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The State-By-State Complexities Of Sales Tax Compliance

PYMNTS

Retailers that want to sell merchandise nationwide must pay attention to how each state’s tax code treats their goods. For example, products considered to be exempt medical necessities in some states might be taxed at high rates in others. 100: Minimum number of local tax codes in Alaska.

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Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

eCommerce sales tax laws are having unintended consequences in the tobacco industry. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. in 2017 had a 52.75

Retail 109
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COVID Retail Update: Mall Group Asks For Bailout

PYMNTS

s Hudson Yards in New York City, Triple Five Group’s Mall of America in Minnesota and the King of Prussia in Pennsylvania. generates nearly $400 billion of state and local taxes, McGee said. Some malls have already shut down, including Paramus Park and Westfield Garden State Plaza in New Jersey, Related Co.’s

Retail 161
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State Employees In Mississippi Targets Of Direct Deposit Scam

PYMNTS

Internal Revenue Service (IRS) said that ahead of tax season, preparers and other victims received requests to change direct deposit activity. In news a bit closer to home, AG Web reported that, in Minnesota, Jerome Robert Hennessey pleaded guilty to one count of mail fraud. In December, the U.S. He had been accused of stealing $5.3

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The ICBA 22/23 executive committee is all in

Independent Banker

and CEO and chairman, Minnesota Lakes Bank, Delano, Minn. We must also keep our focus on protecting the 2017 tax cuts and, as always, monitoring and confronting credit union overreach. For instance, ICBA is calling for congressional hearings on the credit union tax exemption. Grand Rapids, Minn.;

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How to Buy Health Insurance on Your Own Through Marketplaces

MyBankTracker

It can also help you determine if you may qualify for a premium tax credit. States that run their own marketplaces include: California Colorado Connecticut District of Columbia Idaho Maryland Massachusetts Minnesota Nevada New Jersey New York Pennsylvania Rhode Island Vermont Washington Health Insurance Brokers. State Marketplace.

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The case for end-to-end digital lending

Independent Banker

It has also added tools that help to more easily digest documents and that sync with different outlets to get items such as tax returns, pay stubs and bank statements. “At Beth Mattson-Teig is a writer in Minnesota.

Lending 91