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Services: Taxable or not?

TaxConnex

Figuring out sales tax obligations for goods (aka, tangible personal property, or TPP) is the less-hard part; you merely have to bear in mind that every state that taxes TPP does it a little differently. Services, on the other hand, are the hard calculation. States also tax services with nuance.

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Dean Dorton and VonLehman to Combine on Jan. 1

CPA Practice

The firm will operate as Dean Dorton and provide accounting, business advisory, and professional services to clients from offices in North Carolina, Indiana, Ohio, and Kentucky. Established in 1946, VonLehman is a full-service CPA and business advisory firm with offices in Kentucky, Ohio, and Indiana.

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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. In Florida, the purchaser must also have the option of picking the item up or arranging for third-party transportation services on its own.

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Court Invalidates IRS Micro-Captive Transactions Notice: Now What?

Withum

Because the District Court that decided the case resides in the Sixth Circuit, the decision applies only to taxpayers in Kentucky, Michigan, Ohio, and Tennessee. Micro-captive insurance transactions are, after all, included in the IRS’s dirty dozen list of tax scams. Business Tax Services. Contact Us. Contact Us.

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

TaxConnex

California manufacturers want the state to halt taxes on the purchase of new equipment, saying those taxes are hobbling the industry as manufacturers aim to modernize production as supply chain issues continue. Proponents say California taxes both the production equipment and the product at some of the highest rates in the country.

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The latest on sales tax on shipping charges (part 2)

TaxConnex

In Kentucky, separately stated shipping charges to deliver taxable products to the customer are exempt from tax when shipped to a point specified by the customer and delivered by the postal service or common carrier – but shipping charges are generally taxable if the actual seller of the product makes the delivery.

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