“Category: Business”

INDIANAPOLIS, INDIANA (June 3, 2019) – The NCAA Committee on Women’s Athletics has recommended that all three divisions of the NCAA governance structure add two sports — acrobatics and tumbling and women’s wrestling — to the NCAA Emerging Sports for Women program. If adopted, the sports would join the program Aug. 1, 2020.  The committee identifies sports to be … Continued

WASHINGTON (February 14, 2019) – Holiday retail sales during 2018 grew a lower-than-expected 2.9 percent over the same period in 2017 to $707.5 billion, the National Retail Federation said after the Commerce Department released data that had been delayed by nearly a month because of the recent government shutdown. The numbers, which exclude automobile dealers, gasoline … Continued

MOUNT PROSPECT, ILLINOIS (February 12, 2019) – As of now, nearly 60 percent of states have enacted remote transaction sales tax regulations, with more nearly completing their process. Notably, in the last month, New York and Wyoming are the latest to take effect. New York is of concern because its guidance can be interpreted to include … Continued

WASHINGTON, D.C. (February 5, 2019) – The National Retail Federation forecasts that retail sales in 2019 will increase between 3.8 percent and 4.4 percent to more than $3.8 trillion, despite threats from an ongoing trade war, the volatile stock market and the effects of the government shutdown. “We believe the underlying state of the economy is … Continued

Pennsylvania Online Sales Tax Update Pennsylvania’s Department of Revenue has issued a sales and use tax bulletin. Remote sellers and online marketplaces with more than $100,000 in sales are required to register for a sales tax license and collect and remit taxes beginning July 1.  According to Bloomberg Tax, sellers are pointing out that this bulletin has … Continued