Author: Charles Maniace

IRS

IRS is Extending ACA Filing Deadline and Good Faith Compliance Standard

November 21, 2016, 11:46 am EDT in Affordable Care Act, Blog

The Internal Revenue Service (IRS) made two important announcements regarding the information reporting requirements imposed under the Affordable Care Act (ACA) in Notice 2016-70, released on November 18, 2016. Specifically, the IRS announced:That it was extending the due date for furnishing statements to recipients (Forms 1095-B and 1095-C) That...

Tales from the 2016 IPT Sales Tax and VAT Symposia

October 6, 2016, 6:00 am EDT in Blog, Enterprise Sales Tax, Events, Value-Added Tax

Overview of common tax gap theme at the recent 2016 Sales Tax Symposium and the 2016 Value Added Tax Symposium, both sponsored by the Institute of Professionals in TaxationI recently had the distinct pleasure of attending both the 2016 Sales Tax Symposium and the 2016 Value Added Tax Symposium, both...

The Heat Is On (or is it?) During the Georgia 2015 Energy Star and Water Sense Sales Tax Holiday

September 2, 2015, 3:18 pm EDT in Blog

For those of you responsible for sales tax compliance in the retail industry, the month of August can be somewhat challenging. As detailed in previous blogs and in our Sales Tax Holiday infographic, the complexity associated with making sure your stores process transactions correctly during all applicable sales tax holidays...

Expansion of Personal Property Lease Transaction Tax in Chicago Delayed until January 1, 2016

August 19, 2015, 9:16 am EDT in Blog

Sovos Compliance has been closely watching recent developments in the City of Chicago as it relates to the issuance of new guidance defining the proper scope of both their Personal Property Lease Transaction Tax as well as their Amusement Tax. Key rulings interpreting both taxes were scheduled to take effect...

Ask the Tax Expert: Taxing Sales to Puerto Rico Destinations?

August 25, 2014, 1:22 pm EDT in Blog, Indirect Tax

Another answer in a series of Ask the Tax Expert series, where Taxware Tax Research experts answers your sales and use tax questions.   The following question was recently submitted: Q. Would a company making sales to PR destinations be affected? We do not have operations in PR, but sell to customers in PR. A....

Tax Complexities for the Publications Industry

March 28, 2014, 3:42 pm EDT in Blog

Reading is unquestionably fundamental, but the taxation of reading material is anything but that. Organizations that sell publications (newspapers, magazines, books, and alike) face a variety of taxation challenges both domestically and internationally. Those challenges are only growing as we continue to move into the electronic age where print media...