Per The Tax Foundation, as of July 1, 2011 the top 10 states with highest combined sales tax rates are: 1. Tennessee 2. Arizona 3. Louisiana 4. Washington 5. Oklahoma 6. Alabama 7. Arkansas 8. New York 9. Illinois 10. Kansas Sales tax rates vary across states, but factor in local rates and the variation…
California –In the wake of the Solyndra scandal, California State Treasurer Bill Lockyer will ask a state panel that hands out sales tax exemptions to renewable energy manufacturers to suspend a program that benefited the now bankrupt corporation. Per the Los Angeles Times, the program run by The California Alternative Energy and Advanced Transportation Financing…
Texas – Certain tax payers will be assessed a $50 penalty for filing a report late, beginning with reports due on or after Oct. 1. Regardless of whether you subsequently file the report or whether any taxes or fees were due from the taxpayer for the penalty covered by the late filed report, penalty will…
Denver, CO – Administrative Amnesty started October 1 – December 30, 2011. It will cover sales, use, and occupational privilege taxes. Applicable tax years will be any period ending on or before 6/30/11. Penalties will be waived as well as 50% interest. zp8497586rq
Arizona – Statutory Amnesty will end tomorrow October 1, 2011. Covers all taxes administered by the DOR except estate and ad valorem property taxes. Applicable tax years if filing annually 12/31/03 – 01/01/10, filing 52-53 week 1/14/04 – 01/01/10, and all others 12/31/04 – 01/01/10. All or partial penalties will be waived and partial interest…
