MARYLAND – From September 1, 2015 through October 30, 2015, the state will have a statutory amnesty. This will include income (corporate & personal), sales, use, withholding, admissions and amusement taxes. Applicable years will be tax liabilities due as of December 31, 2014. Penalty will be waived and 50% of interest will be waived. It…
THANK YOU to everyone who donated to this year’s Annual Suite Drive. This has been our most successful drive ever! About Davis & Davis LLC – Sales Tax Experts: Headquartered in Dallas, Texas, Davis & Davis LLC – Sales Tax Experts specializes in sales/use tax audit consulting and audit defense. Our team of consultants is comprised of…
INDIANA – There will be an upcoming statutory amnesty 8 weeks before January 1, 2017 for any tax administered by the DOR. The applicable years will be for unpaid tax liability for periods ending before January 1, 2013. Penalty and interest will be waived. If you participated in the 2005 amnesty program, then you are…
ARIZONA – A statutory amnesty will begin on September 1, 2015 and end on October 31, 2015. It will cover all taxes administered by the DOR. Applicable years will be tax periods ending before 2014 for annual filers and Feb. 1, 2015 for all others. Penalty and interest will be waved. There is a special…
Overview: Many business owners’ face a common question of whether or not to tax their internet-based sales transactions. More commonly businesses are finding themselves in the position of having to address this matter during a sales/tax audit of their company. If your client is an internet-based retailer which sells all over the country through an…
TEXAS– On June 1st, the final day of Texas’ 84th legislature, Governor Greg Abbott signed a bill into law that allows the sale of medicinal marijuana. The marijuana is in the form of an oil extract used for the treatment of certain forms of epilepsy. The oil will only be allowed for patients who have…
PUERTO RICO- In May, Puerto Rico Governor Alejandro Garcia Padilla signed into law bill PC 2484, increasing the sales tax rate from 7% to 11.5%. This will become effective July 1, 2015. It also introduced a new 4% tax on business and professional services that will become effective October 1, 2015. These increased taxes will…
TEXAS- Senate Bill 228, also known as The Second Amendment Sales Tax Holiday Act, was passed in the Texas Senate in May. Now the bill is waiting to be scheduled for a vote in the House Ways and Means Committee. The tax break would be for the last weekend in August each year just before…
Missouri – Though sales tax is applicable to fees paid to yoga studios, a recent court case has brought up additional concerns and questions. A Missouri yoga studio operator requested a letter ruling from the Director of Revenue in early March this year after learning of the court’s decision in Tatson, LLC dba Powerhouse Gym…
