AL: Alaska Governor Mike Dunleavy is contemplating introducing a sales tax, which would significantly alter the state’s tax landscape. Currently, Alaska stands out as one of the five states in the U.S. without a statewide sales tax, a unique position it shares with New Hampshire, Oregon, Montana, and Delaware. While Alaska does not currently have…
Happy International Women’s Day! Today, we’re celebrating the incredible achievements of women worldwide in every aspect of life. From breaking barriers to shattering glass ceilings, women are paving the way for a brighter, more inclusive future. At Davis Davis & Harmon LLC, we’re proud to highlight some of the brightest, most talented, and innovative women…
In the realm of sales tax, the definition of “manufacturing” holds significant weight, often revolving around the physical transformation of tangible personal property (TPP) through the application of materials and labor. However, understanding your tax obligations and exemptions amidst the intricacies of each state’s regulations is crucial for businesses operating in the manufacturing sector. Key…
Colorado’s sales and use tax regulations landscape is undergoing significant shifts, mainly concerning economic nexus provisions and the role of home rule municipalities. Colorado state and local sales taxes, the implementation of sales and use tax simplification programs, and the response of self-collecting home rule municipalities, particularly in light of the Colorado Municipal League’s Model…
GA: Effective January 1, 2024, sales of specified digital products, other digital goods, and digital codes sold to an end user in Georgia are subject to Georgia sales and use tax, provided that the end user receives or will receive the right of permanent use of such products, goods, or codes. The transaction is not…
In recent years, the popularity of subscription services has transformed the retail landscape. Whether it’s curated boxes of goodies, digital content, or meal kits, subscription services offer convenience and tailored experiences. However, as this industry thrives, the question arises: Are subscription services taxable? The answer is as complex and varied as the subscription offerings themselves….
Sales Tax registrations are crucial for your business’s compliance and growth. Sales Tax is a government-imposed levy on the sale of goods and, in many cases, services—the funds collected from sales tax support public services and projects. Why Do You Need to Register for Sales Tax? Legal Compliance: Registering for sales tax is often a…
TEXAS:The world of electric vehicles (EVs) offers eco-friendly options and potential federal tax incentives for those who switch. However, as of September 1, 2023, Texas residents will face a new tax regarding owning an electric vehicle. A new EV law signed by Governor Greg Abbott has introduced additional costs for EV owners in the state….
Happy Anniversary DDH! Davis Davis & Harmon LLC is proud to celebrate 22 years in business. Thank you to our team, who continue to deliver exceptional results for our clients. Thank you to our clients and community partners for your continuous partnership. We appreciate your trust in us, and we do not take it for granted. Cheers to…
TX: Texas shoppers no longer have to pay sales tax on menstrual products, making the state one of the few states in the country to have eliminated the “tampon tax.” A new law that went into effect September 1, 2023, eliminates the sales tax on feminine hygiene items, including tampons, menstrual pads, and menstrual cups….
