Missouri – The Show-Me Green Sales Tax Holiday exempts state sales tax on qualifying energy star new certified items with a rate of up to $1,500.00 per appliance. This sales tax holiday begins April 19, 2016 and goes through April 25, 2016. Some of the qualifying energy star certified appliances are: Clothes Washers & Dryers Water Heaters…
Texas – A new Emergency Preparation Sales Tax Holiday Act was passed last year and took effect on September 1, 2015. The act states that emergency preparation items will be exempt from taxes on the last Saturday, before the last Monday in the month of April. For 2016, the dates are April 23rd through the 25th….
Davis & Davis LLC will be hosting their 6th annual Suit Drive benefiting Metrocrest Services. Drop-off your gently used business suits, ties, separates, shoes, purses, and other accessories at our office and we will take care of the rest. We accept both men’s and women’s professional apparel. Metrocrest Services will provide a tax receipt upon…
Massachusetts – Starting April 1, 2016 through May 31, 2016, a tax amnesty program will be available in Massachusetts. The program allows for delinquent file returns or amended tax returns on prior tax filings. Tax penalties and interest on these penalties will be waived. The benefit will be from a three-year limited look back period….
Texas – Sales tax revenues from November 2016 of this year are down 1.1% compared to last year. Comptroller Glen Hegar attributes the majority of this to overestimating the oil and gas taxes would generate. “Sales tax revenue declined again due to reduced spending in oil and gas-related sectors,” Hegar said. “Remittances from other sectors,…
Overview: Many companies are focused on new product offerings, growing the business, and expanding into new territories. Have you determined how your business growth impacts your sales/use tax outlook? · Starting a new division of your business? · Launching a new product or service line? · Expanding your business into a new territory? · Attending…
Wisconsin – On 8/11/15 SB227 was introduced by Wisconsin Senators Maklein, Gudex, Harsdorf, and Petrowski. This bill provides a sales and use tax exemption for building materials that become part of a facility for a local unit of government or non-profit organization. This act was approved by the Governor on 12/18/15. The bill is estimated…
Overview: Many companies are focused on new product offerings, growing the business, and expanding into new territories. Have you determined how your business growth impacts your sales/use tax outlook? · Starting a new division of your business? · Launching a new product or service line? · Expanding your business into a new territory? · Attending…
California – On January 4, 2016, California Assembly Member Cristina Garcia introduced a bill (1561) that would make tampons and sanitary napkins exempt from sales tax. Assembly Member Garcia is passionate about the issue. “This is not insignificant to women, especially poor women on a tight budget who struggle to pay for basic necessities like…
Oregon – Since it became legal on October 1, 2015, sales tax had not been required for Oregon Marijuana recreational users, However, January 4, 2016 the state now requires a sales tax of 25%. This tax does not apply to people who purchase medical marijuana, only recreational buyers will be affected. The new sales tax is projected…
