On Wednesday, March 12, 2014, the House Judiciary Committee held hearings on Exploring Alternative Solutions on the Internet Sales Tax Issue.  The Hearings shed new light on the breadth and diversity of the sales tax issues arising from the MFA’s attempt to remedy state tax revenue shortfalls from the retail e-commerce industry.  The Hearing most…

Since the Marketplace Fairness Act may expand any business’ sales and use tax registration, collection and remittance requirements into many additional states, every business, not only e-commerce retailers, should keenly monitor the MFA Hearings scheduled for this week in the House. Recently the House Judiciary Committee rescheduled its hearings on Exploring Alternative Solutions on…

Businesses are starting to move more of their operations to the “Cloud” and hire “Cloud” vendors to provide an increasingly diverse number of services. While engaging these vendors may result in significant business benefits, buyer beware.  If you’re not careful, you could end up being required to register as a sales tax vendor and collect…

State tax exam information requests are increasingly becoming more comprehensive and demanding. We’ve noticed a disturbing trend with our clients who maintain  their records electronically.   States, in their information document requests, are requesting that those businesses supply all transaction data for the entire period covered by the exam; i.e. data regarding every transaction, every check…

The U.S. economy is still in the doldrums, but states had a banner year in 2012. How did they do it? Simple answer? They leveraged everything in their power to bring new tax revenue into their coffers. How? By relying on new enhancements to existing tax collection procedures. By leveraging advanced technological approaches to identifying…

Welcome to SALT Strategies.  It is with significant effort, some trepidation and great optimism that we launch this blog.   SALT Strategies will be prepared by the dedicated State and Local Tax Group at CPA and business advisory firm Margolin, Winer & Evens LLP. We are professionals with decades of  experience in providing state and local tax consulting…