article thumbnail

Sales tax and the Navajo Nation

TaxConnex

Others have their distinct sales tax but blend tax law with areas around them: The Cherokee Nation, for instance, has a sales tax on any business enterprise which is located on tribal lands but exempts sales to Oklahoma public schools. The Navajo Nation has a sales tax of 6% for all retail sales within The Navajo Nation.

Sales 213
article thumbnail

How to register for states’ sales tax

TaxConnex

And note that many software and service providers who claim to manage sales tax for you don’t help with registrations, except for an extra cost. States can help with registration FAQs (Oklahoma has a video ). After registering, allow about 15 days for states to mail you the state’s registration number and reporting information.

Sales 264
Insiders

Sign Up for our Newsletter

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

article thumbnail

Oklahoma Taxpayers Get Extended Deadline Due to Storms

CPA Practice

The Internal Revenue Service is providing a tax relief extension for individuals and businesses in Oklahoma that were affected by severe storms, straight-line winds, tornadoes, and flooding that began on May 19, 2024. 1, 2024, to file various federal individual and business tax returns and make tax payments.

article thumbnail

Oklahoma Man Pleads Guilty to Employment Tax Scheme

CPA Practice

An Oklahoma man pleaded guilty yesterday to willfully failing to pay employment taxes withheld from his employees’ wages. in Adair, Oklahoma. White filed a Form 941 for the first quarter of 2016, but intentionally did not pay over approximately $31,010 in taxes withheld from employees’ paychecks. Attorney Clinton J.

article thumbnail

ERC IRS Audit Representation: Your Comprehensive FAQ Guide

MyIRSRelief

During an ERC audit, the IRS reviews the business’s records, including payroll records, tax returns, and supporting documentation related to ERC claims. Certain factors, such as high claim amounts or inconsistencies in reported data, may trigger an audit. ERC IRS Audit Process 2.1 What Happens During an ERC Audit?

audit 130
article thumbnail

$1.5 Billion in Unclaimed Tax Refunds from 2019 Set to Expire in July 2023, Says IRS

CPA Practice

million people across the nation (state-by-state list below) have unclaimed refunds for tax year 2019 but face a July 17 deadline to submit their tax return. billion in refunds remain unclaimed because people haven’t filed their 2019 tax returns yet. Need to file a 2019 tax return?

article thumbnail

Third Estimated Tax Payment Due Sept. 16, IRS Says

CPA Practice

As a general rule, taxpayers should make estimated tax payments if they expect: To owe at least $1,000 in taxes for 2024 after subtracting their withholding and tax credits. Late and skipped estimated tax payments can incur penalties even if a refund is due when a tax return is filed.