Back-to-school shopping can be expensive, but many states offer relief through tax-free weekends. This year, 17 states provide a tax break on school-related items like clothing, shoes, electronics, and supplies. Here’s a list of the states participating in these sales-tax holidays: Alabama Arkansas Connecticut Florida Iowa Maryland Massachusetts Mississippi Missouri New Mexico Ohio Oklahoma South…
MULTISTATE – The Tax Foundation has released its 2019 State Business Tax Climate Index. This Tax Climate Index is made up of 5 major components. Individual Taxes Corporate Taxes Sales Taxes Property Taxes Unemployment Insurance Taxes In this blog, we’re discussing how states rank on sales taxes. 25.3% of each state’s overall score is determined…
Multistate – The Multistate Tax Commission and the National Nexus Program is offering a special limited-time voluntary disclosure initiative, in which the following states are participating: Alabama Arkansas Colorado Connecticut Florida Idaho Iowa Kansas Kentucky Louisiana Nebraska New Jersey Oklahoma South Dakota Texas Utah Vermont Wisconsin The states listed above will consider applications for voluntary…
NATIONWIDE – According to the National Retail Federation, Back To School is a $72 billion industry. On average, a family spends $637.78 on apparel, shoes, supplies and electronics to get ready for the school year. Sales have started popping up and so have the dates for the Back to School Sales Tax Holidays. Alaska, Delaware,…
OKLAHOMA – From September 14, 2015 through November 13, 2015, a statutory amnesty is taking place in Oklahoma. The taxes covered under this amnesty are gasoline and diesel taxes, gross production and petroleum excise taxes, corporate income tax, bank “in-lieu” taxes, individual income tax, withholding taxes, sales and use taxes, and mixed beverage taxes. Applicable…
OKLAHOMA – Starting on September 14, 2015 through November 13, 2015, a statutory amnesty will take place. The taxes covered under this amnesty will be gasoline and diesel taxes, gross production and petroleum excise taxes, corporate income tax, bank “in-lieu” taxes, individual income tax, withholding taxes, sales and use taxes, and mixed beverage taxes. Applicable…
OKLAHOMA – The state’s annual sales tax holiday will take place August 2 – 4, 2013. Qualifying items can be purchased free of sales tax. These items have to cost less than $100 each. If it’s greater than $100, items will be taxable. Here is a list of some of the items that the Oklahoma…
TULSA, OK – Tulsa residents can apply for a $25 rebate for sales tax from 2008 Fix Our Street package if they qualify. Application must be submitted by April 15, 2013 to the City of Tulsa. Eligible citizens need to be of age 65 or older in 2012. Citizens may also apply if eligible by…
TULSA, OK – Tulsa residents can apply for a $25 rebate for sales tax from 2008 Fix Our Street package if they qualify. Application must be submitted by April 15, 2013 to the City of Tulsa. Eligible citizens need to be of age 65 or older in 2012. Citizens may also apply if eligible by…
Senate Bill 1984 took effect November 1, 2012 and will give the state Tax Commission the authority to shut down businesses out of compliance with paying state sales taxes. A business is considered noncompliant if for three months during a 24-month period the fail to report or remit sales taxes. Paula Ross, Oklahoma Tax Commission,…
