The State of Colorado has been busy this legislative session with respect to its tax structure. Of particular note, and the subject of this article, are two of...
Read MoreAccording to the US Census Bureau, in 2021 the states collected taxes totaling $1.338 trillion.1 Most of this revenue was derived from two sources: income taxes (individual and...
Read MoreOverview Typically, a manufacturer is a business that purchases raw materials, processes those materials causing a physical or chemical change to them, ultimately selling the finished goods to...
Read MoreNew Round of Delaware VDA Notices Sent On February 18, 2022, Delaware’s Secretary of State (“Delaware” or “State”) sent a new round of letters to companies inviting...
Read MoreThe Tennessee Department of Revenue has issued a letter ruling (Letter Ruling 21-10) explaining the tax treatment of services provided along with the sale of remotely accessed software....
Read MoreTennessee has revised their rules regarding the certificates required to document exemptions in a drop shipment scenario. In a typical drop shipment scenario, a customer makes a purchase...
Read MoreWhen the United States Supreme Court decided South Dakota v. Wayfair (“Wayfair”) in June 2018 the majority of the justices overturned precedent that restricted a state’s ability to...
Read MoreDirect pay permits are a great tool to have in any eligible company’s tool belt. Direct pay permits allow the holder to self-assess, accrue, and remit use tax...
Read MoreOverview. Texas law affords a sales tax exemption for equipment used in manufacturing. However, Comptroller has historically limited this exemption only to equipment used subsequent to the...
Read MoreIn the post-Wayfair world, and with the pandemic creating financial hardships, many individuals and organizations will find themselves out of sales tax compliance. Though it may seem like...
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