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2024: What’s coming up in sales tax

TaxConnex

For instance, Colorado recently introduced a contentious fee slapped on all retail deliveries in the state where at least one tangible personal property item is subject to sales tax. States expected to do best with sales tax in 2024 are West Virginia, Massachusetts, Kentucky, Iowa and New York.

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What’s new in sales tax?

TaxConnex

Highs and lows: According to The Tax Foundation’s most recent analysis , the five states with the highest average combined state and local sales tax rates are Tennessee (9.548%), Louisiana (9.547%), Arkansas (9.44%), Washington (9.4%) and Alabama (9.24%). more than in August 2022, with online retail seeing a double-digit bump.

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2024 Guide to State Sales Tax Holidays

CPA Practice

If you’re in retail, hang on to your hats and read our sales tax holiday FAQ to learn: What is a sales tax holiday? Retailers otherwise required to collect sales tax on taxable retail sales don’t collect it on sales of qualifying goods during a sales tax holiday. By Gail Cole. Sales tax holidays are all the rage right now.

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2024 State-by-State List of Sales Tax Holidays

CPA Practice

If you’re in retail, hang on to your hats and read our sales tax holiday FAQ to learn: What is a sales tax holiday? Retailers otherwise required to collect sales tax on taxable retail sales don’t collect it on sales of qualifying goods during a sales tax holiday. Sales tax holidays are all the rage right now.

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What Will Drunk Shoppers Buy On St. Patrick’s Day?

PYMNTS

Women buy shoes and clothes (8 percent), cigarettes (5 percent), online gambling credits (4 percent) and entertainment media (3 percent); men skip straight to gambling (9 percent), then move onto cigarettes (8 percent), apparel (6 percent) and electronics (5 percent). road sodas — not counting tip and not including pre-game beverages.