article thumbnail

What's new in May for state sales and use taxes

TaxConnex

Early discussions bandied property taxes and temporary hikes in sales tax (Alaska doesn’t have a state-wide one). States’ sales taxes account for almost 30% of state tax revenue, but most sales taxes are imposed on narrow and still-narrowing bases, according to a new report from the Tax Foundation. Then the $6.2 Time for a renovation?

Sales 192
article thumbnail

Treasury Dept. Issues Report Card on Programs for Entrepreneurs and Small Businesses

CPA Practice

The interim report highlights four small businesses leveraging SSBCI funding, including a consultancy supporting the Latino community in Pennsylvania, a woman-owned telehealth startup in Maryland, and a Tribal LLC in Alaska.

Kansas 98