Texas – Sales tax revenue was up 11.8 percent in September compared to a year ago. In a release Combs said, “Texas sales tax collection have now increased for 18 straight months. All sectors showed increases in September, led by business spending, especially in the oil and gas-related sectors. Consumer sectors like restaurants a retail…
Per The Tax Foundation, as of July 1, 2011 the top 10 states with highest combined sales tax rates are: 1. Tennessee 2. Arizona 3. Louisiana 4. Washington 5. Oklahoma 6. Alabama 7. Arkansas 8. New York 9. Illinois 10. Kansas Sales tax rates vary across states, but factor in local rates and the variation…
Texas – Certain tax payers will be assessed a $50 penalty for filing a report late, beginning with reports due on or after Oct. 1. Regardless of whether you subsequently file the report or whether any taxes or fees were due from the taxpayer for the penalty covered by the late filed report, penalty will…
