Taxable Values: Don’t Be Afraid to Appeal
June 15, 2021.
Tax Publications
Taxable Values Overview Every year companies must file business personal property returns to the various local taxing authorities where they hold assets. These returns determine the taxable values that those authorities use to calculate your annual business property tax. Most jurisdictions, upon receipt of the return, calculate an assessment or...
Read MoreMassachusetts Takes a New Approach to Sales Tax Deadlines
June 02, 2021.
Tax Publications
Beginning on May 1st, the due date for sales and use tax returns for the state of Massachusetts changed from the 20th to the 30th day of the month. For example, a return for the period beginning on April 1, 2021, will now be due on May 30th, instead of May 2...
Read MoreLouisiana Aims to End the Madness Surrounding their Sales Tax System with House Bill 199
May 31, 2021.
Tax Publications
Louisiana is one of the few states with what is known in the sales tax industry as home rule jurisdictions. In addition to a state sales tax that is levied and administered by the state, cities, counties and other local jurisdictions can levy and administer their own sales tax...
Read MoreKansas Passes Economic and Marketplace Nexus Provisions Despite Veto Efforts
May 27, 2021.
Tax Publications
Governor Laura Kelly of Kansas vetoed a tax bill that contained regulations for remote sellers and marketplace facilitators, including setting a threshold for out-of-state sellers in order to establish economic nexus. The Kansas House and Senate overrode this veto in early May and passed the bill, becoming effective on July 1, 2021. ...
Read MoreMissouri Poised to End Their Sales Tax’s Status as a Relic of a Bygone Era
May 26, 2021.
Tax Publications
Despite the hardships businesses have endured due to COVID-19, online retailers have performed evidently stronger than brick and mortar stores in recent years due to easier client accessibility and lower overhead costs. Missouri officials have taken note of this discrepancy and settled on a bipartisan vote to join the rest...
Read MoreMaryland Updates Tax Rules on Digital Products
May 24, 2021.
Tax Publications
Effective March 14, 2021, Maryland’s Comptroller expanded the sales and use tax to digital products and digital code. Previously these items were not taxable because they were not in a tangible medium. Now regardless of whether they are downloaded or streamed, many products will be required to have tax applied...
Read MoreThe Four Aims of an Excellent Tax Consultant
May 20, 2021.
Tax Publications
An excellent business tax consultant is a business consultant first and a tax consultant second. This remains true whether they are an external consultant serving clients or an internal consultant serving a singular business in the day-to-day demands of a tax function. This does not mean that anyone with minimal...
Read More7 Excel Productivity Hacks You Need to Know
May 17, 2021.
Logistics Publications, Tax Publications, Trade Publications
Microsoft Excel is a key software that is especially relied upon by tax professionals who, despite seeing excellent innovations in tax technology in recent years, still rely upon Excel heavily to conduct their duties. This article from Allyn Tax’s business analyst team identifies some helpful tips and tricks...
Read MoreFile Your Indiana Property Tax Returns Online this Year
May 13, 2021.
Tax Publications
The State of Indiana announced January 7, 2021 that they would be launching a new online portal (“PPOP-IN”) for completing and submitting business personal property tax filings for 2021. As of February 4, 2021, the Portal is live and accepting online filings. Who is impacted? Taxpayers: Any business or farmer that owns or...
Read MoreState Sales and Use Tax Due Dates
May 11, 2021.
Tax Publications
Sales and use taxes are predominantly, but not exclusively, state administered taxes and each state has their own set of rules and regulations regarding tax collection and remittance. Businesses with a sufficient connection to these states are legally obligated to collect tax on taxable sales and remit the funds...
Read MoreCalifornia Sales and Use Tax Audit Tips
May 06, 2021.
Tax Publications
The state of California has the highest state sales tax rate at 7.25%, and the eighth-highest average combined state and local tax rate at 8.68%, according to the Tax Foundation. This means sales tax mistakes in The Golden State are typically going to be much more costly than those made in others....
Read MoreDoes Working at Home Work For You?
May 05, 2021.
Logistics Publications, Tax Publications, Trade Publications
It has been just over one year of working remotely due to the Covid-19 pandemic and while some find themselves wondering how they ever functioned outside the comfort of their homes, others are itching to be back in the office. While you may feel a certain way about your work...
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