State and local tax news brought to you by Zaldivar and Associates
SALT Report 1899 – The Illinois Department of Revenue issued a General Information Letter regarding a Taxpayer’s transfer of a motor vehicle to his stepson. Upon transfer of the vehicle the Taxpayer was denied the family use tax exemption provided… Continue reading Illinois – Stepchild Qualifies for the Private Vehicle Use Tax Rate
SALT Report 1898 – The Connecticut Department of Revenue announced that they have ended the registration waiver for out-of-state businesses who were assisting residents following Hurricane Sandy. As previously reported in SALT Report 1863, certain… Continue reading Connecticut – Registration Waiver Ends
SALT Report 1898 – The Colorado Department of Revenue updated their FYI publication regarding the penalties and interest that will be imposed on unpaid sales and use taxes. The publication also discusses the penalties that will be imposed on corpo… Continue reading Colorado – Penalties and Interest for Unpaid Taxes
SALT Report 1897 – Kentucky Governor Steve Beshear issued a reminder that delinquent taxpayers have until November 30 to apply for tax amnesty. The amnesty program began October 1 and allows taxpayers to pay any back taxes to the state without pen… Continue reading Kentucky – Amnesty Deadline Approaching