As States Rush to Adopt Economic Nexus Post-Wayfair, Is Congressional Action Needed?
It’s hard to escape any discussion of Wayfair these days. This isn’t surprising, as we witnessed history on June 21, 2018, when the U.S. Supreme Court overturned the physical presence standard in South Dakota v. Wayfair. And in doing so, overturned 51 years of precedent that had restricted states from imposing their sales tax […]
Federal Internet Sales Tax and a New Webpage on Marketplace Fairness Act Blog Articles and More
I’ve been following and reporting on Federal “Internet Sales Tax” developments for quite some time now – actually, almost three years! The first post I wrote on Federal Internet Sales Tax developments was back in July of 2010, shortly after a federal proposal was introduced by the 111th Congress. (That was two Congresses ago, folks!) […]
Internet Retailers Find Expanding Sales Tax Laws and Pending Federal Legislation Confusing and Concerning
State Amazon Laws, Federal Legislation: Last month I presented two Webinars, both which dealt with one of my favorite (okay, my favorite) state tax topics – “Internet Sales Taxes”. The first Webinar, “State ‘Amazon Laws’ and Federal Remote Seller Proposals“, was a CPE Webinar geared towards CPAs. The second, “How to Navigate the Online Sales […]
State ‘Amazon’ Legislation Explodes!
State Legislative Updates: Last week, I authored a post for the SalesTaxSupport.com blog. If you’re a frequent visitor to the State and Local Tax “Buzz”, you may already know that I’m the e-Commerce/Internet Sales Tax contributor for this excellent, on-line sales tax resource website. (See right side text box for more about my contributions to the SalesTaxSupport.com […]
A Tale of Two “Main Street Fairness” Blog Posts
Congress has once again introduced federal legislation, which if passed, could require out-of-state retailers to charge and collect sales tax on sales to customers in certain states . That right, on July 29, 2011, Congressional Democrats in both the U.S. Senate and House of Representatives introduced “internet sales tax” legislation. In the Senate, S. 1452 was introduced by […]
Federal Bonus Depreciation – A Potential Drain on State Revenues, States Expected to “Decouple”
On September 27, 2010, President Obama signed the Small Business Jobs and Credit Act of 2010 (“Jobs and Credit Act”) into law. (See my AllBusiness.com October 4, 2010 post, “Small Business Jobs and Credit Act of 2010 Includes Beneficial Tax Provisions to Fuel Business Growth”, in which I explained several of the tax provisions that […]
Small Business Jobs and Credit Act of 2010 Includes Beneficial Tax Provisions to Fuel Business Growth | Business Tax Advisor
I invite you to read my October 4, 2010 AllBusiness.com post, Small Business Jobs and Credit Act of 2010 Includes Beneficial Tax Provisions to Fuel Business Growth Business Tax Advisor.In this post, I summarize several of the federal tax provisions that were enacted as part of H.R. 5297, The Small Business Jobs and Credit Act […]
The Main Street Fairness Act: Explaining Internet Sales Taxes
Legislative Update: On July 1, 2010, House Bill (H 5660), was introduced in Congress by Massachusetts representative, William Delahunt. The Bill, named the “Main Street Fairness Act“ states that its purpose is to “promote simplification and fairness in the administration and collection of sales and use taxes, and for other purposes.”My guess is by now, […]