Sales taxes | Jotup

Avalara for Hospitality Helps Lodging Businesses Manage Tax Compliance

Retrieved on:

Thursday, July 29, 2021

Software, Lodging, Destinations, Travel, Vacation, Accounting, Professional services, Technology, Tax, International taxation, Sales taxes

Avalara for Hospitality helps these businesses manage the full breadth of their tax compliance commitments, and deal with the many changes in rates, rules, and new tax types added by jurisdictions.

Key Points:

Avalara for Hospitality helps these businesses manage the full breadth of their tax compliance commitments, and deal with the many changes in rates, rules, and new tax types added by jurisdictions.
Tax experts at Avalara track lodging and related tax rates at the city, county, and state level, and Avalara for Hospitality automates these tax calculations.
Avalara for Hospitality provides businesses with a technology solution to solve for an ongoing, complex, time-consuming compliance burden that diverts resources away from business-building activities, said Oliver Hoare, general manager for Lodging at Avalara.
Avalara will continue to add new capabilities and functionality, including additional hospitality tax types, to upcoming releases of the Avalara for Hospitality solution.

Anrok Secures $4.3M in Seed Funding, Launches Modern Sales Tax Solution for SaaS Businesses

Retrieved on:

Monday, June 14, 2021

Technology, Finance, Security, Accounting, Professional services, Software, Internet, Data management, VoIP, Software, Business models, Software distribution, Sales taxes, As a service, Software as a service, Software industry, Tax, Computing, Sales Tax Management Services

Of the 45 states that levy sales tax, all have since introduced revenue or transaction thresholds that, once crossed, mandate companies to collect and remit sales tax.

Key Points:

Of the 45 states that levy sales tax, all have since introduced revenue or transaction thresholds that, once crossed, mandate companies to collect and remit sales tax.
With Anrok, internet SaaS businesses of all sizes can now access a sales tax platform made to fit their hybrid enterprise and self-serve revenue models.
Anrok provides SaaS companies with a modern tax solution built for the demands of their business models, said Bryan Schreier, partner at Sequoia.
Anrok is the modern sales tax solution for SaaS businesses and is available today.

EcoFlow is Ready to Deliver Portable Power Stations When Hurricane Season Comes

Retrieved on:

Wednesday, June 9, 2021

Articles, Tax exemption, Tax, Nonprofit organization, Economy, Sales taxes

The company exempted sales tax of all items for Floridians during the 10-day span, delivering portable power stations to hundreds of households.

Key Points:

The company exempted sales tax of all items for Floridians during the 10-day span, delivering portable power stations to hundreds of households.
EcoFlow however, took it a step further, exempt the tax from its flagship product the EcoFlow DELTA Portable Power Station, typically listed at $1,399, as well as all accessories.
During the sales window, EcoFlow saw a three-fold increase in purchases in Florida after offering the expanded tax exemption on portable power stations - indicating that these incentives do spur consumer preparedness.
In February 2021, EcoFlow donated portable power stations to communities and nonprofit organizations like the Houston Foodbank to support those hit by the Texas snowstorm and suffered from the power outages that followed.

Pappas: 196,925 people must pay Cook County property taxes today to avoid late fees

Retrieved on:

Monday, May 3, 2021

Tax exemption, Tax, State taxation in the United States, Sales taxes, Property taxes

"You may also verify your property tax exemptions, which lower the tax bill.

Key Points:

"You may also verify your property tax exemptions, which lower the tax bill.
Homeowners may be missing out on $46 million in exemptions.
"\nTo search for refunds or missing exemptions, visit cookcountytreasurer.com:\nOr the results under "Have You Received Your Exemptions in These Tax Years?"
Late payments are charged 1.5 percent per month, as required by Illinois law.\n'

Sovos ShipCompliant Adds Audit Protection and Cost Savings for Wine, Beer and Spirits DtC Shipments in 24 Streamlined Member States

Retrieved on:

Wednesday, April 21, 2021

Sales taxes, Taxation in the United States, Streamlined Sales Tax Project, Tax, Trade, Economy

b'BOSTON, April 21, 2021 /PRNewswire-PRWeb/ --Last year, the Streamlined Sales Tax (SST) agreement was amended to expand relief eligibility for thousands of direct-to-consumer shippers of alcoholic beverages to 24 Streamlined Member States.

Key Points:

b'BOSTON, April 21, 2021 /PRNewswire-PRWeb/ --Last year, the Streamlined Sales Tax (SST) agreement was amended to expand relief eligibility for thousands of direct-to-consumer shippers of alcoholic beverages to 24 Streamlined Member States.
But until recently, they could not receive the full range of benefits available to other businesses in Streamlined member states," said Larry Cormier, vice president, general manager, Sovos ShipCompliant.
"Now, using our fully-approved CSP platform to ship their goods into Streamlined states, sales tax compliance is one less headache alcohol producers have to worry about.
"\nStreamlined Sales Tax is an association of 24 states that have agreed to work together to simplify sales tax compliance.

Mastercard SpendingPulse: U.S. Retail Sales Grew 26.3% Year-Over-Year in March, One Year Since First Lockdown

Retrieved on:

Thursday, April 8, 2021

Technology, Department Stores, Supermarket, Specialty, Home Goods, Convenience store, Retail, Consumer electronics, Online Retail, Payment cards, Credit cards, Money, Finance, MasterCard, Merchant services, Payment systems, Sales taxes, Interchange fee

U.S. retail sales growth rates increased by double-digits in March as we hit the one-year mark since the first Covid lockdowns impacted retail sales.

Key Points:

U.S. retail sales growth rates increased by double-digits in March as we hit the one-year mark since the first Covid lockdowns impacted retail sales.
According to Mastercard SpendingPulse , U.S. retail sales excluding automotive and gasoline increased 26.3% year-over-year in March, and online sales grew 56.8% compared to 2020.
Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment.
Mastercard SpendingPulse defines U.S. retail sales as sales at retailers and food services merchants of all sizes.

Vertex Announces Partnership with BigCommerce to Deliver Streamlined Sales Tax Compliance Solution to Retailers

Retrieved on:

Thursday, March 11, 2021

State taxation in the United States, Tax, Use tax, Online shopping, Sales and use tax, Articles, Economy, Sales taxes

The partnership further expands the network of Vertex integrations connecting tax to ERP, procurement, billing and e-commerce systems, enabling retailers to seamlessly calculate tax for every transaction.

Key Points:

The partnership further expands the network of Vertex integrations connecting tax to ERP, procurement, billing and e-commerce systems, enabling retailers to seamlessly calculate tax for every transaction.
The integration with Vertex will empower thousands of B2B and B2C retailers across 150 countries and numerous industries who use BigCommerce with a robust sales and use tax solution, simplifying calculations, reporting and compliance.
With the Vertex tax solution , BigCommerce retailers gain access to powerful technology for calculations and reporting, as well as the most up-to-date tax data, enabling them to scale global operations with confidence.
The Vertex sales and use tax solution streamlines tax compliance as retailers add functions, locations and channels and provides continuously updated tax content across more than 19,000 global sales tax jurisdictions to ensure more accurate results.

Mastercard SpendingPulse: Strong Consumer Spending Drives U.S. Retail Sales Growth* of 9.2% in January

Retrieved on:

Thursday, February 4, 2021

This January, U.S. retail sales excluding automotive and gasoline increased 9.2% year-over-year, with online sales growing 62.1% compared to 2020.

Key Points:

This January, U.S. retail sales excluding automotive and gasoline increased 9.2% year-over-year, with online sales growing 62.1% compared to 2020.
A Positive Sign for Department Stores: The Department Store sector experienced its first year-over-year increase in sales (+1.5%) since 2019, boosted by strong online sales (+27.9%).
In California, for instance, online sales grew 77.4%, helping to lift retail sales overall to 7.9%.
Mastercard SpendingPulse defines U.S. retail sales as sales at retailers and food services merchants of all sizes.

British Tourists Can Now Save up to 19% on Post-Brexit Purchases Made in The EU

Retrieved on:

Monday, February 1, 2021

Tax Free Shopping enables international shoppers to save up to 19% by claiming back the VAT applied to their purchases when they shop abroad.

Key Points:

Tax Free Shopping enables international shoppers to save up to 19% by claiming back the VAT applied to their purchases when they shop abroad.
Now that the UK has left the EU, British tourists are eligible to shop Tax Free in the EU, provided they:
How does Tax Free Shopping work?
Leading worldwide Tax Free Shopping provider, Global Blue, has a number of free services to ensure shoppers have the smoothest, easiest and most rewarding Tax Free shopping experience.
Finally, the Shop Tax Free Card, makes the process easier by autofilling personal details into the Tax Free Form at participating merchants.

Avalara Unveils Cloud Sales Tax Returns Solution for Accounting Firms of All Sizes

Retrieved on:

Thursday, January 7, 2021

Other Professional Services, Software, Finance, Data management, Accounting, Professional services, Technology, Security, State taxation in the United States, Accounting, Financial accounting, Use tax, Accounting software, Tax, Sales taxes, Economy, Business

Avalara, Inc. (NYSE: AVLR), a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced the availability of Avalara Managed Returns for Accountants (MRA), a cloud sales tax returns solution designed exclusively for accounting firms.

Key Points:

Avalara, Inc. (NYSE: AVLR), a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced the availability of Avalara Managed Returns for Accountants (MRA), a cloud sales tax returns solution designed exclusively for accounting firms.
MRA leverages the same technology currently used by Avalara to process over 1.5 million returns and remit over $9 billion in sales and use tax in 2020.
Clients rely on their accounting firms to manage sales tax accurately and on time, but the time and expense of filing and remittance across thousands of tax jurisdictions stretches existing resources and limits growth potential.
By using Avalaras cloud-based solution, accounting firm staff can manage clients sales tax returns from any location, keeping the firm nimble and efficient.