Podcasts about taxability

 Call to OrderRoll CallApproval of Minutes: November 7, 2024 Approval of AgendaReports of Officials and Committees: Mayor's Report Assembly Committee Reports Treasurer's ReportManager's Report Communications to the Assembly: CorrespondenceHear Citizens PresentOrdinances, Resolutions, & Proclamations: Public Hearing, Second Reading, and Adoption of Ordinance No. 24-12: Amending SMC 4.08 Sales Taxation to Provide for Resale Certificates, Provide Definitions for Digital and Marketplace Sales, and Clarify the Taxability of Tour Product Sales; and SMC 5.04 Business Licenses to Provide for Transient or Itinerant Business Public Hearing and Adoption of Resolution No. 24-26R: Certifying that the Municipality Did Suffer Significant Effects During the Program Base Year from Fisheries Business Activities that Occurred Within the FMA 17: Northern Southeast Area Fisheries Management Area Public Hearing and Adoption of Resolution No. 24-27R: Honoring Skagway Borough Manager Brad Ryan for Outstanding Service and Awarding a Key to the MunicipalityUnfinished BusinessNew Business: Confirmation of Appointments to Boards, Commissions, and CommitteesConsideration of Community Land Trust Award of Wastewater Treatment Plant Upgrades Design ContractApproval of Purchase of Pile Hoop Fenders for Ore Dock Mayor and Assembly Discussion ItemsAdjournmentPacket

Call to Order:Roll Call:Approval of Minutes: October 17, 2024 Approval of AgendaReports of Officials and Committees: Mayor's Report Assembly Committee Reports Treasurer's ReportManager's Report Communications to the Assembly: Correspondence Hear Citizens PresentOrdinances, Resolutions, & Proclamations:Introduction and First Reading Ordinance No. 24-12: Amending SMC 4.08 Sales Taxation to Provide for Resale Certificates, Provide Definitions for Digital and Marketplace Sales, and Clarify the Taxability of Tour Product Sales; and SMC 5.04 Business Licenses to Provide for Transient or Itinerant Business Public Hearing and Second Reading of Ordinance No. 24-01: Amending SMC to Require Dumpster Use for Congregate ResidencesThird Reading and Adoption of Ordinance No. 24-11: Providing for the Establishment and Adoption of the Budget for the Fiscal Year 2025 Public Hearing and Adoption of Resolution No. 24-25R: Amending Tariff No. 3 Unfinished Business:New Business:Consideration of January 2025 Meeting Dates Award of Temporary Fender Modification Project Contract Approval of Temporary Fender Modification Project Construction Support Services Proposal Consideration of American Cruise Lines ProposalMayor and Assembly Discussion Items:Executive SessionAdjournmentPacket

Is physical presence required for nexus? If you have nexus for sales tax, do you have nexus for income tax? What should you do if you meet an economic nexus threshold but have exempt sales? Do employees working remotely create nexus for the company?

This week we're discussing nonresident sole proprietor income taxability in light of several Office of Tax Appeal decisions.

Do states tax digital products?  What about downloaded pictures, videos, and books? Why do people get this wrong? What is the common misconception here?  Technology is advancing rapidly is any of this set in stone?  

In this episode of the Sales Tax and More podcast we discuss... What would be the first piece of advice you would give to a business that is about to merge or be acquired from a sales tax perspective? What should a business do or disclose if they know or discover they have issues? What consequences and liability issues could the seller of business run into if they do not take care of exposure? Any additional information that a seller may want to know?  

As the landscape of investment continues to evolve globally, understanding the tax implications and reporting obligations associated with foreign mutual funds becomes increasingly crucial for investors and financial professionals alike. In this session, we delved into various aspects including but not limited to: 1. Tax treatment of dividends and capital gains from foreign mutual funds. 2. Reporting requirements for foreign mutual funds held by individuals. 3. Comparison of tax implications between domestic and foreign mutual funds. 4. Strategies for optimizing tax efficiency while investing in foreign mutual funds. Listen In!

In this episode of the Sales Tax and More Podcast Mike Fleming answers some questions we have received that we believe will be helpful for our listeners!   What are the most aggressive states conducting audits? Are the states still enforcing notice and reporting? Is click through nexus still in effect?

We will discuss...What is the first thing someone should consider when interviewing a potential sales tax returns provider? Can the provider file all the returns you want to file? Who is your point of contact?  What is their resouloution process?

The leading cause of large audit assessments can be due to missing, incomplete, or invalid Exemption certificates.  We talk about... History Audits Good faith acceptance Improper use of a certificate Validation & more!

In this episode of the Sales Tax and More podcast we discuss setting yourself up for a successful sales tax year and avoiding tax issues.    We discuss economic nexus, physical nexus, registrations and deregistrations, changes in filing frequencies, taxability, and exemptions. 

In this groundbreaking episode of the Pilla Tax Podcast, Dan Pilla, a luminary in the field of tax litigation and compliance, takes on one of the most pressing issues in modern finance: the tax implications of cryptocurrency. With the digital currency landscape evolving rapidly, Dan provides crucial insights into how these changes impact taxpayers and the IRS alike.In this episode, we delve deep into the world of cryptocurrency and its intersection with tax law:Privacy vs. IRS Oversight: Dan addresses the common belief that cryptocurrency trades are private and beyond the reach of the IRS. He explores whether the IRS can access your crypto trade history and what that means for traders.IRS Focus on Crypto Compliance: Is cryptocurrency compliance really a significant concern for the IRS? Dan examines how the IRS views crypto transactions and why understanding this perspective is crucial for anyone involved in digital currency trading.Understanding the Taxability of Crypto: What are the most common misunderstandings about the taxability of cryptocurrencies? Dan breaks down the complexities and misconceptions surrounding crypto taxation, providing clarity in a field often shrouded in confusion.Staying Compliant with Crypto Taxes: Lastly, Dan offers invaluable advice on what you need to know to stay on the right side of the law when it comes to cryptocurrency and taxes. From record-keeping to reporting, learn how to navigate these murky waters effectively.This episode is a must-listen for anyone engaged in or interested in the world of cryptocurrency. Whether you're a seasoned investor, a curious newcomer, or a tax professional looking to stay ahead of the curve, Dan's insights offer a clear path through the intricate and often misunderstood world of crypto taxation.Tune in to "Decrypting Crypto Taxes" on the Pilla Tax Podcast and arm yourself with the knowledge you need to navigate this rapidly evolving landscape confidently and compliantly.#DanPilla #TaxExpert #PillaTaxPodcast #Cryptocurrency #CryptoTaxes #IRSScompliance #DigitalCurrency #TaxLaw #Finance #CryptoTrading #TaxPlanning #IRS #TaxCompliance #Blockchain #CryptoInvestment

This week we're covering nonresident sole proprietor income and California taxability, along with a recent OTA decision regarding an out-of-state accountant.

As a business owner, it's crucial to know your nexus and taxability requirements to avoid running afoul of sales tax laws. Knowing your nexus is crucial because not registering or collecting sales tax when required can result in tax out of your own pocket with significant penalties and interest charges. You must also be aware of the taxability of your products and services in each state where you have nexus. It's essential to understand what's subject to sales tax, what exemptions are available, and how to apply tax rates and rules correctly, but this can be challenging.By having a solid grasp of your nexus and taxability requirements, you can avoid costly errors and remain compliant with sales tax laws. With the right knowledge and resources, you can confidently navigate the complexities of sales tax and protect your business's financial health. So let's get started.

We have many choices when investing. Today, we are going to look at the different ways an account may be taxed: now, in the future, and never again. Join me in this episode of Deliberate Money Moves where we explore the tax benefits of each.

https://www.manilatimes.net/2022/11/09/legal-advice/taxability-of-social-media-influencers/1865507Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe Visit our website at https://www.manilatimes.net Follow us: Facebook - https://tmt.ph/facebook Instagram - https://tmt.ph/instagram Twitter - https://tmt.ph/twitter DailyMotion - https://tmt.ph/dailymotion Subscribe to our Digital Edition - https://tmt.ph/digital Check out our Podcasts: Spotify - https://tmt.ph/spotify Apple Podcasts - https://tmt.ph/applepodcasts Amazon Music - https://tmt.ph/amazonmusic Deezer: https://tmt.ph/deezer Stitcher: https://tmt.ph/stitcherTune In: https://tmt.ph/tuneinSoundcloud: https://tmt.ph/soundcloud #TheManilaTimes Hosted on Acast. See acast.com/privacy for more information.

Five years ago today we released our very first episode of the “Simply Tax” podcast, Talking Tax Reform with Ed Karl. Host Damien Martin takes a look at a range of current tax topics as special guest Ed Karl—VP of taxation at the American Institute of CPAs (AICPA)—returns to the podcast to cut through the static of the headlines swirling in the tax world. Here's what they discuss: A look back at five years and 150 episodes [0:00] The budget reconciliation roller coaster [05:48] Additional IRS funding and inaccurate information [10:27] IRS backlog and penalty relief [14:26] Extenders and the legislative outlook [25:07] The outlook for much needed guidance [37:46] What else Ed thinks you should watch for [39:40] New Schedules K-2 and K-3 Form 1040 virtual currency checkbox question Taxability of student loan forgiveness Aggressive Employee Retention Credit companies Tax practitioner resiliency Statement of Standards for Tax Services exposure draft Simply Thanks! @50:47 Learn more about Ed and get additional resources with the show notes to this episode comming soon  here! GET MORE SIMPLY TAX We're excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We'd love to hear from you! Email feedback and questions to SimplyTax@FORVIS.com.

Five years ago today we released our very first episode of the “Simply Tax” podcast, Talking Tax Reform with Ed Karl. Host Damien Martin takes a look at a range of current tax topics as special guest Ed Karl—VP of taxation at the American Institute of CPAs (AICPA)—returns to the podcast to cut through the static of the headlines swirling in the tax world. Here's what they discuss: A look back at five years and 150 episodes [0:00] The budget reconciliation roller coaster [05:48] Additional IRS funding and inaccurate information [10:27] IRS backlog and penalty relief [14:26] Extenders and the legislative outlook [25:07] The outlook for much needed guidance [37:46] What else Ed thinks you should watch for [39:40] New Schedules K-2 and K-3 Form 1040 virtual currency checkbox question Taxability of student loan forgiveness Aggressive Employee Retention Credit companies Tax practitioner resiliency Statement of Standards for Tax Services exposure draft Simply Thanks! @50:47 Learn more about Ed and get additional resources with the show notes to this episode comming soon  here! GET MORE SIMPLY TAX We're excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We'd love to hear from you! Email feedback and questions to SimplyTax@FORVIS.com.

It is imperative that small businesses are both careful and thorough in their tax analysis before they classify their workers as either employees or independent contractors. Because the stakes are exceedingly high, and the IRS is aggressive and proactive when it comes to worker misclassification audits of small businesses. So, today, Einstein's Theory of Taxability focuses on just what steps all small businesses should take to ensure they've done their due diligence in properly classifying their workers--on the front end, before a problem arises. But if a problem does arise, and the IRS comes calling, there may be hope if the business can qualify for what is called "Section 530" relief. The specific requirements for Section 530 eligibility are discussed. If you've enjoyed the podcast, please leave a rating and review on Apple Podcasts or wherever you get your favorite podcasts. You can learn more about DPS Legal Counsel at its website: https://dpslegalcounsel.com Again, thanks for listening!

The subscription business model is getting more popular by the minute it seems. Heck! we use a subscription model for ou sales tax return services. The amount of things that you can subscribe to are absolutely staggering. Products range from physical items to software. As it is the more you add to your subscription the more complicated it gets to determine whether or not you should be taxing your product or service. Today we talk about just that.Additional Questions Answered:What makes subscriptions so complicated with sales tax?Do subscription sale give you sales tax nexus?What items are taxable for sales tax in a subscription?How do I know how to tax my items or services?What do I do next if I have sales tax nexus?How do I know if I need to collect sales tax?If you run a subscritpion model in your business it is worth reviewing with us to make sure you are collecting the right amount of sales tax.  Chat with us live now! https://peisnerjohnson.com/whats-next/

Teddi Tuesday Podcast Show w/ Special Guests "Taxability" --- Send in a voice message: https://podcasters.spotify.com/pod/show/teddituesdaypod/message

This podcast talks about the change brought about by the Finance Act of 2021, that seeks to tax notional interest accruing on employee's contribution along with the manner of such computation. While examining the various components of a typical provident fund balance, the glaring lacunae as to specific provisions in the Income Tax Act, 1961 become apparent. It is argued that the absence of charging provision in all likelihood would result in it being taxed as ‘Income from Other Sources', and additionally, the absence of machinery provisions would lead to no clear TDS liability. Reliance is placed on the landmark ruling in CIT v. LW Russel to show that regardless of monthly or annual computation of interest, it becomes taxable in the hands of the employee only when the same actually becomes due and payable to the employee upon attaining the age of superannuation.Audio Source: An article published on the LKS website in December 2021 https://www.lakshmisri.com/insights/articles/taxability-of-interest-on-provident-funds/Author:  Samyak Navedia, Associate (LKS)Voice: Sahana Rajkumar, Principal Associate (LKS)www.lakshmisri.com

This podcast talks about the recent time's mechanism of transferring the immovable property under the Joint Development Agreement (JDA). It also analysis the disputes with respect to determining the year of taxability of capital gains arising out of the transfer of immovable property considering the provisions of the Income Tax Act, 1961.Audio Source: An article published on the LKS website in November 2021 https://www.lakshmisri.com/insights/articles/determination-of-year-of-taxability-for-transfers-arising-out-of-registered-joint-development-agreements/# Author:  Abhinov Vaidyanathan, Sr. Associate (LKS)Voice: Gunmeher Juneja, Principal Associate (LKS)www.lakshmisri.com

GST applicability on Extra Neutral Alcohol (ENA) has been a raging issue since its introduction. This podcast discusses whether levying VAT on ENA can be considered as a correct practice or GST is leviable on the supply of ENA?   Audio Source: An article published in BusinessToday.in  in November 2021 https://www.businesstoday.in/opinion/columns/story/conundrum-around-taxability-of-ena-under-gst-312972-2021-11-22   Authors:  Anshul Mathur, Partner (LKS), and Sangitha, Consultant (LKS)   Voice: Sahana Rajkumar, Principal Associate (LKS)   www.lakshmisri.com

[ HTJ Podcast ] Taxability Of Investment Income Arising Outside Of Singaporehttps://youtu.be/XL5_PppR4oAIf you need #InternationalTax advice? We are here...Here are 4 ways we can help you -1. We offer HOLISTIC strategies to help you live that international life. Tax + MIGRATION options.2. We help you MODEL the tax impact of moving to a new jurisdiction3. CONTACT us for tax optimization consults over Zoom4. High Net Worth? We can QUOTE for doing your "US - International" tax returns

As digital goods and subscription items become more popular you can bet that states will be looking to cash in on those things. Listen in to Jason, Paul , and Danny speak on the taxability of digital goods.Additional Questions Answered:What is a digital good?Are services taxable?Since when have digital goods been taxed?How do I know if my product or service is taxable?If you sell digital goods or services you may need to be collecting sales tax. Get on a What's Next call with us today to get your peace of mind here: www.pj.tax

In this week's episode, Jonathan talks with, Robert Wood, the leading authority on the taxability of settlements. Robert is an expert on tax law and author of Taxation of Damage Awards & Settlement Payments. Robert has been featured in media outlets throughout the country

Investing in cryptocurrencies has gained momentum since the last year in India and everyone is intrigued by what digital currency holds for them. This week's podcast describes Methods of acquiring cryptocurrency, and the taxes chargeable on the income from cryptocurrency.  Audio Source: An article published on the Tax India Online in August 2021 https://taxindiaonline.com/RC2/inside2.php3?filename=bnews_detail.php3&newsid=41783  Authors: Ravi Raghavan, Sr. Partner (LKS), Parvathy R. Kartha, Sr. Associate (LKS), and Laksh Manocha, Associate (LKS)  Voice: Neelambera Sandeepan, Joint Partner (LKS)  www.lakshmisri.com

Episode 33: The Intersection Of Long-Term Disability & Personal Finances, Part 1: Taxability & Overpayments with Larry Weinstein

I received a question recently about the taxability of different types of retired pay. While the person asking the question did not like my answer, here is the truth about it all straight from the Defense Finance and Accounting Service (DFAS).

January 28, 2021 - State Taxability of PPP Loan Forgiveness

This podcast highlights the legacy of the controversy “Taxability of perquisites provided by the employer to employee” that has gained momentum under the GST regime on account of various divergent rulings.  Audio Source: An article published on the L&S website in December 2020: https://lakshmisri.com/insights/articles/gst-on-services-provided-in-the-course-of-employment/#  Author: Brijesh Kothary, Joint Partner (L&S), and Amber Kumrawat, Associate (L&S)  Voice: Gunmeher Juneja, Principal Associate (L&S)   www.lakshmisri.com

There are different rules that apply to different kinds of home properties. The rules change for a self-occupied home and the income from a house that has been rented out should be factored in. In the 10th episode of the series, Jargon Busters, BusinessLine's Satya Sontanam and Gitanjali Diwakar discuss the rules related to home loans in this podcast. --- Send in a voice message: https://anchor.fm/business-line/message

In this podcast, let's focus on the head of 'income' head that is relevant to many folks - that is, Income from salary. Salary includes wages, pension, bonus, gratuity, the amount transferred to the provident fund account, any advance of salary, etc. Listen in to know more Watch | Know your salary - Part 1 (The earnings) To know more about deduction from salary income Search on web for 'Deductions from salary - Income Tax Department' --- Send in a voice message: https://anchor.fm/business-line/message

Michael J. Fleming is the founder and president of Sales Tax and More, a full service consulting and solutions firm with a passion for state tax. He is one of the country's leading authorities on sales tax issues such as consulting and research, registrations, returns, nexus, dropshipping, e-commerce, and service providers.  Michael is a renowned writer and speaker, and he regularly presents on webinars. He is also the host of the Sales Tax and More podcast, where he shares his wisdom and learnings to his audience in order to help them navigate the tricky world of taxes. In this episode… When determining the taxability of software, there are a number of factors to look at. Most commonly, these include the medium of delivery, the state in question, and whether or not the software is going to be used 100% for business purposes. For these reasons, it is important for businesses to stay on top of changes in taxability rules in their respective states. This is especially true when dealing with downloadable software or in cases where the software is used as a service. Luckily, Michael J. Fleming of Sales Tax and More is here to help.  In this episode of Sales Tax and More, Michael J. Fleming is interviewed by his co-host Ellie Moffat about whether or not software is taxable. Michael shares the factors that determine taxability, what different states take into account, and how Sales Tax and More helps businesses handle the taxation of their software. Stay tuned.

In today’s episode, Katie Brewer from Your Richest Life Financial Planning joins us to chat about long term disability insurance.  Katie is a CERTIFIED FINANCIAL PLANNER™, and shares some wisdom she’s picked up over the years surrounding why LTD coverage is so important and what to look for when evaluating a policy. Throughout the episode, Katie and Grant review many aspects of long-term disability insurance,  how to decide whether to obtain coverage, and a few things you can do to reduce the cost of a policy. [01:27] Katie’s Background – Katie shares how she helps her clients make smart financial decisions. [07:27] Why Long-term Disability is Important – Katie shares her thoughts on why it’s crucial to have a safety net in case of an illness that prevents you from working. [11:14] Details of Long-term Disability – What constitutes a disability, how long-term disability insurance works, and different ways insurance companies structure their long-term disability policies. [19:18] Evaluating a Policy – Katie and Grant review several factors you should consider when you’re evaluating a long-term disability insurance policy. [22:43] Riders – riders are a set of options that come with your insurance policy. These are commonly available in long-term disability policies. Katie dives into details of the most common riders and their benefits. [25:54] Residual Disability – What happens if you’re only able to work part-time due to a long-term disability and how you can choose your insurance options to prepare for such a situation. [31:57] Group Coverage – Grant and Katie discuss what you can do if you have a group insurance policy that does not fulfill your expectations. [35:45] Future Insurability – How you can update your insurance options to match your future needs and what to consider before switching to a new insurance policy. [43:15] Working with Insurance Agents – Katie shares her thoughts on why it’s essential to work with independent insurance agents who are not beholden to one insurance company. [50:39] Taxability of Benefits – How taxation comes into play, depending on how your insurance policy is structured. [56:00] Insurance Through Professional Organizations – Grant and Katie share their experiences of obtaining group insurance policies through professional organizations. [58:20] Final Thoughts – Katie sums up the most important things you should keep in mind when you’re thinking of obtaining a long-term disability insurance policy.   Resources: Katie’s Website: yourrichestlifeplanning.com Find Katie on Social Media: facebook.com/yrlplanning twitter.com/KatieYRL

Every employer likes to reward their employees with something extra: A reimbursement for parking expenses, a holiday gift card, or tickets to a sporting event. But how are those fringe benefits viewed by the IRS? It could make a major impact on your business’ tax return. Our guest is Catherine Doe, a Principal here at DGC. She is going to break down the taxability of fringe benefits for the 2017 tax year. For more information, visit our website: www.dgccpa.com

On this episode Mike Jesowshek, CPA talks about the paycheck protection program, specifically about PPP loan certification clarification, PPP loan taxability, and PPP loan forgiveness application. -------- Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com) PPP Loan Forgiveness Application: https://home.treasury.gov/system/files/136/3245-0407-SBA-Form-3508-PPP-Forgiveness-Application.pdf FREE Bookkeeping Training Program Sign-Up: http://www.JETROtax.co/BookkeepingTraining JETRO Coronavirus COVID-19 Resource Hub: https://www.jetrotax.com/2020/03/18/coronavirus-accounting-tax/ -------- Podcast Website: https://www.jetrotax.com/podcast/ Facebook Group: https://www.facebook.com/groups/taxsavings/ Facebook Group: https://www.facebook.com/groups/LawFirmAccounting/ -------- To find out more on this topic and many others visit our website at www.JETROtax.com. You can also give us a call at 844-327-9272 or send your questions to us at: Sales@JETROtax.com

On this episode Mike Jesowshek, CPA talks about the paycheck protection program, specifically about PPP loan certification clarification, PPP loan taxability, and PPP loan forgiveness application. -------- Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com) PPP Loan Forgiveness Application: https://home.treasury.gov/system/files/136/3245-0407-SBA-Form-3508-PPP-Forgiveness-Application.pdf FREE Bookkeeping Training Program Sign-Up: http://www.JETROtax.co/BookkeepingTraining JETRO Coronavirus COVID-19 Resource Hub: https://www.jetrotax.com/2020/03/18/coronavirus-accounting-tax/ -------- Podcast Website: https://www.jetrotax.com/podcast/ Facebook Group: https://www.facebook.com/groups/taxsavings/ Facebook Group: https://www.facebook.com/groups/LawFirmAccounting/ -------- To find out more on this topic and many others visit our website at www.JETROtax.com. You can also give us a call at 844-327-9272 or send your questions to us at: Sales@JETROtax.com

This week on "Off The Cuff," Justin, Megan, Jill, and Allie reconvene to discuss the latest developments regarding CARES Act emergency grant funding for students and institutions, including new updates from the IRS that students' emergency grants will not be counted as taxable income. Jill explains the details of new guidance from the Department of Education on how, when, and where institutions must report data on student emergency grants, and what data points must be made publicly available. Plus, Allie describes a new class action lawsuit against ED arguing defaulted loan borrowers are wrongfully continuing to have their wages garnished, despite ED guidance saying it would halt collections. And the team wants to know: Where are you most looking forward to eating once we return to normal life?

IN Department of Revenue partially denied a taxpayer's claim for refund of sales tax paid on various purchases of computer software maintained on servers outside the state.

In a recent letter ruling, the TN Department of Revenue addressed the taxability of a motor vehicle subscription service.

One of the most unsettling things that can happen to any business is to find itself the subject of an IRS audit. You're sorting your mail, and you stop when you see an envelope containing the tell-tale signs that it is a letter from the IRS. With shaking hands, you open the envelope only to find a notice that your business' tax return for a recent year is under examination by the IRS. Yikes! Your day just went from sunny to rain. What's the first thing you should do when you get that dreaded IRS audit notice? Listen to this episode of Einstein's Theory of Taxability to get some helpful tips on what your next steps should be.

It is imperative that small businesses are both careful and thorough in their tax analysis before they classify their workers as either employees or independent contractors. Because the stakes are exceedingly high, and the IRS is aggressive and proactive when it comes to worker misclassification audits of small businesses. So, today, Einstein's Theory of Taxability focuses on just what steps all small businesses should take to ensure they've done their due diligence in properly classifying their workers--on the front end, before a problem arises. But if a problem does arise, and the IRS comes calling, there may be hope if the business can qualify for what is called "Section 530" relief. The specific requirements for Section 530 eligibility are discussed. If you've enjoyed the podcast, please leave a rating and review on Apple Podcasts or wherever you get your favorite podcasts. You can learn more about DPS Legal Counsel at its website: https://dpslegalcounsel.com Again, thanks for listening!

I have had many questions in regards to using print-on-demand services. Here is the scenario: You are selling custom t-shirts, mugs, cups, etc. Once an item is ordered, the supplier creates the item and drop ships it on your behalf. So, today I want to talk about how this can affect you and your business and what steps you need to take if any.Additional Questions Answered: Does using print on demand services give me nexus where the printer is located?Do I need to register where my supplier is located?Do I need to give my supplier an exemption certificate?Do I really owe sales tax to my supplier if I don’t have nexus in any state?How do I get an exemption certificate?If you would like to get more information about how to set up a FREE consultation for a NEXT review please fill out this FORM.If you have any questions about this podcast please contact me at ryanj@peisnerjohnson.com

This week we’re covering the taxability of pension payments to former California residents, and the importance of keeping documentation related to these payments.

Once you have determined that you have nexus and where you have nexus we need to talk about what happens NEXT. Before you start registering anywhere and everywhere, you need to determine the taxability of your products or services. It can be as simple as saying all your products are taxable or as complicated as you could possibly imagine.Additional questions answered: How to tax or what to tax? What is the right tax rate? What's taxable?Do a lot of e-commerce sellers who sell items that are tangible property want to know how to tax the items?How do e-commerce platforms work? Do they set the tax automatically or the sellers should put it themselves? How to manage different tax rates in different states?Who should collect the tax: platforms or seller? Which items are taxable or nontaxable in different states? Do they need to report the tax?What happens when you over collect the tax or you are under collecting it? How is the penalty provided?Does applying codes for the type of item that is selling make things easier or not?If some items are not taxable in some states, do you need to register your business in the state where the item is not taxable?Got some worries? Feel free to reach out to me at ryanj@peisnerjohnson.comLearn more at our newest webinar, "Nexus and What to do NEXT." Register Here.

Andrew Breiner talks to practitioners about the various issues raised by state efforts to tax peer-to-peer car rentals. For related coverage, read these articles in Tax Notes:Illinois Governor Vetoes Car Sharing Bill, Proposes Own PlanStates Look to Tax the Car-Sharing IndustryAirbnb and the Sharing Economy

Bulls and Bears (Mostly Bears) Market Report for 10/12/18; Legislative Update on Client Preference for Investment Advisors or Financial Planners; Plan Your Prosperity on Early IRA distributions; Ask Peggy About the Taxability of Investment Sales.

Kevin L. Routley discusses Introduction to Employee Benefits for the first episode of our podcast series #BenefitsBootcamp. Learn about Group Insurance Theory, Canadian Landscape, Group Benefits Products, Taxability of Group Benefits, and Claim Distribution & Trends.  Follow us on LinkedIn and don't forget to subscribe to the show! 

Kevin L. Routley discusses Introduction to Employee Benefits for the first episode of our podcast series #BenefitsBootcamp. Learn about Group Insurance Theory, Canadian Landscape, Group Benefits Products, Taxability of Group Benefits, and Claim Distribution & Trends.  Follow us on LinkedIn and don't forget to subscribe to the show! 

Do all states offer exemptions to schools? Andy and Dan dive into exemptions for schools when they purchase items. They also make it less confusing for you that have schools as customers so you know whether you should charge them sales tax. Questions: What states don't have exemptions for schools? Do I have to collect exemption certificates from schools and universities? Are there different exemption rules for public and private schools? How is the taxability of donations to schools handled? Why do some states treat private and public schools with taxability? Are purchases from public and private school exempt in the state of Minnesota?

Kevin L. Routley discusses Introduction to Employee Benefits for the first of our podcast series #BenefitsBootcamp. Learn about Group Insurance Theory, Canadian Landscape, Group Benefits Products, Taxability of Group Benefits, and Claim Distribution & Trends.  Don't forget to subscribe to the show! 

Hear Andy and Dan talk about new changes with income tax for eComm sellers. Also, learn about how some states determine taxability for some products. What income tax obligations do I have as an eComm Seller? Is there sales tax on candy? Is the candy Whoppers exempt from sales tax? Are Lemon Drops exempt from sales tax? Are groceries exempt from sales tax? Why does my sliced prepared bagel in New York have sales tax? What is the difference in taxability between food and food ready to eat? How do I know what sales tax rate to charge? What is the difference between sales tax and use tax? What is a home rule state? Does Texas classify a warehouse as a place of business? Here Is The Link To Avalara's Tax Calculator Here Is The Link To Taxjar's Tax Calculator

Today Andy and Dan discuss what you should look out for when it comes to the taxability of packaging supplies. Is my packaging a sale for resale? Are my packaging supplies exempt from tax? What are some special exemptions in some states when it comes to packaging supplies? Are the machinery used in packaging exempt from tax? Is handling considered taxable? Is handling considered a service? Is shipping taxable? What if my shipping and handling is separately stated?

A woman noticed that she was charged sales tax when she purchased Netflix subscription gift cards at Walmart. She argued that it wasn't correct to charge sales tax on gift card sales. Walmart refused to refund the tax. Was she right? Do you notice when you get charged sales tax and know if it is correct? Tune in as Andy and Dan discuss the taxability of digital products. Are gift cards subject to sales tax? 01:25 How are coupons taxed? 10:50 How are digital products taxed in California? 14:20 How are digital products taxed in Florida? 14:20 How are digital products taxed in Georgia? 14:20 How are digital products taxed in Illinois? 14:20 How are digital products taxed in Michigan? 14:20 How are digital products taxed in New York? 14:20 How are digital products taxed in North Carolina? 14:20 How are digital products taxed in Ohio? 14:20 How are digital products taxed in Pennsylvania? 14:20 How are digital products taxed in Texas? 14:20 How are gift cards and game cards taxed? 18:40 The article is included below: https://www.dallasnews.com/news/watchdog/2018/01/25/walmart-tried-improperly-tax-womans-gift-card-texas-nothing Here is the chart: https://bit.ly/2wJU4EQ Check out the YouTube video! https://youtu.be/SdiGxRUqZag