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What's new in state sales and use taxes

TaxConnex

The bill also extends the sunset date of the sales tax exemption for the purchase of high-technology data center equipment to Dec. Illinois requires retailers to notify customers of the suspension of the state 1% rate of sales and use tax on retail sales of groceries, effective July 1 through June 30, 2023. Indiana modified?

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Can an eCommerce platform alone manage sales tax?

TaxConnex

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. Yet again, this can vary.

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Sales Tax on Shipping: When Does it Apply?

TaxConnex

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.

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Professionals on the Move: Feb. 2024

CPA Practice

Adams received her Bachelors and Masters in Accounting from Northern Illinois University. Maxwell Kubas , Tax Manager, has approximately 5 years of experience in public and private accounting, and has provided tax and consulting services to a variety of companies, ranging from family-owned businesses to Fortune 100 organizationsMr.

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$700,000+ Overclaim by Alliantgroup Client Shows Value of §179D Expertise

Going Concern

Edwards Engineering engaged Alliantgroup to conduct an Energy Efficient Commercial Building Tax Deduction Study for the work it performed in 2012 and 2013 on a Hines VA Medical Center in Illinois. Edwards Engineering then claimed a deduction of $1,037,237 under §179D for the 2013 tax year.

Tax 101
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Professionals on the Move: Feb. 2024

CPA Practice

Adams received her Bachelors and Masters in Accounting from Northern Illinois University. Maxwell Kubas , Tax Manager, has approximately 5 years of experience in public and private accounting, and has provided tax and consulting services to a variety of companies, ranging from family-owned businesses to Fortune 100 organizationsMr.

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Congrats to Xero’s 2022 NABA Scholarship recipient

Xero

I am originally from Naperville, Illinois and I’m currently a senior studying accounting and business analytics at the Tippie College of Business at the University of Iowa. This summer, I am working at Deloitte as a Business Tax Services Intern in their Chicago office. Tell us a bit about yourself.

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