article thumbnail

Sales tax holidays for the rest of the year

TaxConnex

The situation keeps changing, too: Florida recently expanded its holiday on emergency-preparedness gear; New Jersey recently repealed a couple of theirs. 2-3; Florida (clothing to $100, general supplies up to $50, computers up to $1,500) Aug. 1-31; Missouri (clothing up to $100, general supplies up to $50, among others) Aug.

article thumbnail

What’s new in sales tax?

TaxConnex

Florida has issued guidance on the taxability of holiday decorations. Missouri has issued a letter ruling stating that the state’s manufacturing exemption for sales and use tax does not apply to a company that performs custom machining and laser services for parts and materials.

Sales 162
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Clothing taxation – and major exemptions

TaxConnex

For instance, in Florida (an especially holiday-happy state), Iowa, Texas, Mississippi, Missouri, Oklahoma, Alabama, Connecticut and New Mexico (in 2024) and Tennessee, only clothing costing less than $100 is tax-free. Often, back-to-school clothing sales tax holidays are pegged to prices.

article thumbnail

Special Report: 2025 Readers’ Choice Awards

CPA Practice

million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions.

article thumbnail

Tax Fraud Blotter: Sick excuses

Accounting Today

Bangor, Maine: Paul Archer, a Florida resident formerly of Hampden and Orrington, Maine, has pleaded guilty to attempting to evade federal taxes and engaging in fraudulent transfers and concealment in a bankruptcy proceeding. The tax loss totaled $356,881. Sentencing is Sept.

Tax 85
article thumbnail

Tax Fraud Blotter: Negative waves

Accounting Today

Nixa, Missouri: Tax preparer Tina Louise Yager has pleaded guilty to making false and fictitious claims against the U.S. Orlando, Florida: Medical equipment manufacturer Roger Whitman, 76, has been sentenced today to two months in prison for evading nearly $2.4 Delray Beach, Florida: Financial advisor Stephen T.

Tax 69
article thumbnail

On the move: KPMG elects next Americas chair

Accounting Today

FLORIDA The Florida Institute of CPAs announced its annual Women to Watch Awards on June 12 during its MEGA 2025 event, presenting the Experienced Leader award to Kristen Brand, office managing partner of Baker Tilly in Tampa, and Emerging Leader honor to Alex Welsh, senior manager of service delivery operations at A-LIGN.