Insights

Tax Publications

Coronavirus Update - March 16

March 16, 2020.
Logistics Publications, Tax Publications, Trade Publications

Many countries have implemented social distancing measures aimed at reducing the spread of COVID-19. The virus has caused a global disruption to the world’s economy, global supply-chains and a strain on health care systems in highly infected regions. To alleviate the strain on hospitals, mobile COVID-19 testing centers...

Coronavirus Update - March 13

March 13, 2020.
Logistics Publications, Tax Publications, Trade Publications

Countries around the world are taking unprecedented steps to reduce the number of infected citizens. From entire countries on lockdown to cancelling school and large crowd events; the COVID-19 strain of the coronavirus has become a global pandemic. President Trump addressed the nation this week banning all travel to...

Coronavirus Update - March 4th

March 04, 2020.
Logistics Publications, Tax Publications, Trade Publications

As confirmed cases of the coronavirus continues to tic-up in countries around the world, Allyn International will continue to provide updates and logistics solutions as necessary to ensure our clients are informed and prepared to navigate the everchanging global logistics challenges we are currently facing. In a preliminary study conducted...

Marketplace Facilitators: Economic Nexus Extends Reach into eCommerce

February 04, 2020.
Tax Publications

As ecommerce has exploded over the last two decades to become a pillar of our global economy, state and local taxing authorities have fought to expand the tentacles of sales tax as an effective and lucrative means of growing tax revenue with an expansive reach from coast to coast. With...

FREE MONEY! UNCLAIMED PROPERTY

December 09, 2019.
Tax Publications

Unclaimed Property (also known as abandoned or escheat property) is exactly that – money or tangible assets that belong to you, but are viewed as “abandoned” because there has been no activity or contact with you by the holder for one year or longer. There are...

Wayfair Impact on Exemption Certificate Management

September 10, 2019.
Tax Publications

If preparing, issuing, collecting, verifying, and storing exemption or resale certificates for exempt sales made in the US was not a daunting task previously, it most certainly is now. Just over a year after the Wayfair decision that rocked the sales tax world, businesses are now faced with a myriad...

Manufacturing Exemptions & Incentives

August 12, 2019.
Tax Publications

Across the United States, sales tax regulations and exemptions are determined by each individual state. Exemptions can range from a single item being considered non-taxable to an entire transaction exemption because of how the purchase is used by a business. States look to manufacturers as a means of boosting their...

Take Back What's Yours

June 20, 2019.
Tax Publications

Performing a reverse tax audit can be a rewarding way for companies to identify and recover overpaid sales and use taxes. The word “audit” may be received with negative feelings within some companies and perhaps reflected upon with frustration and avoidance. Nobody likes the idea of having to...

Snack Time or Tax Time?

June 19, 2019.
Tax Publications

Most states do not impose sales tax on the purchase of grocery items. However, items that are considered sold for on-premises or for immediate consumption are generally taxable items. The following chart depicts a list of states that charge tax on grocery purchases: Alabama, Arkansas, Hawaii, Idaho, Illinois, Kansas, Maryland,...

Tax the Taxpayers

June 12, 2019.
Tax Publications

Creating and submitting tax returns could be provided as an externally sourced service to your company by local firms, accountants and CPA’s, or other US tax service providers or professionals. Early this year, Utah’s Legislature proposed a levy on sales tax on multiple services, including accounting...

Tax Collector's Error and Taxpayer's Responsibility

June 11, 2019.
Tax Publications

The Texas Court of Appeals recently dismissed the case of a taxpayer in Harris County Texas who sued several tax authorities. The taxpayer was seeking a refund for $17,861 of penalties and interest paid on overdue property taxes. The court stated that the individual failed to “plead facts within the...

"Systems are Currently Down"

June 10, 2019.
Logistics Publications, Tax Publications, Trade Publications

“Systems are currently down” is a common phrase. You might have seen or heard it before, maybe when ordering online or trying to get an ice cream at the drive-through. For many years, companies only had physical threats to worry about. However, new threats are always emerging. If...