How One California City Captured More Short-Term Rental Revenue

The following article is shared via Fox and Hounds.
Doug Jensen

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Are You Being Audited? These Tips Can Turn the Experience into a Strength

[The following article is shared via the Texas Hotel & Lodging Association.]

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Avenu Addresses Oklahoma Government on Audit Implications of Medical Marijuana

Avenu’s Fran Mancia (right) and Jonathan Gerth, Esq. (second from right) briefed Oklahoma’s appropriations committee last week regarding what to expect now that the state legalized the retail sale, cultivation and distribution of medical marijuana. The state’s senators were interested in hearing about Avenu’s experience in conducting about 100 audits of medical marijuana businesses in California. These unique cash businesses encounter difficulty banking due to federal laws, they tend to have weak internal controls and point-of-sale software compatibility, and don’t usually have obvious audit trails.

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Municipalities Can’t Tax Internet Providers, Except When They Can

Local governments are hurting from lost telecom franchise fees as the industry relies more and more on broadband – but cities can tax internet providers to restore lost funds if they know how to do it.

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ICMA Shines Light on Shadow Revenue

International City and County Management Association (ICMA) runs a piece by Avenu Senior Vice President Patrick Scott on the revenue that often goes unnoticed and uncollected.

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Avenu SVP Patrick Scott Sums Up #ICMA2018

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Shadow Revenue: Where Is It and How to Find It

Revenue is an increasingly important topic for cities and counties, especially since 61 municipalities have declared bankruptcy since 2010. And in 2017, the General Fund growth for cities slowed to 0.9% with expenditures up 2%. New funding is imperative to supply the expected level of municipal programs and services.

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Selling Sales Tax

Doug Jensen, Senior Vice President of Avenu, explains to American City & County magazine readers why the traditional sales tax is due for a review in today’s economy.  https://lnkd.in/dnVfDm2

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What’s Next for Online Sales Tax? CSMFO Hears from Avenu

Avenu’s Tracy Vesely informs CSMFO readers about the recent U.S. Supreme Court decision regarding Wayfair vs South Dakota, covering what it means for jurisdictions.

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The U.S. Supreme Court and Online Sales Tax: What the Wayfair Decision Means as of Today

On June 21, 2018, the U.S. Supreme Court ruled that internet retailers can be required to collect online sales tax, even in states where they have no physical presence. The landmark decision, South Dakota vs. Wayfair, Inc., reverses a 1992 ruling and could result in a greater revenue source for state and local governments. As explained in this free Avenu webinar held right after the ruling, there are still uncertainties surrounding the potential effects, but change is likely on the way.

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