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What’s new in sales tax?

TaxConnex

There’s always something changing in the world of tax, especially sales tax. billion in tax revenue on sales tax holidays that offer breaks on such goods as back-to-school or disaster-preparedness items. The other prevalent argument is that sales tax holidays are a way of giving tax relief.

Sales 147
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New State and Local Taxes – Dec. 2023

CPA Practice

Erie County, New York, exempts energy sources and services New York state sales tax doesn’t apply to retail sales of residential energy sources and services, but local sales tax does apply in many jurisdictions, including Erie County. The prepaid sales tax rate for diesel fuel remains the same at 23.5

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How to File Income Tax Return: Tax Filing Preparation Guide 2022

Snyder

State income taxes. Business income taxes. Local income taxes. Assessment tax return and short tax return. Income tax deadlines. Income tax extension: when is the last day to file income tax? Federal income tax brackets 2021 vs IRS income tax brackets 2022.

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Marketplace facilitators: Your latest Q. and A.

TaxConnex

This is a business or organization that contracts with third-party businesses to sell goods and services on its platform and facilitates retail sales.?Marketplace these sales by listing the products, taking the payments, collecting receipts and in some cases assisting in shipment. This produced a gap in tax collection.

Wisconsin 130
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Is Software as a Service Taxable? 

Anders CPA

Even if a state doesn’t require sales tax on SaaS, the company may still need to file if they pass a certain threshold of sales. How a state may define SaaS could determine if a company is required to file a sales tax return in a particular state, regardless of if SaaS is actually taxable by law within that given state.

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Key State Tax Changes for 2024

CPA Practice

Kansas plans to eliminate its state grocery tax by 2025. For now, Kansas remains one of 13 states that still tax groceries. Tax-free shopping Florida kicked off 2024 with its first-ever January back-to-school sales tax holiday. Floridians can buy many items tax-free for about two weeks, until Jan.

Tax 128
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Lodging Tax Insanity — So Many Ways to Tax Accommodations

CPA Practice

Still, whatever discomfort I experience when booking a room has nothing on what lodging platforms have to endure to comply with the multitude of lodging tax requirements in the United States. We talk a lot about how complicated sales tax compliance is at the Avalara Tax Desk, and it is. unit fee in New York City.

Tax 85