Virginia – A bill has passed exempting all Virginia jails food sales to inmates from sales tax. This bill came about due to an online service which allows inmate families to purchase meals for their incarcerated family members. No sales tax was collected subsequently which led to a huge tax liability for the Virginia jails. The new bill exempting inmate meals…
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…
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…
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…
Sales tax is often not on the top of a company’s list of priorities. Making earnings projections, payroll, and IRS deadlines loom heavy on the minds of many CFOs and controllers. Sales tax is many times an afterthought, an accrual account on their balance sheet, or not even a thought at all. Often times, a…
Sales tax is often not on the top of a company’s list of priorities. Making earnings projections, payroll, and IRS deadlines loom heavy on the minds of many CFOs and controllers. Sales tax is many times an afterthought, an accrual account on their balance sheet, or not even a thought at all. Often times, a…
Texas – State sales tax revenue had a total of 2.32 billion in April, up 3% compared to April in 2015. State Comptroller Hegar said, “Growth in sales tax revenue was led by remittances from the retail trade and construction sectors. As expected, receipts from oil and gas-related sectors continued to fall due to the…
Frost Bank Sales Tax Presentation Wednesday, May 18, 2016. Sales tax is often not on the top of a company’s list of priorities. Making earnings projections, payroll, and IRS deadlines loom heavy on the minds of many CFOs and controllers. Sales tax is many times an afterthought, an accrual account on their balance sheet, or…
Our May 6th Speaker Series has been rescheduled to Thursday, June 9th. 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…
Texas – Certain water-efficient and water-conserving products are tax-free during the Water-Efficient Products Sales Tax Holiday which is May 28-30, 2016. There is no limit to qualifying items you can buy. During the holiday period, you can buy any product tax-free that displays a WaterSense label or logo. These items can be bought for either…
