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Telephone(605) 389-7345

South Dakota Found a Way to Increase Their Audit Assessments by 10%

South Dakota Assessing 10% Tax Penalty

10% Penalty Will be Added to All Assessments for Audits Commencing After July 1, 2020 The state of South Dakota found a way to increase their audit assessments by 10%. That’s by adding a 10% penalty to all assessments for audits that commenced after July 1, 2020. Prior to July 1, 2020, South Dakota only applied a 10% penalty to…

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Wayfair, Inc.

South Dakota v Wayfair

South Dakota v. Wayfair, Inc. The U.S. Supreme Court has agreed to hear the case South Dakota v. Wayfair, Inc. to consider freeing state and local governments to collect billions of dollars in sales taxes from online retailers. The Court has agreed to revisit a 26-year-old ruling that has made much of the internet a tax-free zone. Oral arguments…

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