Author Archives: admin

The California State Board of Equalization (“SBE”) staff recently proposed changes to the  Qualified Purchaser Program, which seeks to collect use tax from businesses not otherwise required to file sales and use tax returns.  In essence, businesses who do not … Continue reading →

This is an article by Alfred Lee, Los Angeles Business Journal… —————– Mike Paek has been doing taxes for customers in Koreatown for more than 10 years. But he’s not one of the 300 certified public accountants who cater to … Continue reading →

Some states now require online sellers to collect sales or use tax. See Paying Sales Tax On Internet Purchases? There are ongoing court battles and more brewing. It’s about revenue and about perceived unfairness. And Amazon and California are squaring … Continue reading →

On April 27, 2011, the California Supreme Court denied the California State Board of Equalization’s petition for review of the Court of Appeal decision in Nortel Networks, Inc. v. State Board of Equalization, holding that a license of prewritten software … Continue reading →

California sales and use tax audits of bars and restaurants are on the rise, resulting in huge liabilities for operators of neighborhood bars, as well as multi-unit bar and restaurant chains.  Primarily, this is due to the fact that California … Continue reading →

Recently, a small closely held corporation was assessed a fairly large sum of money due to a routine sales and use tax audit.  The auditor followed all appropriate procedures during the audit, and in the end the company owed the money.  … Continue reading →

Let’s face it, were it not for the threat of an audit, many taxpayers would simply insert a column of zeros down the right side of the sales and use tax return, send it in, and not worry about whether … Continue reading →

Due to the recession and budget issues, several states are turning to amnesty programs to rake in some extra cash.  Tax Amnesty programs provide comprehensive tax relief.  Typically an amnesty has a very short window of opportunity, and the goal … Continue reading →

A huge clerical error resulted in a major budget hit to Suffolk County, NY when a small business owner, in remitting tax on out-of-state Internet purchases, reported owing $10 million, when he meant to report only $1,000.  The remedy to … Continue reading →

According to a July 13, 2010 Forbes article, Georgia State University economics professors found that only 18% of sellers on eBay bothered to collect sales tax even on sales to buyers within their own states.  Their study was published in … Continue reading →