Texas– Effective September 1, 2017, Senate Bill 1095 amends Texas Tax Code Sections 111.009 and 111.105. The amendment will allow the filing deadline for a petition for redetermination of taxes from the Comptroller of Public Accounts from “30 days after the date that the service of notice of redetermination is completed” to “before the expiration…
Texas – Most businesses have websites or apps that can be used on your phone, which usually has options to purchase online, to contact the company to ask questions, or just to send messages. For the message to get to the service provider, it is uploaded to a cloud-based software. Effective May 30, 2017, these…
TEXAS – The Governor of Texas, by way of proclamation, has exempted evacuees and relief workers from state and local hotel taxes. Existing tax exemptions will become effective as the Governor designates areas of the state to be natural disaster areas. The Governor’s website will have specific information related to each declared natural disaster. Some…
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…
Texas – Effective January 1, 2018, Senate Bill 1083 amends tax code to exempt from sales and use tax insurance services performed by certified public accounting firms if services are less than 1% of the firm’s previous year’s total revenue. Additionally, insurances services are exempt if a service is performed on behalf of a certified…
Texas – Effective September 1, 2017, House Bill 4054 will amend the tax code to grant exemptions on certain bakery items. This Bill will clarify the taxability of bakery items which has caused taxpayers much confusion in the application of the law. The law was revised to exempt bakery items regardless of whether the item…
It has started to get darker later and temperatures are heating up! Yay love this time of the year. Change in season means time to reorganize and declutter your closets. That means there will be some old clothes you no longer want and some clothes that may not fit anymore. Wouldn’t it be great to…
Looking for ways to change your community & inspire others around you? That dress from three seasons ago. Those shoes you have never worn. Join Davis & Davis and our partners GS Wealth Management and Palter Stokely Sims, PLLCs and participate in rebuilding our community by helping to bolster families and neighborhoods struck by adversity….
Davis & Davis LLC is hosting their 7th annual Suit Drive benefiting Metrocrest Services from May 1st to May 31st. We are pleased to add two new drop off location partners- GS Wealth Management and Palter Stokely Sims, PLLC. Drop-off your gently used business suits, ties, separates, shoes, purses, and other accessories at our office and we…
Davis & Davis is thrilled to be a Silver Sponsor for Convergence 2017. Convergence 2017 is the annual premier educational event for the North Texas Financial Community hosted by the Dallas CPA Society. It will be held on Friday, May 12, 2017, at the InterContinental Dallas Hotel. Registered attendees will receive 8 hours of CPE…
