201708.30
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Hurricane Harvey Tax Assistance

TEXAS – The Governor of Texas, by way of proclamation, has exempted evacuees and relief workers from state and local hotel taxes. Existing tax exemptions will become effective as the Governor designates areas of the state to be natural disaster areas. The Governor’s website will have specific information related to each declared natural disaster. Some…

201708.23
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Multistate Online Sellers Voluntary Disclosure

Multistate – The Multistate Tax Commission and the National Nexus Program is offering a special limited-time voluntary disclosure initiative, in which the following states are participating: Alabama Arkansas Colorado Connecticut Florida Idaho Iowa Kansas Kentucky Louisiana Nebraska New Jersey Oklahoma South Dakota Texas Utah Vermont Wisconsin The states listed above will consider applications for voluntary…

201708.16
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Texas – Insurance Services of Less Than 1% Provided by CPA Exemption

Texas – Effective January 1, 2018, Senate Bill 1083 amends tax code to exempt from sales and use tax insurance services performed by certified public accounting firms if services are less than 1% of the firm’s previous year’s total revenue. Additionally, insurances services are exempt if a service is performed on behalf of a certified…

201708.01
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New Sales Tax Exemptions on Bullion and Precious Metal Coins

Louisiana– Effective October 1, 2017, sales and use tax is 100% excluded from the sale of silver, gold and platinum bullion. Similarly, numismatic coins priced less than $1000, sold at national, statewide, or multi-parish trade shows will now receive full exclusions. “We are very pleased that the Louisiana (sales tax) exemption is now restored,” said…