by usoftax_admin | May 14, 2024 | Tax News
A Streamlined Sales Tax Board council on Tuesday approved a recommendation for states to provide remote sellers with at least 30 days to begin collecting sales tax after crossing economic nexus thresholds, and to use gross sales to calculate those thresholds. by usoftax_admin | May 14, 2024 | Tax News
The Texas Supreme Court has refused to vacate a lower appeals court’s order that allowed Hulu, Disney and Netflix to escape a lawsuit from 31 municipalities claiming the streaming platforms are required to pay 5% state franchise fees, holding that the... by usoftax_admin | May 14, 2024 | Tax News
Northwestern University agreed to settle a law school professor’s age bias suit filed in Illinois federal court claiming he was given smaller raises year-over-year in comparison with his younger colleagues after he cast aside the institution’s push for him... by usoftax_admin | May 14, 2024 | Tax News
States could apply the highest, lowest or a blended state and local tax rate inside a five-digit ZIP code area to sales of digital goods when buyers aren’t required to provide their full address under a proposal advanced Tuesday by a Streamlined Sales Tax... by usoftax_admin | May 14, 2024 | Tax News
About a fifth of the largest 1,000 public companies worldwide have voluntarily used a public country-by-country reporting standard created by an international independent standards organization, the nonprofit said Tuesday. by usoftax_admin | May 14, 2024 | Tax News
The IRS was required to reduce the charge for preparer tax identification numbers after a federal court found the previous amount excessive. The final regulations adopt the text of interim final and proposed regulations issued in 2023 without change.