TEXAS – The 2012 ENERGY STAR sales tax holiday begins Saturday, May 26 and ends Monday, May 28. The products qualifying for the exemption are: • Air conditioners priced at $6,000 or less • Refrigerators priced at $2,000 or less • Ceiling fans • Incandescent and fluorescent light bulbs • Clothes washers* • Dishwashers •…
NEW YORK – Beginning April 1, clothing and footwear priced under $110 will be exempt from the state’s 4 percent sales tax. Each individual items need to cost less than $110, but the total cost of qualifying clothing and footwear can exceed $110. Exemption also applies to most fabric, thread, yarn, buttons, hooks, zippers and…
LOVELAND, CO – Applications are now available at city offices and the House of Neighborly Service for low-income residents applying for rebates on grocery and utility sales taxes for 2011. Nearly 1,000 households qualifies last year for rebates that averaged nearly $150 each. Applicants must meet federal income requirements detailed in the application forms. Applications…
Arizona – The state is requiring you to declare how much sales tax you would have paid for online sales, as well as items purchase out of state, made in 2011. The Arizona Legislature passed a law requiring that the special line be added to the 2011 individual-income tax forms for reporting such purchases. The…
Virginia – Democratic leaders in the state House of Delegates said that the governor’s economic development package for the Internet giant is a bad deal for the state and unfair to other merchants who pay the tax. $135 million will be spent, bringing 1,350 jobs and two new distribution centers to suburban Richmond, announced Amazon…
Arizona – A dentist in Chandler is fighting the city’s effort to collect sales tax on Invisalign braces arguing that they are prosthetic medical devices not subject to tax. Invisaligns are custom-made, clear, removable covers that realign teeth and cost about $5,000, according to the manufacturer’s website. Municipal sales tax on that amount would be…
Texas – The Comptroller’s six-month grace period for filing alcoholic beverage sales reports by certain alcoholic beverage suppliers ends after the February 2012 report, due March 25. Penalties may be assessed on reports file late. The 82nd Legislature passed House Bill 11 in 2011 requiring brewers, beer manufacturers, distributors, wholesalers, package stores holding local distributor’s…
D.C. – On Thursday, a bill was passed by the D.C. Council’s Committee on finance and Revenue that will force food trucks to charge the same 10 percent sales tax paid by brick and mortar restaurants. It is expected to take effect October 1. A flat $1,500 annual fee is currently paid by food truck…
Nationwide – Taxpayers are able to deduct state and local sales or use taxes for 2011 if they itemize deductions on their federal income tax return. Deductions include sales or use tax paid on big-ticket items such as cars, recreational vehicles and boats. Eligible taxpayers can claim the federal deduction in one of two ways:…
