201503.14
0

The Marketplace Fairness Act is Back!

by in Compliance, Featured, Headline, Multi-State, Sales Tax Maintenance, State Sales Tax Laws

MULTI-STATE: Online retailers will have a few changes to their sales tax laws if the Marketplace Fairness Act is approved. A bipartisan group of senators introduced the bill on Tuesday (3/10/15). The Marketplace Fairness Act of 2015 would give states the option to require out-of-state businesses, such as those selling online or through catalogs, to collect and use taxes already owed under state law the same way local businesses do. It relies on the Streamlined Sales and Use Tax Agreement among states.

201503.11
0

How-to Videos on Filing & Paying Sales Tax

by in Compliance, State Sales Tax Laws, States, Texas

TEXAS – The Comptroller’s offices has recently released a series of how-to videos on filing and paying sales tax electronically, http://www.youtube.com/playlist?list=PLF3pUCXPSXKLOJ2mpSMLArZmAU9ljTnvy. The videos guide taxpayers through the secure online system WebFile, http://comptroller.texas.gov/webfile/. For sales/use tax compliance questions or audit related concerns, we are here to help! Contact us at: Contact Us Or call today for a consultation:…

201503.04
0

New Arkansas Sales/Use Tax Incentives Save Corporations Millions

by in Arkansas, Compliance, Sales Tax Maintenance, State Sales Tax Laws, States

ARKANSAS– The Arkansas Economic Development Commission has 2 new investment incentives encouraging businesses to the state; InvestArk and Tax Back. InvestArk is a sales and use tax credit program for businesses that are investing $5 million in a single location for new construction, expansion, or updating.  This credit is available for businesses that have been…

201502.25
0

Increase in Sales Tax Generates $49 Million

by in Compliance, Sales Tax Maintenance, State Sales Tax Laws

COLORADO– Bolder County introduced new sales tax rates effective January 2015.  The new breakdown for the tax rate is as follows: Bolder County 0.985% State of Colorado 2.9% Regional Transportation District 1.0% Scientific Cultural District 0.1% Total 4.985% The Bolder Country rate increase is 0.185% from the previous 0.8%.  This rate was approved by voters…

201502.11
0

Proposed Missouri Use Tax on RVs

by in Compliance, State Sales Tax Laws

MISSOURI – Cape Girardeau County Commissioners voted in January to approve a 1% use tax, subject to voter approval. The voter-approved use tax can be levied on out-of-state purchases of titled vehicles, including automobiles, boats, recreational vehicles, and other tangible personal property purchased out of state.  Buyers will be required to file a use-tax return with the…

201409.15
0

Hot Air Balloon Rides

by in Compliance

MISSOURI – Sales of hot air balloon rides are exempt from Missouri sales tax, as determined by the Missouri Supreme Court. Courts decided that hot air balloons meet the federal definition of “air commerce” because they have a potential to endanger safety in interstate air commerce.  States may not impose any tax or fee on…