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Sales tax and accounting services

TaxConnex

As our economy becomes increasingly service-based, this is seemingly changing as states and other tax jurisdictions realize they’re missing a potentially big tax revenue stream. Several states levy their sales tax or its equivalent on services, among them Hawaii (which has a general excise tax, or GET), and New Mexico.

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Last Week in Payroll: Summertime Tax Tips

ThomsonReuters

The New Mexico Taxation and Revenue Department (TRD) has issued an informational publication on the special payment methods required by the largest taxpayers. For the latest in tax, accounting, and payroll news, visit tax.tr.com/blog. Information on special payment methods.

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