Illinois – Cook County Enacts Use Tax Ordinance for Non-Titled Property

SALT Report 1957 – Cook County passed an ordinance that imposes a 1.25% use tax on non-titled personal property that will be used in the county but was purchased outside of the county. The tax is imposed on the purchaser or user of the non-titled … Continue reading Illinois – Cook County Enacts Use Tax Ordinance for Non-Titled Property

Arizona – Temporary Tax Increase Will Expire in 2013

SALT Report 1956 – The temporary transaction privilege tax approved by Arizona voters in May 2010, will expire after May 31, 2013. The Arizona Department of Revenue will release the new state/county combined tax rates in early 2013. For Further In… Continue reading Arizona – Temporary Tax Increase Will Expire in 2013

Vermont – Interest Rate Increased for Underpayments and Decreased for Overpayments

SALT Report 1955 – The Vermont Department of Taxes released a memo regarding the interest rate that will be applied to underpayments and overpayments of taxes. The interest rate that will be imposed on underpayments will increase from 4.8% annuall… Continue reading Vermont – Interest Rate Increased for Underpayments and Decreased for Overpayments

New York – Changes to the Tax Preparer E-file Mandate

SALT Report 1954 – The New York Department of Taxation and Finance reminds tax preparers that the e-file mandate threshold has changed to include tax preparers who have prepared at least one authorized tax document for more than 10 different taxpa… Continue reading New York – Changes to the Tax Preparer E-file Mandate

Oklahoma – Business Closure Procedures

SALT Report 1953 – The Oklahoma Tax Commission issued a reminder for Taxpayers regarding sales tax delinquencies. As of November 1, 2012 if a Taxpayer files or pays their sales taxes late three times within a 24-month period, the Commission is aut… Continue reading Oklahoma – Business Closure Procedures

California – Finding the Correct District Tax Rate

SALT Report 1952 – The California State Board of Equalization reminds taxpayers that more than one tax rate may apply in certain zip code areas. Therefore, the BOE is warning taxpayers that if they use zip code location software to determine distr… Continue reading California – Finding the Correct District Tax Rate

California – BOE Reminds Taxpayers of Lumber Products Assessment

SALT Report 1951 – The California State Board of Equalization issued a reminder for taxpayers that beginning January 1, 2013, a 1% assessment will be imposed on the purchase of lumber products and engineered wood products for use in California. Re… Continue reading California – BOE Reminds Taxpayers of Lumber Products Assessment