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

TaxConnex

Despite all good intentions of municipal representatives of both parties, replacing the revenue that would be lost with a sales tax exemption on groceries has been plagued with what one city finance director called “choice overload.”. It claimed that these services were exempt as accounting services and as customization of software.

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Restaurant Revitalization Fund – Details

KROST

Construction of outdoor seating. rent, equipment, supplies, inventory, accounting, training, legal, marketing, insurance, licenses, fees). Create an account. Application decision information or request for further documentation will be sent to the email associated with the Applicant account. Apply Directly through SBA.

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States Feel Budget Pinch Amid Darkening Revenue Projections

CPA Practice

Taxes on bonuses and investment income account for almost 20% of the state’s general fund, according to Lierman. Last month, Washington state slashed its two-year revenue projections by $483 million, blaming lower personal income tax collections and slower residential construction. And Colorado projected a $532.2