Sales Tax Institute

If you work in sales tax, you're likely familiar with the True Object Test. Sales Tax Nerds are talking about the True Object Test because of CheckFree's refund case in Ohio. CheckFree made a refund application for over $2 million based on payment authorization and bill payment services being non-taxable in Ohio. Ohio's Department of Taxation denied this refund application, and the Commissioner upheld that decision. What was the reasoning behind this decision? It all has to do with the True Object Test, which is a must-know for anyone working with indirect tax. Read this for more info: https://lnkd.in/gRxPexhv #Ohio #TaxNews #AccountingTips

Today is Election Day! Our team is making our voices heard in today's election and through early voting. With team members across the country, we see the importance of participating in our democracy. In accordance with our values of integrity and being in service, we encourage you to vote! Click this link to find your polling place today: https://lnkd.in/g5_NeD5 #ElectionDay #Vote #SalesTaxNerd

Last week, Trisha Davidson, CMI, Senior Tax Manager, presented at the Finance and Accounting Technology Expo in New York City! Trisha spoke on sales tax software, showing the variety of options and the important considerations that go into these decisions. This event featured fascinating presentations on what the future of the industry has in store, including from Daymond John! Were you there? Comment below! #SalesTaxNerd #FATE2024 StrategicCFO360 The CFO Leadership Council Finance & Accounting Technology

We’re headed to the mountains! Sales tax is always changing, and that is especially true for the mountain region. If you work with sales tax in Colorado, Idaho, Montana, Nebraska, North Dakota, South Dakota, Utah, and Wyoming, you'll want to join us for this session. We’ll be going state by state into the mountain region’s tax complexities, including exemptions, nexus rules, and current legislative developments. This webinar is co-taught by Amanda Cusack, Sales Tax Manager, and Trisha Davidson, CMI, Senior Tax Manager. This dynamic duo brings a detailed perspective to working in these states. You can receive 1.8 #CPE credits for attending this live training on November 21 at 1 pm ET / 10 am PT. Save your spot today! #Tax #SalesTax #TaxNews

Artificial Intelligence- how can you use it to boost your tax skills? The world of taxation is evolving rapidly, and artificial intelligence (AI) is playing a significant role in this transformation. It is poised to make a substantial impact in the sales tax field. These developments are affecting the way sales tax is collected, managed, and enforced, which will have practical implications for the future of businesses operating in the U.S. In this session, we will dive into the tools available, processes where AI is the most helpful, confidentiality with AI, and ethics related to use of AI. We’ll talk about how to use it effectively to free up time to tackle all the new challenges that pop up. Join us on November 7 12:30-3:30 pm ET. Save your spot now and secure your 3.6 #CPE credits! https://lnkd.in/gj_G3UnW #accounting #accountingtips #AI #artificialintelligence

Selling into Alabama? You legally need to tell your customers this... Sales and use tax are complementary, and a key part of the puzzle is the Notice and Reporting Requirement imposed by Alabama. Take a look at Diane Yetter's tips for sellers selling into Alabama. #Alabama #Tax #SalesTax

We had a fantastic week at Vertex Exchange! From the Ask the Expert session on Sunday to the Sales Tax Nerd Meetup on Tuesday, this week showed just how special this community is. It was great to meet so many Sales Tax Nerds at this conference. What was your favorite part of the week? #VertexExchange24 #SalesTaxNerd Vertex Inc.

We’ve assembled the A-Team for #AI in sales tax. Here’s who will be taking on Artificial Intelligence next Thursday! ▶️ Mustafa Ashurex is a seasoned technical leader with nearly 20 years of experience across diverse industries, including medical device manufacturing, finance, digital marketing, geographic information systems, and tax technology. As the VP of Engineering at Cordiance, Mustafa drives innovation and technical excellence for their tax technology #SaaS platforms. His expertise lies in spearheading innovation projects that leverage cutting-edge technologies such as Artificial Intelligence, Machine Learning, and Natural Language Processing deployed to cloud architectures. Mustafa’s proficiency in these domains has contributed to the success of numerous projects and solidified his reputation as a forward-thinking technologist. ▶️Christina E. Wiseman MBS, PMC-V, serves as Product Marketing Manager, Tax & Advisory, for CPA.com. Chris has 23 years of experience working with public accounting professionals in back-end technology management, product leadership, thought leadership, and product marketing, spanning across topics of firm management, client management, cybersecurity, ESG, and advisory services. She’s passionate about bridging the gaps, connecting people, technology, and processes, to help professionals succeed in both business and in work/life balance. Chris holds a master’s degree in IT Management from Colorado Technical University and is a certified PMC-V professional accredited by Pragmatic Marketing. ▶️Diane Yetter is the “Sales Tax Nerd®” as well as a strategist, advisor, speaker, and author in the field of sales and use tax. She is president and founder of YETTER, a sales tax consulting and tax technology firm. She is also the founder of The Sales Tax Institute. In recent years, Diane has spoken at a variety of events about the potential for Artificial Intelligence, encouraging thoughtful and intentional Artificial Intelligence implementation. You won’t want to miss this session. Join us next Thursday, November 7, from 12:30-3:30 pm ET. You can receive 3.6 #CPE credits for attending! Register now: https://lnkd.in/gj_G3UnW

Is your Halloween costume taxable? The answer is trickier than you think. Seven states provide exemptions for clothing, but it's not that simple. Here are a couple of examples: Tennessee- children's novelty costumes are exempt during Tennesee's annual sales tax holiday. Texas- children's novelty costumes are exempt. New York- clothing and footwear sold for less than $110 per item or pair are exempt, however, anything very obviously sold as a Halloween costume is taxable. Minnesota- "all human wearing apparel suitable for general use" is exempt, including costumes! Additional accessories are taxable. What are you going as this Halloween? Check out this article for more info! https://lnkd.in/gJczyYik #SalesTaxNerd #Halloween

Announcing the official Sales Tax Institute Halloween Costumes! Halloween is scary, but noncompliance can be scarier. Put the tax in trick or treat with these costumes. #Tax #Halloween #Costumes