California: Boutique hotel owners (taxpayers) were eligible for refunds of penalties imposed by the City and County of San Francisco for failing to file tax returns on time and failing to pay certain hotel taxes because they demonstrated that they had exercised reasonable care. The taxpayers relied on an employee to file, repay and make…
For sales and use tax purposes, the California Department of Taxes and Fees Administration (CDTFA) has issued a notice requesting used car dealers to provide detailed information on used car sales when filing their sales and use tax returns. They must provide the Vehicle Identification Number (VIN) for all vehicles sold when submitting their CDTFA531MV,…
CALIFORNIA: Gov. Gavin Newsom on Thursday called for letting small businesses keep up to $50,000 in sales tax receipts for the next 12 months as the pandemic has forced many businesses to close their doors. “No fines, no penalties will be attached, where they can take upwards of $50,000 as a loan and not have…
California – In the state of California, orthotic’s are regarded as “medicines pursuant.” Purchased orthotic devices are not subject to tax as long as prescribed by a physician. The prescription does not have to necessarily be filled by a pharmacist, as-long-as accompanied by a prescription. You may also order one from a clinic, physical therapist…
California – Effective November 1, 2017, Senate Bill 1 increased the state excise tax on motor vehicle fuel and diesel fuel along with the sales and use tax rate on diesel fuel in California. The tax increase is expected to raise more than $5.2 million per year to repair roads, improve public transit, and reduce…
