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February 25, 2021.
Logistics Publications, Tax Publications, Trade Publications

Curious about how container ports work? The way in which ports operate will differ grandly in function of their size, available equipment, and operating strategy – nevertheless, there are some commonly used operating methods some of which we attempt to bring to life in our simplified animation of a...

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New Guidance for Marketplace Facilitators Making Sales to Illinois

January 18, 2021.
Tax Publications

The Illinois Department of Revenue issued a new bulletin effective January 1, 2021 providing additional guidance for marketplace facilitators. The bulletin supplements Informational Bulletin FY 2021-02. It advises that as part of the tax remittance threshold determination, marketplace facilitators must exclude the following types of sales, 1) sales for resale (see 86 Ill. Adm....

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Nevada Tax Amnesty Program Begins this February

January 14, 2021.
Tax Publications

Who Qualifies and How Can you Benefit? Legislation has been enacted which requires the Nevada Department of Taxation to implement a tax amnesty program. Businesses and individuals doing business in Nevada, which currently have a tax liability, may want to take advantage of this one-time tax amnesty program. Taxpayers can...

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Red Flags that Lead to IRS Audits

January 11, 2021.
Tax Publications

To paraphrase Franklin Roosevelt, the only thing we have to fear is an audit. The most important thing to know about audits is that there is no guaranteed way to prevent one. Therefore, it should be no surprise that the most trusted way to prevent an audit is to ensure...

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Alabama Tax Relief- Hurricane Zeta

January 07, 2021.
Tax Publications

Who is impacted and what are the Benefits? The Alabama Department of Revenue announced January 5, 2021 that tax relief is available for businesses and individuals residing in 7 different Alabama counties if they were impacted by Hurricane Zeta. These are areas identified by the Federal government as disaster areas and include the...

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Costly Sales Tax Mistakes Businesses are Making During COVID-19

November 02, 2020.
Tax Publications

The COVID-19 pandemic has been and will be remembered as one of the most impactful global events of our era. An unprecedented challenge was thrust upon the medical, government, and business community that will clearly change many of the behaviors of our society in the long run. When state enforced...

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Costly Sales Tax Mistakes Businesses are Making During COVID-19: Part 3

October 26, 2020.
Tax Publications

The COVID-19 pandemic has been and will be remembered as one of the most impactful global events of our era. An unprecedented challenge was thrust upon the medical, government, and business community that will clearly change many of the behaviors of our society in the long run. As businesses worked...

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Costly Sales Tax Mistakes Businesses are Making During COVID-19: Part 2

October 19, 2020.
Tax Publications

The COVID-19 pandemic has been and will be remembered as one of the most impactful global events of our era. An unprecedented challenge was thrust upon the medical, government, and business community that will clearly change many of the behaviors of our society in the long run. As businesses worked...

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Costly Sales Tax Mistakes Businesses are Making During COVID-19: Part 1

October 09, 2020.
Tax Publications

The COVID-19 pandemic has been and will be remembered as one of the most impactful global events of our era. An unprecedented challenge was thrust upon the medical, government, and business community that will clearly change many of the behaviors of our society in the long run. When state enforced...

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Is Waste Sorted Today?

August 24, 2020.
Logistics Publications, Tax Publications, Trade Publications

Did you know that since July 1, 2019, garbage classification went live in Shanghai? Shanghai city is the 1st city in China to start garbage classification. Based on Shanghai’s classification standards, all waste is classified to these categories: hazardous waste, recyclable waste, household food waste, and residual waste. All...

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Upcoming Sales Tax Holidays 2020

July 28, 2020.
Tax Publications

Sales tax holidays or tax-free weekends is a time that many consumers look forward to each year. Typically, these holidays will correspond with the start of the new school year. During this time, some states will remove the sales tax requirement from the purchase of items usually used in the...

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Post-Wayfair Need for Exemption Certificates

July 08, 2020.
Tax Publications

  On June 21, 2018, the US Supreme Court provided a landmark decision that changed the dynamic of sales tax and has since created a domino effect on taxpayers and businesses throughout the US. Not only has the definition of nexus expanded from the prior physical nexus to now include economic nexus,...

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