TaxConnex

SEPTEMBER 26, 2023

Usually all retail sales of tangible personal property (TPP) are taxable, but many states have started to tax services. Who the customer is and what they’ll use the TPP for can create a sales tax exclusion, too, such as when selling to a church or government agency. Taxability. For TPP, where did possession take place?

Sales 202

Sales Tax South Dakota Colorado 202

TaxConnex

JANUARY 11, 2022

But even a portion of taxable items renders a whole shipment’s shipping cost subject to sales tax in Kentucky, New Mexico, New York and Pennsylvania. Stating the shipping cost separately on the invoice affects its taxability in Alabama, Arizona, Illinois, Iowa, Maryland, Oklahoma, Utah, Virginia and Wyoming.

Rhode Island 181

Rhode Island Sales Tax South Dakota 181

TaxConnex

JUNE 9, 2022

Finally, Colorado enacted a use tax exemption for construction materials used to build and renovate public schools across the state effective July 18 and including the home rule cities of Westminster, Pueblo, Commerce City and Boulder. For gross receipts from the sale of newly taxed services prior to Jan. Additional updates.

Sales 193

Sales Tax Colorado Massachusetts 193

Withum

SEPTEMBER 16, 2022

While cities and counties have their own sales tax rate in many states, most cities and counties follow the taxing rules of their home state. Thus, the state legislature that sets the rules for sales tax for online retailers at the state level is implementing them locally also. Contact Us. Let’s Chat.

Sales 80

Sales Retail Tax South Dakota 80

inDinero Accounting

DECEMBER 5, 2023

However, the IRS rules surrounding this tax break are complicated and go beyond what we’ve covered in this article. If you want to dive deeper into this topic, you can connect with one of the experts on our business tax services team. Table of Contents What is the QSBS Exemption?

tax return 52

tax return Mississippi Wisconsin Tax 52

TaxConnex

JANUARY 24, 2023

When the vendor fails to charge tax on the shipping portion of a charge for a taxable item, the customer is responsible for remitting the use tax to the Commonwealth. Confusion over sale tax never ends – and clearly shipping is a required obligation. Taxability can also depend on how the bill/invoice is presented.

Sales 26

Sales Tax South Carolina Massachusetts 26