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General Average… everyone chips in… whether you like it or not!

If you ever saw The Perfect Storm, or All is Lost, or The Finest Hours, not only you may have seen a good production, but you also saw what in real life could be part of a General Average Declaration. The law of general average is a principle of maritime…

Last Week in Allyn Tax News (June 5-9)

Extinguish the Tax On June 1, 2023, the Michigan Court of Appeals approved for publication its earlier decision holding that the annual fire inspection charge assessed on owners of commercial real property and multiunit residential real property located in Detroit is a fee, and not a tax, and so did…

Allyn International Announces Grand Opening in New York

Allyn International (Allyn) has been local to the Scotia area for the past 25 years. With a commitment to stay local in the area Allyn will have the Grand Opening of their new location (113 Saratoga Rd Suite 101, Scotia NY 12302) on June 7th from 4:30 - 7:30 PM.…

Last Week in Allyn Tax News (May 29-June 2)

Unclaimed Property Services For many companies, a one-size-fits-all unclaimed property approach doesn’t work. That’s why our team of tax professionals use their deep expertise and innovative technology to customize, automate, and optimize your business processes to help ease the strain of your unclaimed property demands. Our tax specialists are qualified,…

International VAT

Last Week in Tax News (May 22-26)

Change for Veterans The California State Board of Equalization (SBE) has recently revealed the 2024 property value exemption amounts and the household income limit for the disabled veterans' property tax exemption. For the 2024 assessment year, the exemption amounts are $169,769 for the basic exemption and $254,656 for the low-income…

Importance of Proper Planning and Communication

Even with things slowly returning to normal, the effects of COVID on the logistics community can still be seen. There are fewer drivers, moving more material than in previous years. To help make up for these on-going issues requires better planning and clearer communication. Clearer communication allows for all parties…

Last Week in Tax News (May 15-19, 2023)

Fuel Up Fast The New York Department of Taxation and Finance has updated Publication 718-F (Local Sales and Use Tax Rates on Qualified Motor Fuel, Highway Diesel Motor Fuel, and B20 biodiesel), effective June 1, 2023. The following jurisdictions have altered their sales tax rate from the percentage rate to…

Tax Technology and Automation

EU Bans Ukrainian Grain Exports to Romania

As Russia’s “special military operation,” continues in Ukraine, tensions rise in EU countries receiving a majority of Ukraine’s grain exports. The five countries impacted by the grain, Bulgaria, Hungary, Poland, Romania, and Slovakia have all protested the European Commission to restrict the overflow of grain being imported into their countries.…

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