TaxConnex

SEPTEMBER 10, 2024

Why do the states with sales taxes have such a range, from the high combined state and local taxation (pushing 10%) of Louisiana, Tennessee, Arkansas and Washington to the lows of Alaska , Wyoming and Maine. The federal income tax has just seven brackets to cover the whole span of what somebody can make.

Rhode Island 264

Rhode Island Sales Alaska New Hampshire 264

TaxConnex

NOVEMBER 26, 2024

The states are Alabama, Arkansas, Hawaii, Idaho, Illinois, Kansas, Mississippi, Missouri, South Dakota, Tennessee and Utah. Most of the food The turkey you cook at home, the seasoned bread cubes and the potatoes and the canned pie filling: Groceries are pretty much the simple part for sales tax and Turkey Day.

Sales 130

Sales South Dakota Tax Mississippi 130

TaxConnex

JUNE 8, 2021

Other Updates: Arkansas: The Revenue Legal Counsel division of the Arkansas Department of Finance and Administration has published a? Additional federal funding may also soon become available to intensify compliance. In short, the recently rosy numbers may only encourage state revenue agencies to increase enforcement. Stay tuned.

Sales 223

Sales Tax Arkansas South Carolina 223

Accounting Today

JULY 11, 2022

(..)

Arkansas 98

Arkansas Education Account accountant 98

TaxConnex

NOVEMBER 2, 2021

In Arkansas, Arizona, Georgia and other states, these products are simply not considered “food” and are generally taxable. On the flip side, obvious candy coating on a nutrition bar doesn’t matter and the product is still considered a tax-exempt dietary supplement in Florida. Sometimes the label doesn’t matter at all.

Sales 246

Sales West Virginia Tax Vermont 246

CPA Practice

SEPTEMBER 10, 2024

Garland & Greenwood partners John Brock, Jake Froemsdorf, Rocky Goodman, and Greg Schichtl, along with 36 staff members, will join Landmark CPAs, expanding the accounting firm’s headcount to more than 200 professionals across eight locations in Arkansas and Arizona. There will be no disruption in service to clients, the firm added.

Arkansas 52

Arkansas cpas Arizona CPA 52

TaxConnex

JUNE 30, 2022

Currently, states with an economic nexus threshold that don’t include gross sales include Alabama, Arkansas, Colorado, Minnesota (though there are special rules concerning “solicitors” in the state) and Oklahoma. In addition, most states determine their threshold numbers by gross sales from all revenue sources, whether they’re taxable or not.

Sales 246

Sales Oklahoma Arkansas Alabama 246

TaxConnex

JUNE 14, 2022

Currently, states with an economic nexus threshold that don’t include gross sales include Alabama, Arkansas, Colorado, Minnesota (though there are special rules concerning “solicitors” in the state) and Oklahoma. In addition, most states determine their threshold numbers by gross sales from all revenue sources, whether they’re taxable or not.

Sales 246

Sales Oklahoma Arkansas Alabama 246

CPA Practice

NOVEMBER 8, 2024

Hogan Taylor is one of the largest business advisory and public accounting firms in Oklahoma and Arkansas with offices in Tulsa, Oklahoma City, Fayetteville and Little Rock. Equify Advisors, a NetSuite Alliance Partner, is dedicated to unlocking enterprise value across the industries they serve.

Oklahoma 111

Oklahoma NetSuite Arkansas Technology 111

PYMNTS

SEPTEMBER 18, 2017

While Amazon is auditioning potential host cities in something that has turned into commercial real estate’s version of “The Bachelor,” Walmart has more quietly announced news that its new headquarters will stick with the firm’s historical home of Bentonville, Arkansas.

Arkansas 48

Arkansas audit Retail 48

TaxConnex

MARCH 22, 2022

Arkansas allows up to $1,000 a month. in some states either?monthly,?quarterly?or or annually. Some states are also more generous than others with their caps: Alabama caps discounts at $400 a month, New York at $200 a quarter. Arizona allows up to $10,000 per year. Kentucky’s cap is just $50 per month, South Dakota’s just $70.

Sales 246

Sales Utah South Carolina Tax 246

TaxConnex

MARCH 6, 2025

States that still tax groceries at either full or reduced rates include Alabama, Arkansas, Hawaii, Idaho, Illinois, Kansas, Mississippi, Missouri, South Dakota, Tennessee and Utah. Pre-packaged food such as canned drinks, bottled beverages, packaged snacks, frozen meals and canned products can also be groceries for purposes of sales tax.

Sales 130

Sales Tax South Dakota Mississippi 130

Accounting Today

APRIL 15, 2025

The IRS is pushing back filing and payment deadlines statewide for those impacted by local storms, tornadoes and flooding.

Arkansas 77

Arkansas Tennessee Tax 77

TaxConnex

MARCH 17, 2022

Arkansas had an almost 20% gain in December, pushing state tax revenue 1.5% Sales tax is also making a difference in bigger tax jurisdictions where, according to the Tax Foundation , sales tax constitutes about a third of all revenue. Texas Comptroller Glenn Hegar said his state’s sales tax revenue totaled $3.23 billion in February, 28.6%

Sales 244

Sales E-commerce West Virginia Kansas 244

TaxConnex

JANUARY 27, 2022

Arkansas, Kansas, Pennsylvania, Tennessee, Texas and Florida were the latest states to report sales tax revenue shattering predictions. Globally, more than nine out of 10 internet users have purchased products online. It’s estimated that within 20 years, 95% of all purchases will be through e-commerce. Local jurisdictions from Geneva, N.Y.,

Sales 242

Sales E-commerce Tax Florida 242

PYMNTS

MARCH 1, 2016

Arkansas is an easily forgotten state in the Deep South. Landlocked and geographically smaller than some of its surrounding states, Arkansas tends to be better defined by the political personalities it produces. Which is not entirely unfair — Arkansas has produced some very interesting politicians. By The Store Front Numbers .

Arkansas 40

Arkansas Manufacturing Retail 40

TaxConnex

MARCH 21, 2024

The Foundation found that the five states with the highest average combined state and local sales tax rates are Louisiana (9.56%), Tennessee (9.55%), Arkansas (9.45%), Washington (9.38%) and Alabama (9.29%).

South Carolina 264

South Carolina Sales Tax Alabama 264

PYMNTS

JUNE 15, 2020

Whether cashiers go the way of the horse and buggy could hinge on an experiment Walmart is running in Arkansas. The Arkansas experiment comes as Walmart embarks on a major overhaul on how it interacts with its customers in the wake of the COVID-19 pandemic. according to local news reports.

Arkansas 112

Arkansas Sales Retail 112

TaxConnex

NOVEMBER 1, 2022

Let’s say a supplier/distributor in Arkansas sells to a retailer in South Carolina and drop ships to the retailer’s customer in Illinois. The Arkansas supplier/distributor has nexus in Illinois and is registered for sales and use tax purposes in Illinois.

Sales 130

Sales South Dakota South Carolina Illinois 130

TaxConnex

FEBRUARY 8, 2022

Arkansas had an almost 20% gain in December, pushing state tax revenue 1.5% This strong rural growth is likely due to Tennessee becoming one of the last states to tax sales made through a marketplace with the state’s “Marketplace Facilitator Bill” in March 2020. beyond budget estimates; Georgia’s sales and use tax collections totaled $1.37

Sales 245

Sales Tennessee Tax Massachusetts 245

Canopy Accounting

FEBRUARY 12, 2025

LSM), a trusted accounting firm based in Little Rock, Arkansas, has served clients since its inception in the 1980s. Profile Little, Shaneyfelt, Marshall, & Co. In 2022, Aaron Shaneyfelt and his colleagues took ownership from his father, ushering in a new era for the firm.

Arkansas 52

Arkansas accounting firms Account accountant 52

TaxConnex

SEPTEMBER 5, 2024

Arkansas: Exempt only if the buyer is billed separately by a third-party carrier. Arizona: Gross receipts from services rendered in addition to selling TPP at retail are subject to tax unless the charge for service is shown separately on the sales invoice and records. Handling and S&H combined generally subject to sales tax.

Sales 264

Sales Tax Rhode Island Kansas 264

Withum

MARCH 24, 2021

(..)

Arkansas 52

Arkansas Tax 52

PYMNTS

AUGUST 7, 2020

In Arkansas, a project manager employed by a major retailer has pleaded guilty to bank fraud charges for filing fraudulent bank loan applications seeking more than $8 million in PPP loans. Benjamin Hayford, 32, of Centerton, Arkansas, is scheduled to be sentenced on Nov.

Georgia 110

Georgia Arkansas Florida Ohio 110

TaxConnex

MAY 14, 2024

The platform currently calculates, collects and remits state sales tax on shipments to (in the order in which they began): Washington, Pennsylvania, Oklahoma, Minnesota, Iowa, Connecticut, South Carolina, South Dakota, New Jersey, the District of Columbia, New York, Idaho, Nebraska, Alabama, Arkansas, Kentucky, California, Maine, Massachusetts, North (..)

Sales 203

Sales South Carolina Rhode Island Tax 203

TaxConnex

JANUARY 26, 2023

State updates Arkansas determined that a business operator was properly assessed state compensating use tax on certain out-of-state purchases where the vendors didn’t charge the applicable sales taxes.

Sales 130

Sales Tax Arkansas Missouri 130

TaxConnex

MAY 23, 2023

Diapers and groceries are taxed in Hawaii, Idaho, Utah, Kansas, Missouri, Oklahoma, Arkansas, Tennessee and Alabama, Mississippi and South Dakota. Playing dress-up Clothing is taxable in most states and the District of Columbia. But rules differ like a bewildering array of wardrobe choices.

South Carolina 130

South Carolina Sales South Dakota Montana 130

TaxConnex

SEPTEMBER 26, 2024

You should also check that the certificate is still valid.

Rhode Island 130

Rhode Island West Virginia South Dakota North Dakota 130

PYMNTS

DECEMBER 16, 2020

In addition to Texas, states involved in the suit include Arkansas, Idaho, Indiana, Kentucky, Mississippi, Missouri, North Dakota, South Dakota and Utah, WSJ reported. “This internet Goliath used its power to manipulate the market, destroy competition, and harm YOU, the consumer,” Paxton's office said in a tweet Wednesday (Dec.

South Dakota 118

South Dakota North Dakota Mississippi Idaho 118

TaxConnex

JANUARY 17, 2023

A mixed package incurs sales tax on the portion of shipping equal to that portion of the package that is taxable goods: This occurs in Arkansas, Minnesota, Nebraska, New York, North Carolina and Rhode Island.

Rhode Island 130

Rhode Island Sales West Virginia Alaska 130

CPA Practice

OCTOBER 3, 2024

Tipping culture was far less intense in California, Utah, Arkansas, Connecticut and Kansas, according to the Upgraded Points report. Vermont was the most impacted by “tipflation,” with 71% of residents saying they tip regularly across business categories included in the study, results show.

North Dakota 111

North Dakota Montana Vermont Wyoming 111

TaxConnex

AUGUST 2, 2022

5-14); Arkansas (Aug. Back-to-school remains the predominant theme of sales tax holidays in many states in August, including Iowa (Aug. 5-6) and Missouri, New Mexico, Ohio, Oklahoma, South Carolina, Texas and Virginia (all Aug. Other states with back-to-school holidays include West Virginia (Aug. 5-8); Illinois (Aug. 6-7); Maryland (Aug.

Sales 130

Sales West Virginia South Carolina Virginia 130

Going Concern

SEPTEMBER 27, 2023

Run, don’t walk to NASBA’s site now. pic.twitter.com/Zn8LrdEVxr — Jack Castonguay, PhD, CPA (@profjackc) September 25, 2023 If you are sitting for the exam in Arizona or Texas, sorry but your window to apply for BEC as a first-time taker is already closed.

CPA 122

CPA Rhode Island West Virginia South Dakota 122

PYMNTS

DECEMBER 17, 2020

In addition to Texas, states involved in the Paxton suit include other Republican attorneys general from Arkansas, Idaho, Indiana, Kentucky, Mississippi, Missouri, North Dakota, South Dakota and Utah. Over the last year, both the U.S.

South Dakota 101

South Dakota North Dakota Rhode Island West Virginia 101

CPA Practice

JUNE 29, 2023

The new IRS mailing will go to many California residents and taxpayers in designated disaster areas in other states, including Alabama, Arkansas, Florida, Georgia, Indiana, Mississippi, and Tennessee.

income tax 111

income tax Mississippi tax return Arkansas 111

CPA Practice

JULY 24, 2023

Arkansas, Mississippi, Oklahoma, Pennsylvania, Ohio, Massachusetts and Maryland also posted fresh record-low readings. The unemployment rates in 25 states are currently at or within 0.1 percentage point of a record low, Bureau of Labor Statistics data showed Friday.

South Dakota 98

South Dakota New Hampshire Mississippi Idaho 98

TaxConnex

JULY 13, 2023

Arkansas, Aug. West Virginia , Aug. 4-7: Certain clothing up to $125. Certain laptop and tablet computers up to $500. Certain school instruction material up to $20. Certain school supplies up to $50. Certain sports equipment up to $150. All retailers are required to participate. Texas, Aug.

Sales 130

Sales West Virginia South Carolina Tax 130