Will states start imposing sales tax on NFTs?

like
Posting as :
works at
You are currently posting as works at

Under certain states that tax digital goods, current law is already broad enough to require the tax.

like

As soon as they realize they are missing out revenue. If a state is taxing digital goods they are willing to tax any “digital audio-visual good.” All it takes is one domino to fall and they all go

like

Maybe. Evolving area without a lot of guidance.

like

In a state like HI or NM...would you volunteer to pay (as a seller) at this point?

Related Posts

Any platform which lets you trade options after hours?

like

Does anyone use Acorns or something like that for investing? Thoughts?

like

Looking for names of some effective financial/investment planners. Any suggestions? Plz give only the ones u hv worked with or experienced!

like

Brand new to investing! Husband and I are 37, don’t have any investments other than the home we currently own. Sitting on atleast 100g worth of cash....

like

What is with people not knowing how to read signs? We have a huge one that says “NO CASH ALLOWED” and I still get asked almost everyday if we take cash

like

How much do professional, high-earning (300k+) people put down as down payment for their first home / condo in Manhattan? 20% seems pretty high given the median prices, but looks like thats standard

like

Just received an email from compliance that Wealthfront should be labeled as a brokerage account and needs to be closed. Anyone know how to work around this? Using it just for the cash savings account

like

Make 72k with not a lot savings at the moment since I am new in the workforce. Any advice on how to break into real estate.
Also already own a primary residence.

like

The lease on our existing bmw 430i ends in August. Looking to buy model 3.
1. When should we place the order?
2. What’s the best place for financing?
3. How much should we put down initially?

Any tax saving ninja technique??

like

How would you sell ETFs in retirement since there is no average cost option for etfs?

like

On a credit file, do multiple credit cards from the same issue count as multiple accounts or is that issuer counted as a single account regardless of how many cards

like

Do desi consultants opt for 401K? Upside/downside?

like

Any Sloanies here caring to share about life@Sloan paying full ticket price and if it’s worth it? Just submitted my enrollment deposit today🎉 Now to find some financial aid....

like

🔮 Looking for some buys with my new found gains in ETH 🔮

like

Has anyone thought about retiring right now? How much would it take you realistically to feel financially secure enough to do it? Age 55 and ready to be done.

like

Hello NYC fishes. If you pay your fares via OMNY for SBS bus, and there is no ticket to show if fare cops ask you for it. Apple Pay history won’t show up immediately after transaction (Chase), then what do you do?

like

How would you allocate $200K today, knowing (1) this is in addition to your HYSA, investment, 401K.. (2) you have no immediate use (3) if we see a drop in real estate price in the next 1-2 yr timeframe, this could be part of your down payment for a house in HCOL

like

For EESP - which is better share withholding or payroll withholding? Thoughts?

like

Fellow 🐠, need some first time home-buyer advice: Should we apply for an FHA loan? If no, is there a specific type to go for? Great credit (high 700s), great salary, but super high student loans...

like

More Posts

Hi Fishes,

Why are few companies not moving away from SAS?

like

Is anyone interested in connecting over coffee?

like

Can sm1 help in calculating in hand salary for below brk up after maxing out 80c and 24A.Thanks in advance.

Post Photo
like

How much is my eye Dr. paying the general manager

like

How long did you date your SO before moving in with them?

like

What does it mean if there’s a NEP at the firm who’s been there for a long time (20+ years), but never got promoted to EP? Never held leadership roles too. Does it usually mean EPs does not like the NEP enough to get promoted?

The NEP has a book of business, though no idea how much it brings in.

like

How many billable hours in a month does it take for you to think you are billing a lot?

like

It’s absolutely insane there’s no common sense gun control measures that can make it past this NRA-funded congress.

Post Photo
likeupliftingsmart

TFW someone tells you they quit and you can't discuss it because but damn is it going to affect next busy season...

likefunny

I keep giving staff more chances to do simple tasks and work on improving his soft and technical skills and he is KILLING ME

like

Any one here who is serving notice period in EY and got hike letter

Anyone else here have terrible utilization because their deals die and a code never opens? /can’t find another code to book hours? I’m sitting on over 200 billable hours at this point

like

I have no talent for awards work. What should I do?

What’s the wlb like at VCA?

like

I How much money I can make in short term onsite project to Netherlands ? What all tcs provide interms of money n facilities in Amsterdam?

I just realized I missed a hearing for a pro Bono client. The Pro Bono partner knew about it but I’m not sure if they went. I’ve been slammed due to Russia and Ukraine issues. . . How pissed do you think the Pro Bono partner will be?

like

How is the cigna company guys in terms of work life balance?

like

What’s a good baseline amount to keep in a checking account? I generally keep mine pretty low <1000 after paying CCs then dump the rest in savings. As I’m building a rainy day fund and then I will start contributing my brokerage account.

For reference <1 year experience at $4500/month (after taxes and 401k contribution)

like

Additional Posts in SALT - State and Local Tax

What should the salary range be for a SALT 2nd year senior associate in the Northern Virginia area? What about 1st year Supervisor? HCOL.

like

Any big four hiring for indirect tax ?

The Idaho State Tax Commission is looking for an appeals specialist. You'll deal with protested cases, work with Petitioners/ Taxpayers, commissioners, lawyers and auditors. The pay is starting at $27.93. Let me know if you're interested.

likehelpful

Hi all! I work for a local CPA firm and have realized that I’m the only one out of 50 people total and one other partner that are interested in SALT. I see myself creating a path for me to become almost invaluable here. I enjoy multi state returns and wanted to see if you’ll had any recommendations on how to increase expertise and become really tax technical with state and local tax issues? Tax senior here.

like

When a consolidated unitary group acquires a TX Corp, does TX follow Sec. 382 and Sec. 383 and apply a limitation on the utilization of the acquired entity's TX R&D credits following the acquisition?

New to the country. I need to fill the W-4 tax form and I don't know if I am eligible to any tax credits. Do I have the opportunity to change this later?

like

New Jersey partnership question.

Partnerships need to use market sourcing for purposes of calculating NR withholding tax (though NJ doesn't even call this withholding anymore).

However, for purposes of calculating the NJ distributive share of income, you apply Gross Income Tax (personal income tax) rules, which is 3 factor and includes COP.

If I end up with 0% apportionment under GIT and 10% apportionment under CBT (withholding tax), the partnership pays tax upfront but NRs get 100% refund?

like

Hey Team

I'm on a H1B so I am supposed to pay Medicare and SS taxes, but my employer has not withheld anything- my hnr block advisor caught that but she just completed my returns assuming I don't have to pay those taxes

What is the right protocol in this case? Do I owe SS and fica taxes?

like

I am looking for a referral in Deloitte MTS practice. Let me know if anyone could help. Thank you.

like

My 2022 w-2 has states tax paid in California. But I was living in Illinois. I have paid more taxes per my w2. Do I need to file state tax for both IL and CA?

like

How is leaseholds taxed in Texas for personal property?

like

Looking to save on all taxes as my remote career grows. Any recommendations or where to move / establishment residency? I don't see the advantages of being in California.

like

Need some help! Currently live in TX but work as an independent contractor (remote) for a NYC based company - do I still need to pay NY state convenience tax on income or would this only apply as a full-time employee?

like

Why is it when I owe money to a state from my annual tax filings, if I don’t pay the full amount I get charged interest. But when they owe me, they ask for additional documentation and won’t pay me interest for them stonewalling me. Not much volatility y/y in earnings.

like

Any senior from BDO tax interested in Deloitte tax in Houston?

like

Anyone making career moves out of SALT? Curious to hear where people are going and what career paths people are looking into.

like

Why did you choose to work in SALT over other areas of tax?

like

Hey - Might be moving from Florida to Illinois. Is there any way I can avoid changing residency and IL income tax? Realistically, will I be audited?

like

Crowe is looking for SALT professionals at all levels. If you are looking to make a move in your career, feel free to send me a DM and we can discuss details.

like

Maxed out Roth IRA contributions when I wasn't eligible for 2021 (got a salary bump mid year). Do I need to recharacterize? It's a very small account that's been open for only two years. That's the only IRA account I own. Do I need to open a traditional IRA and roll over 6k + realized gains into that account and keep the Roth IRA. So confused how this works and got conflicting information from Merrill.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal