Overview
News
- Tax Notes , May 13, 2022
- Law360, May 11, 2022
- Buffalo Business First, May 9, 2022
Press Releases
- March 3, 2022
Hodgson Russ Press Release
- Hodgson Russ Press Release, December 16, 2021
- Hodgson Russ Press Release, November 15, 2021
Events
- SeminarsNYC and Albany, NY - Park Ridge, NJ, June 15 - July 27, 2022
Publications
- Hodgson Russ Business Litigation Alert, May 25, 2022
- Hodgson Russ Labor & Employment Alert, May 17, 2022
- Hodgson Russ Municipal Alert, May 16, 2022
Videos
The U.S. Supreme Court’s decision in South Dakota v. Wayfair made it easier for states to force out-of-state businesses to collect and remit their sales taxes. Now, businesses can be forced to collect and remit a state’s sales tax simply because they make enough sales into the state. In other words, a business no longer has to be physically present in a state before the state can force the business to comply with its sales tax laws. Partner Mark Klein reviews the challenges our clients face when keeping up to date with these changing rules.
Sales tax affects every industry and business, even if what you sell isn’t taxable. The rules governing sales tax can be confusing and onerous. For example, most states, including New York, will impose personal liability on the individuals responsible for running the business if the business fails to collect and remint the correct amount of tax. Partner Joe Endres outlines best practices in order for businesses to avoid potentially significant tax liabilities, and also discusses the typical issues that arise during the course of a sales tax audit.
Over our nearly 200 years in business, our mindset and our day-to-day professional philosophy have remained simple and steadfast: working respectfully and collaboratively with our clients is the key to our mutual success. As business people ourselves, we realize that our future vitality and longevity depend on it.