Sales & Use Tax
Understanding the Minnesota Retail Delivery Fee
If you are fulfilling a Minnesota Retail Delivery Fee, you should be double checking that you are considering all possible jurisdictionally-imposed fees due on the
Solution: Sales & Use Tax
New Jersey Moves to Exempt Bullion
New Jersey recently enacted S-721. This law provides an exemption for the sale of certain investment metal bullion and coins and is effective starting January
Sales & Use Tax
ERP Transformation Meets Tax Compliance
40% of CFOs around the world say that they do not trust the accuracy of their financial data, with their biggest issue being able to
Alabama to Exempt Honeybees October 1
Alabama will exempt honeybees from state sales and use tax starting October 1. The exemption will also apply to honeybee “inputs” and “byproducts”. The exemption
Alabama to Exempt Hearing Aids October 1
Alabama will exempt hearing aids from state sales and use tax starting October 1. The exemption will not apply to local taxes, and is set
Alaska: City of Mekoryuk Joins Alaska Remote Seller Sales Tax Commission
The City of Mekoryuk has completed the process to join the Alaska Remote Sellers Sales Tax Commission (ARSSTC). Sellers must begin collection on 10/1/2024 and
Sales & Use Tax
The CFO’s Daily Checklist: 10 Key Strategies for Success
eBook The CFO’s Daily Checklist: 10 Key Strategies for Success The CFO role now requires a more strategic, hands-on approach. How can you maximize productivity
Events
COST 55th Annual Meeting and Fall Audit Session
Join the Sovos team in St. Louis to learn more about our indirect tax automation tools at COST’s Fall Meeting.
Events
SuiteWorld 2024
Attending SuiteWorld this year? Join our team for an exclusive welcome night event and stop by our in-person demonstration of Sovos’ Built for NetSuite tax engine.
Tax Compliance
The Troubling Rise of the Retail Delivery Fee and its Impact on Sales Tax Compliance
Retail Delivery Fee impacts sales tax as fuel efficiency and electric vehicles reduce motor fuel tax revenue.
Illinois Eliminates Grocery Tax Effective 2026
Illinois Governor J.B. Pritzker signed House Bill 3144. In this legislation, Illinois eliminated its 1% grocery tax. However, despite eliminating the tax at the state
Minnesota Imposes 988 Fee
Starting September 1, 2024, Minnesota will impose a prepaid wireless 988 fee of $0.12 per transaction for prepaid wireless telecommunication services. This fee will be
Sales & Use Tax
A Modern Approach to Indirect Tax Automation
Global companies and those with global aspirations face a critical decision when evaluating their indirect tax compliance requirements and processes. Do they think globally or
What are Sales and Use Taxes?
Guide Sales and Use Taxes In this guide What are Sales and Use Taxes How do I calculate my sales tax obligation? Audits and notices
Sales & Use Tax
Certainty versus Opportunity in the World of Sales Tax
In this article, we will discuss what the Loper decision means and how it could ultimately impact sales and use tax compliance on both a big-picture and micro-determination level.
SAPinsider 2024 Buyer’s Guide: Finance Management
As the business landscape continues to evolve, financial systems need constant upgrades to stay competitive and drive innovation.
Sales & Use Tax
Sales Tax RegTalk: Mid-Year Review
Join the Sovos Regulatory team for a discussion on the most recent sales tax updates, what’s coming for the rest of the year and a
Oklahoma to Exempt Food Items from State Sales Tax
Oklahoma recently passed HB 1955 and SB 1283, exempting the state level sales tax on food and food ingredients. While this exemption applies to state