TEXAS – The 2012 ENERGY STAR sales tax holiday begins tomorrow Saturday, May 26 and ends Monday, May 28. The products qualifying for the exemption are: • Air conditioners priced at $6,000 or less • Refrigerators priced at $2,000 or less • Ceiling fans • Incandescent and fluorescent light bulbs • Clothes washers* • Dishwashers…

TEXAS – Susan Combs, Texas Comptroller, announced that state sales tax collections hit $2.07 billion in April. Up 10.9 percent from the same month last year. It has been 25 consecutive months that Texas has seen sales tax increases compared to the previous year.

TEXAS – The 2012 ENERGY STAR sales tax holiday begins Saturday, May 26 and ends Monday, May 28. The products qualifying for the exemption are: • Air conditioners priced at $6,000 or less • Refrigerators priced at $2,000 or less • Ceiling fans • Incandescent and fluorescent light bulbs • Clothes washers* • Dishwashers •…

TEXAS – Spring Is In The Air! A few reminders of what is taxable and what is not when selling or purchasing seasonal products and services. Seeds and Bulbs: Seeds for annual and perennial plants are exempt. Exemption certificate is not required to purchase these items tax free. Grass seed is taxable, but a farmer...

Texas – The Comptroller’s six-month grace period for filing alcoholic beverage sales reports by certain alcoholic beverage suppliers ends after the February 2012 report, due March 25. Penalties may be assessed on reports file late. The 82nd Legislature passed House Bill 11 in 2011 requiring brewers, beer manufacturers, distributors, wholesalers, package stores holding local distributor’s…

Texas – When an individual in Texas purchases a gun from out of state, the out-of-state seller must ship the gun to a Texas dealer for transfer to the individual. The Texas dealer will charge the purchaser a transfer fee covering the costs of paperwork and handling. The transfer fee is not taxable because the…

Texas – Labor involved in the repair, remodeling, maintenance or restoration of tangible personal property is not taxable if repair, remodeling, maintence or restoration is required by statute, ordinance, order, ruler or regulation of any commission, agency, court; or political governmental or quasi-governmental entity in order to protect the environment or to conserve energy. Medical…

Texas – State sales tax revenue was up 9.5% compared to January 2011 announced Susan Combs, Texas Comptroller. “Sales tax revenue continues to grow in almost all major economic categories and revenue has now increased for 22 consecutive months. The recent monthly increase was led by the oil and natural gas-related sectors. Restaurant and services…