Blog

What are the DtC Wine Shipping Laws By State?

Most states allow direct-to-consumer (DtC) wine shipping. However, you must follow the rules of the destination state when doing it. States can have varying requirements and limitations when it comes to licensing, product restrictions, dry communities or even volume limits for how much a given customer can receive. For example, Massachusetts restricts licensees from shipping […]

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What the New E-988 Surcharge Means for Tax Compliance

In sales tax, ideas spread fast. In the new E-988 surcharge, we may be seeing the very beginning stages of what ultimately might become a new and expansive tax compliance requirement for sellers of prepaid wireless products and services. It all started in July 2020 when the Federal Communication Commission (FCC) adopted regulations designating the […]

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4 Retail Trends and Their Sales Tax Implications

Over the past few years, I have had the unique privilege of working with many organizations to understand their business complexities as they expand and grow their company. Sales tax happens to go hand in hand with the journey of growth and expansion in virtually every market.  When creating a brand it’s crucial to have […]

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Delaware Unclaimed Property VDA Notices

Time is running out for those who received the DE SOS’s invitation to participate in the Delaware VDA program in February and June.  Extensions granted to companies that received the invitations in February will expire Friday, July 30th.  Companies that received the June invitations have until August 10th to respond. If a company is interested […]

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DtC Shipping Essentials: Customer Aggregate Volume Limits (CAVL)

Direct-to-consumer (DtC) shipping has numerous rules and regulations that shippers must adhere to in order to stay compliant. Customer aggregate volume limits (CAVL) discern how much of a certain type of alcohol a single licensee can ship in a given period of time to select individuals within a state. CAVL can seem like a fairly […]

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Expansion to Statutory Schedule Y

As we pass the midpoint of the year, many companies are already looking toward year end, trying to ready themselves for various new reporting requirements. Among those is the expansion to statutory Schedule Y where newly adopted Part 3 will join the family and require disclosures on related party insurer members of a holding company […]

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The Data: Wine DtC Shipments and Off-Premise Retail (June 2021 Special Report)

As we enter into the summer months, wine direct-to-consumer (DtC) shipments are still shifting in response to a tumultuous year. While the industry has largely righted itself, it remains essential to pay attention to marketplace data to keep pulse on that continued change.  Nielsen is collaborating with Wines Vines Analytics and Sovos ShipCompliant to provide […]

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5 Reasons to Attend Sovos’ Insurance and Regulatory Summit

Sovos is the industry leader in U.S. insurance accounting and reporting, education and software. From our expert level instructors, to our industry best-in-class software and support, to our customized high-quality training, Sovos helps you meet your organizational goals. Being the industry leader requires staying ahead of industry changes in insurance accounting and financial reporting.  To […]

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What is Active/Active Availability?

With ecommerce continuing to rise in popularity, businesses can face unexpected operational challenges when there are increases in sales. But when utilizing the state of Active/Active availability through Sovos, companies know that they are backed by a scalable technological option that provides unparalleled uptime. Competition occurs every day of the year and is no longer […]

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Multiple Shipping Facilities: Does it Make Sense?

By Milton Cornwell, COO, Copper Peak Logistics — a ShipCompliant Platinum Certified Partner Why should it matter if your direct-to-consumer (DtC) fulfillment partner has multiple shipping facilities? We at Copper Peak have found that the question of multiple shipping facilities is a very misunderstood concept in the wine fulfillment business, especially when it’s called many […]

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Unclaimed Property and Cryptocurrency:  State Reporting Considerations 

In my previous two unclaimed property and cryptocurrency blogs posts titled, “Regulation and the Impact on Digital Assets” and “Due Diligence Requirements and Compliance,” we explored the impact of unclaimed property regulations in the virtual currency world and the what, why, when and how of due diligence compliance.     Now that you have completed your due […]

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Reciprocity in Unclaimed Property

Reciprocity in unclaimed property: why refrain from the practice of reciprocity when it seems so simple? Reciprocity or reciprocal filing came about in 1954 to keep holders from duplicate reporting liability. In other words, if a holder reported unclaimed property to one state (state A for example) and another state (state B) had a better […]

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What are the DtC Liquor Shipping Laws by State?

When it comes to direct-to-consumer (DtC) liquor shipping laws by state, distilleries and other spirits producers must adhere to shipping laws of the destination state. It is also important to remember that just because a state allows DtC beer shipping or DtC wine shipping, it does not necessarily mean that it allows DtC liquor shipping.  […]

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Direct-to-Consumer (DtC) Shipping Essentials: Age Verification

There is perhaps nothing more important for anyone involved in the beverage alcohol market to do than to prevent sales to minors. It is illegal in every state to sell alcohol to anyone under the age of 21, and that restriction applies to every sale, regardless of where or how the sale occurs. Even accidentally […]

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5 Key Tax Analyst Skills for a Stronger Indirect Tax Future

In today’s rapidly evolving and technology-driven regulatory environment, businesses and governments have had to change their operations to stay profitable and compliant. Everything from cloud computing to machine learning and AI to the Internet of Things (IoT) are opening new revenue streams and altering supply chain models. Following the COVID-19 pandemic, businesses and governments once […]

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Recent Developments Impacting the Delaware Unclaimed Property VDA

60-Day Response Period Extended for February VDA Recipients The deadline to respond to Delaware unclaimed property VDA invitations mailed in February 2021 was extended to July 31, 2021. Per an announcement posted to the DE Secretary of State’s website, reminder letters were sent the week of June 14, 2021 to holders that received, but have […]

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3 Key Benefits to Integrating a Tax Engine with Your ERP

Whether your business is looking to expand into more states (or countries), adding ecommerce options or exploring any number of other digital needs, integrating a tax engine with your ERP can be essential to ensuring positive growth. Organizations can see reduced maintenance costs and lessen the burden on internal teams, while also experiencing increased accuracy […]

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What are the DtC Beer Shipping Laws by State?

Direct-to-consumer (DtC) beer shipping laws require abiding by the rules of the destination state. While those rules can be similar from one state to the next, there are always key differences between them that producers and other shippers should know. Two states can each allow DtC beer shipping but may have varying requirements and limitations […]

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