Are State “Amazon Laws” the “New Normal”?
The “New Normal”, a phrase coined in 2008 to describe the then-new period of diminished investment returns and slower economic growth that seemed permanent after the financial crisis and recession of the last decade. Many have borrowed this term to describe what wasn’t expected or normal in the past, but now is. As I closely […]
E-Commerce/Internet Sales Tax, An Important Topic for Today’s Business
Taxes on E-Commerce! Now this is an area that is really exploding! My guess is that by now you’ve heard all about the controversial “Amazon Laws”, laws which have been enacted or are currently being legislated in several states. But just in case you’ve missed all the excitement, these presumptive nexus laws (what they’re really called) have […]
Navigating Nexus, Published in the November 2010 Issue of the Journal of Accountancy
Nexus, nexus, nexus, aahhhh, NEXUS! The mere word can send a chill down the spine of a taxpayer who suspects its activities in a state may have created that sufficient “connection” or “tie” to subject him to a state’s income or other business tax, or to be subject to a state’s sales tax collection requirement. […]