Iowa Tax Return Deadline Extended
IOWA – Taxpayers affected by Hurricane Sandy whose quarterly Iowa sales and use tax and withholding returns for the period ending September 30, 2012 and were due on October 31 will have until November 7 to file along with payments. There will be no penalty or interest for taxpayers located in the impacted area. Although…
Energy Star Holiday
>NORTH CAROLINA – Starting today through Sunday, Nov. 4, consumers can shop for certain Energy Star qualified product exempt from sales tax. The Energy Star label will be featured on qualifying products and there is no price floor or ceiling for products to qualify. Exempt products include: • Clothes washers • Freezers • Refrigerator •…
Energy Star and WaterSense Sales Tax Holiday
VIRGINIA – The Energy Star and WaterSense sales tax holiday will begin today and run through Monday, October 8. During this time a variety of “green” products can be purchased free of the 5 percent state and local sales tax. Products must be $2,500 or less and purchased for noncommercial or personal use. The exemption…
Indiana Business Tax Filers
INDIANA – Indiana state legislature passed some laws that change the way business taxpayers will be required to file and remit sales and withholding taxes. Below you will find the changes. • Filings and payments. No later than Jan 1, 2013. o All retail merchants must report and remit sales tax electronically o All withholding…
Exotic Dances Taxable?
NEW YORK – A nightclub owner in Albany is in court fighting more than $100,000 in back taxes, arguing that their dancers’ performances shouldn’t include sales tax under the current tax code in New York. Attorneys for the tax board have argued that since patrons pay for private dances, no artistic exemption applies. According to...
Amazon Begins Sales Tax Collection in California
CALIFORNIA – Starting September 15, Amazon will begin collecting sales tax on purchases made by California residents. This date was part of a compromise between Amazon and Jerry Brown, Governor of California, in order to give the online retailer one more year of sales tax free status in exchange to build and open a 950,000…
Sales Tax Holiday for Sportsmen’s Paradise
LOUISIANA – The state’s annual Second Amendment Sales Tax Holiday runs from today until Sunday. Eligible purchases of firearms, ammunition and hunting supplies will be exempt from sales tax. These are some exempt items: • Shotguns • Rifles • Pistols • Revolvers or other handguns • Ammunition intended to be fired from a gun or…
Texas Tax Free Weekend
Texas’ annual tax holiday has arrived! Starting today through Sunday, shoppers will get a break from state and local sales taxes. Lay-away plans can be used to take advantage of the sales tax holiday. Footwear, clothing, and backpacks costing less than $100 will qualify for exemption. Most school supplies priced at less than $100 will…
Fresh Start: Texas Taxpayer Amnesty Program 2012
TEXAS – From June 12 through August 17, the Texas Comptroller of Public Accounts will waive penalties and interest for businesses that file delinquent tax reports and pay all taxes due, or amend reports that underreported taxes and pay the taxes due. Reports originally due before April 1, 2012, are eligible for this limited amnesty….