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MISSOURI – From September 1, 2015 through November 30, 2015 the state of Missouri will offer tax amnesty. It will include income, sales, use, corporate and franchise taxes. Applicable years will be tax liabilities due as of 12/31/2014. Penalty and interest will be waived. Participants will not be eligible to participate in any future amnesty…
Florida – An annual tax holiday for veterans was proposed in Florida by Democrat Kionne McGhee (HB 279). This tax holiday would run from Nov 1st to December 31st starting in 2016 and would allow veterans to purchase certain items without requiring sales tax. Items would consist of clothing under $100, Shoes, personal computers under $1,500,…
Arizona– From September 1st through October 31st the state of Arizona is offering statutory amnesty. The taxes included in this amnesty are individual income, corporate income, and transaction privilege (Sales), and use tax. Non program city taxes are not included. All taxes due on an annual basis may request tax recovery any year ending before…
Ohio – Women in Ohio may be paying less for their feminine hygiene products. Democratic representatives have presented new legislation, House Bill 272, which would make these products sales tax-exempt. This bill was introduced June 6, 2015 and as of October 1st it went to the House Ways and Means Committee. “Pads, tampons and other products are not…
Michigan –Michigan gun owners may be receiving a state sales tax exemption on their gun safes and trigger locks making it easier and more appealing for those with fire arms to purchase safety devices in efforts to cut down on accidental gun deaths. The bill has passed 37-0 in the Senate and now moves on…
Arizona – The State of Arizona has extended a significant tax break to Apple, Inc. who recently purchased property in Mesa, Arizona. The tax break would be due to Apple using a minimum of $100 million in renewable energy to power up a new data center planned for the location. There will also be a…
New York – Per nydailynews.com, Uber could mean a better NY subway ride in the future. With yellow taxi rides declining, the fast growth of Uber and other car service apps could fuel the Metropolitan Transportation Authority “MTA” with all the money it needs to close a $2.6 billion gap in its massive five-year repair…
TEXAS: Per Ballotpedia.org, The Texas Sales and Use Tax Revenue for Transportation Amendment, Proposition 7 is on the November 3, 2015 ballot in Texas as a legislatively-referred constitutional amendment. The measure, upon voter approval, would provide additional funding for the State Highway Fund. The amendment would dedicate $2.5 billion of revenue from the sales and…
ARIZONA – A statutory amnesty will begin on September 1, 2015 and end on October 31, 2015. It will cover all taxes administered by the DOR. Applicable years will be tax periods ending before 2014 for annual filers and Feb. 1, 2015 for all others. Penalty and interest will be waved. There is a special…
