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Return to PublicationsCoronavirus Update - August 17, 2021
August 17, 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...
Read MoreGetting Ready for a Green Future
August 17, 2021.
Logistics Publications
Innovation can take many forms and even small changes make a difference when applied at scale. Packing materials are a major source of waste contributing to our constantly growing landfills. Pallets and wood packaging account for 3.9% of municipal solid waste totaling 11.5 million tons in 2018. Only 26.9% of discarded wood is recycled...
Read MoreMarket Madness & the COVID Recovery
August 17, 2021.
Logistics Publications
Market Madness & the COVID Recovery Whether you work in the Supply Chain industry or not, you’ve probably felt it. “The market is just crazy right now” seems to be a buzz phrase. The housing market is booming, with home sale prices at near-record highs. The...
Read MoreThe Emergence of Electric Trucks
August 16, 2021.
Logistics Publications
Electric trucks, both full-size and mid-size, are becoming more and more prevalent on the road today. Green Tech Media states that there are about 2,000 mid-size and full-size electric trucks on the road right now. However, an analysis run by their research team estimates there could be up to 54,000 trucks on...
Read MoreIn Case You Missed It: Last Week in Allyn Tax News (August 9-13)
August 16, 2021.
Tax Publications
New York Refund Denial Upheld An administrative law judge (ALJ) has issued a decision to uphold the Division of Taxation’s denial of a taxpayer’s refund claims associated with motor fuel tax, petroleum business tax, and prepaid sales tax on 13,838,236 gallons of motor fuel. The ALJ concluded...
Read MoreTruck Shortages and Distribution Backlogs
August 12, 2021.
Logistics Publications
With the effects of COVID-19 still looming the logistics industry, there has been an increase in demand for truck drivers leading to increased transit times due to distribution backlogs. The consumer demand for their shipments has led to the discovery of bottlenecks existing within ports and distribution centers. This was...
Read MoreDoes the IRS expect me to issue my Vendor a 1099?
August 11, 2021.
Tax Publications
An Obligation for Every Business Businesses are required to file and send vendors copies of select information returns to the IRS on payments made for certain purchases to certain entities in the course of their trade or business. Often, businesses are under the impression that they only need...
Read MoreIn Case You Missed It: Last Week in Allyn Tax News
August 11, 2021.
Tax Publications
Maryland Ruling: Interstate Commerce Exemption for Aircrafts Maryland’s Court of Special Appeals recently ruled that a taxpayer’s purchase of an aircraft was not exempt from sales and use tax as interstate commerce. The aircraft was purchased by the taxpayer in Ohio and then stored in the...
Read MoreOne Reason Your Business is not Operating as Effectively as It Should
August 10, 2021.
Tax Publications
What are Workplace Procedures? An organizations’ procedures are the standardized methods of which to tackle regularly recurring tasks which require accuracy and attention to detail. Across all industries, employers and employees alike do not have systems in place to track and maintain the proper office procedural organization to the...
Read MoreUnclaimed and Reverse Unclaimed Property: Why Every Business Should Know Who They Owe and Who Owes Them
August 05, 2021.
Tax Publications
Unclaimed Property Unclaimed Property (also known as abandoned or escheat property) is exactly that – money or tangible assets that belong to an individual or business but are viewed as “abandoned” because there’s been no activity or contact by the holder for one year...
Read MoreMerchandise Processing Fee Update
August 05, 2021.
Per the CSMS #48938836 Message, the US Customs and Border Protection (CBP) will be adjusting certain user fees on October 1, 2021. The minimum merchandise processing fee (MPF) will be increased to $27.75 from $27.23 and the maximum will be raised to $538.40 from $528.33. MPF is assessed by CPB for most imports into the US on...
Read MoreCoronavirus Update - August 3, 2021
August 03, 2021.
Logistics Publications, 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. The COVID-19 Delta variant has shown to be more...
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