In June 2018, the United States Supreme Court in Wayfair held that the physical presence of the taxpayer was no longer a prerequisite for imposition of a sales tax. In so doing, the Court blessed the concept of “economic nexus”…
Continue Reading Word Play: The Curious Case of Economic Nexus Legislation in Florida

On February 12, 2021, overriding the Governor’s veto, Maryland enacted a first-of-its-kind tax “Digital Advertising Gross Revenues Tax” that has already sent shockwaves through the industry. As widely anticipated, within one week of the enactment four trade associations representing industry…
Continue Reading What Will Come of Maryland’s Unique and Controversial Digital Advertising Tax?

On January 21, 2021, the City of Chicago’s Department of Finance issued an informational bulletin clarifying its position regarding economic nexus for Chicago’s amusement tax as applied to streamed amusements and Chicago’s personal property lease transaction tax (“PPLTT”). It also…
Continue Reading In Search of Revenue – Chicago Issues Bulletin on Economic Nexus For Streaming and Cloud Services

On December 27, 2020, President Trump signed the new $900 billion stimulus package – the Consolidated Appropriations Act, 2021 (the CAA), which, among other things, advances legislation intended to provide additional help for Americans and businesses to survive a continued public health…
Continue Reading Summary of Tax Provisions in the Consolidated Appropriations Act, 2021

A year and a half following the New York Court of Appeals’ significant 2019 decision in Matter of Wegmans Food Markets, Inc. v. Tax Appeals Tribunal of State of New York, 33 NY3d 587 (2019), New York continues to grapple…
Continue Reading New York Broadly Applies Information Service Tax to Marketing Analytic Services

The Illinois Audit Fast Track Resolution (“FTR”) program is now available for all Illinois sales and miscellaneous tax audits except for Motor Fuel Use Tax. The Department published Informational Bulletin FY 2021-01 this month highlighting the details of the program,…
Continue Reading Illinois’ New Fast Track Resolution Program: A Tax Appeal Option Worth Considering

On August 8, 2020, President Trump issued a Memorandum to the Secretary of the Treasury authorizing the deferral of payroll taxes for certain employees from September 1, 2020 through December 31, 2020. Employers and payroll processors have eagerly awaited guidance…
Continue Reading IRS Issues Limited Guidance On Employee Payroll Tax Deferral and Puts Onus on Employers