After Wayfair News Today : Breaking News, Live Updates & Top Stories | Vimarsana

REGISTER NOW Most states have managed to get through the COVID-19 pandemic without increasing taxes, despite predictions last year, according to a new report. For the report the Urban-Brookings Tax Policy Center and tax software provider Avalara surveyed officials from 44 states about their 2020 fiscal year and projections for the future to measure how states fared and what they’re planning. The report found that states mostly emerged from the COVID-19-driven recession in good fiscal shape. Most states aren’t planning to expand their general sales tax bases but some are looking at ...

To embed, copy and paste the code into your website or blog: The Supreme Court of the United States’ decision in Wayfair, in June 2018, changed the landscape for sales and use taxes nexus for on-line retailers and remote sellers.  Due to budgetary deficits the states are facing due to the downturn in the economy and the Covid-19 Pandemic, states will increase audit activity to raise money.  Companies must be prepared and be proactive in order to avoid or reduce any state tax assessments. The Wayfair decision lowered the bar in which a company has nexus with a state.   Prior to Wayfair, ...