Mark Friedlich

The AICPA’s Private Companies Practice Section surveyed CPA firms of all sizes and in all regions of the U.S. about the most significant challenges they face.

States disagree on many things, but one thing they agree on are the activities businesses engage in, or things they fail to do, in meeting their sales and use tax obligations that are most likely to lead to a sales and use tax audit.

The Sunshine State seems to be on the verge of requiring more online merchants to collect sales and use taxes from customers.

Most of the Top 100 CPA firms reportedly are showing significant increases in revenue in their SUT practices.

The explosion in e-commerce since early March has resulted in a significant increase in online sales tax revenues in most states.

Tax and finance leaders are now dealing with some unprecedented pressures coming from several sources.

The year 2019 was a continuation of the banner year of 2018 for major law and administrative changes in sales and use tax compliance, inspired and driven in large part by the Supreme Court’s decision in South Dakota v Wayfair.

Some are celebrating the Supreme Court’s decision; many aren’t.

Federal and state governments are not yet “on the same page” with respect to all aspects of the tax and legal treatment of marijuana.