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What's New in State Sales and Use Taxes

TaxConnex

In the trendiest sales tax news (aside, of course, from Florida finally passing economic nexus legislation), Connecticut lawmakers have proposed a digital advertising services tax similar, experts say, to one recently enacted in Maryland. Observers say the Maryland refinements are expected to become law without the governor’s signature.

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

TaxConnex

on construction and building materials. Maryland will begin exempting items including?baby Maryland has revised Business Tax Tip #29 to acknowledge exclusion of certain business purchases of digital products. Free for all. Several states tinkered with their sales tax exemptions this summer. semiconductor projects?on

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Wawa To Construct Drive-Thru-Only Convenience Store In PA

PYMNTS

“Wawa continues to test new store concepts with this latest drive-thru format, providing an opportunity for our customers to still experience and enjoy their favorite Wawa products while remaining inside their vehicle,” said Terri Micklin , Wawa’s director of construction, in a statement. “It

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What’s new in sales tax?

TaxConnex

Maryland is fielding a proposal to reduce the state’s overall sales tax rate but expand the number of products to include such items as streaming services. The bundled transaction included the taxable sale of tangible personal property, as well as non-taxable sale of wireless services.

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States Feel Budget Pinch Amid Darkening Revenue Projections

CPA Practice

Last month, Maryland Comptroller Brooke Lierman called her state’s revenues a “flashing yellow light — a warning,” estimating that revenues will be $478 million less than expected for the current and upcoming fiscal years combined. At the same time, high-income Marylanders are making less in taxable bonuses.

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What's new in state sales and use taxes

TaxConnex

Ohio revised its sales and use tax rule to add certain exempt construction contractor purchases. Kansas retail sales tax collections in May were $240.8 million – $13.8 million, or 6.1%, over the estimate and 5.7% over May 2021 sales tax receipts, the governor said.

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Kimberly Ellison-Taylor, CPA.CITP, CGMA – 2023 Most Powerful Women in Accounting

CPA Practice

The constructive response and execution plan for these questions will drive talent management across the board and revenue. Where are they in the organization and why? One more question– for women in the firm who are not in client facing areas, is there a career track to leadership and a seat at the decision table?