2021.

Generally speaking, sellers are required to charge sales tax on all transactions of taxable products or services, however, there are some exceptions. Some of the more common exceptions are when sales are made directly to the Federal Government, if the buyer intends to resell the item in question, or if...

5 Things to Consider When Accruing Use Tax for Manufacturing Locations in Pennsylvania

August 31, 2021.
Tax Publications

The state of Pennsylvania exempts sales tax on the purchase of materials, equipment or services that are used directly in the manufacturing process according to state law. This manufacturing exemption sounds simple on the surface; however, it can be tricky and time consuming to determine the taxability of certain...

Saving Duties On Goods Returned

August 31, 2021.
Logistics Publications, Trade Publications

Background Items are being shipped all over the world every second of every day. That large amount of trade can get costly with tariffs, duty rates, and other shipping costs. With all that spending, there must be some ways to save money on those shipments. Well, if your items are...

In Case You Missed It: Last Week in Allyn Tax News (August 23-27)

August 31, 2021.
Tax Publications

Items given as gifts by a Charitable Organization in Colorado: Taxable or Exempt? The Colorado Department of Revenue (CDOR) has issued a general information letter discussing sales and use tax on items given as gifts by a charitable organization. CDOR provides the general rule that charitable organizations engaging in the...

Coronavirus Update - August 24, 2021

August 24, 2021.
Coronavirus Updates

Allyn International is committed to providing you with the latest updates during this very fluid and ever-changing period. Our goal with the information provided below is to give you at a high-level, a current overview of the most heavily impacted regions. Maintaining operational success is pivotal and planning ahead remains...

California Expands Penalty Relief for Late Property Payments

August 24, 2021.
Tax Publications

The onset of the Covid-19 pandemic in early 2020 created widespread uncertainty worldwide, most notably among businesses in the United States. This uncertainty led to confusion and frustration surrounding tax deadlines, which forced states to extend deadlines and excuse penalties accrued. California currently imposes a 10% penalty on delinquent payments for property...

At a Glance: Q3 2021 Logistics Bulletin Summary & Outlook

August 24, 2021.
Logistics Publications, Trade Publications

Air Freight International Global air volume, measured in CTKs, declined slightly from the record values seen in Q1. However, volume has remained consistent through Q2, especially when seasonally adjusted for the slower mid-year months(1) Capacity in July was up 29% in July over 2020 levels, although load factor declined by 3%. Airlines are...

In Case You Missed It: Last Week in Allyn Tax News (August 16-20)

August 23, 2021.
Tax Publications

Michigan Provides Guidance for Small Business Tax Audits A tax audit is an in-depth examination of a business’s tax returns for a particular tax type, such as sales tax, typically covering a period of years. An audit is performed in order to verify that the taxpayer in question...

Why a 3PL is Beneficial?

August 23, 2021.
Logistics Publications

First and foremost, what is a 3PL? A 3PL is a Third-Party Logistics company that offer one stop solutions for their clients. Working alongside a 3PL is a partnership vs a transactional relationship. 3PLS help in identifying gaps in the supply chain. Their expertise, best practices and technologies can also...