Insights

Take Back What's Yours

June 20, 2019.
Tax Publications

Performing a reverse tax audit can be a rewarding way for companies to identify and recover overpaid sales and use taxes. The word “audit” may be received with negative feelings within some companies and perhaps reflected upon with frustration and avoidance. Nobody likes the idea of having to...

Snack Time or Tax Time?

June 19, 2019.
Tax Publications

Most states do not impose sales tax on the purchase of grocery items. However, items that are considered sold for on-premises or for immediate consumption are generally taxable items. The following chart depicts a list of states that charge tax on grocery purchases: Alabama, Arkansas, Hawaii, Idaho, Illinois, Kansas, Maryland,...

What's Next for LTL?

June 16, 2019.
Logistics Publications

There are pros and cons when using LTL as a shipping mode. Perhaps the simplest way to look at it is from a time vs. money perspective. Shipping via LTL is much cheaper than the full-truckload (FTL) alternative, but you sacrifice visibility and timeliness. Several indicators show that LTL is...

What the IMO 2020 Entails

June 15, 2019.
Logistics Publications

The shipping industry has 11 months until the International Maritime Organization's Sulfur Regulations, commonly referred to as IMO 2020, takes effect. The shipping industry is one of the greatest contributors to pollution and carbon emissions on the planet. IMO 2020 will limit the sulfur content of ships’ oil and...

The Need for Cargo Insurance

June 14, 2019.
Logistics Publications

Carriers do not guarantee the safe delivery of cargo. There is always the possibility that cargo will be damaged during the transportation process. To make things worse, the carrier may not be responsible for the cargo loss or damage by the terms of the contract or as a matter...

Self-Driving Truck Company, TuSimple to Haul Mail for USPS

June 14, 2019.
Logistics Publications

Self-driving truck company TuSimple has been awarded a contract from the U.S. Postal Service to preform five round trips between their Phoenix, AZ and Dallas, TX distribution centers. This contract is supposed to take place over a two-week pilot program. The first run began on May 21, 2019 and is a...

100% Entry Audit

June 14, 2019.
Trade Publications

Allyn’s proprietary GTM software (CIMS™) offers industry leading solutions that facilitate maximized compliance and efficiency. One key solution is the Entry Audit Module, which offers an electronic comprehensive audit of all customs entries. 100% entry audit offers a way to increase compliance rates and greatly reduce risk. This...

Tax the Taxpayers

June 12, 2019.
Tax Publications

Creating and submitting tax returns could be provided as an externally sourced service to your company by local firms, accountants and CPA’s, or other US tax service providers or professionals. Early this year, Utah’s Legislature proposed a levy on sales tax on multiple services, including accounting...

How Logistics Automation is Helping Companies Meet Delivery Needs

June 11, 2019.
Logistics Publications

In recent years, consumers’ and business buyers’ delivery expectations have increased. Next day delivery is a new trend that many businesses are implementing to meet increasing business demands. Some ways logistics service companies meet such requirements is through the introduction of logistics automation through the use of different...

Tax Collector's Error and Taxpayer's Responsibility

June 11, 2019.
Tax Publications

The Texas Court of Appeals recently dismissed the case of a taxpayer in Harris County Texas who sued several tax authorities. The taxpayer was seeking a refund for $17,861 of penalties and interest paid on overdue property taxes. The court stated that the individual failed to “plead facts within the...

"Systems are Currently Down"

June 10, 2019.
Logistics Publications, Tax Publications, Trade Publications

“Systems are currently down” is a common phrase. You might have seen or heard it before, maybe when ordering online or trying to get an ice cream at the drive-through. For many years, companies only had physical threats to worry about. However, new threats are always emerging. If...

Deal With Mexico Suspends Tariff Hikes

June 10, 2019.
Trade Publications

On Saturday June 9th, U.S. President Donald Trump announced that the much-anticipated tariffs on imports from Mexico, set to be begin on June 10th, would be indefinitely suspended. The suspension occurs after the United States and Mexico announced a new agreement on immigration. And while few details on the...