Colorado – Responding to Sales Tax Non-Filer Notification

SALT Report 2922 – The Colorado Department of Revenue issued guidance regarding the procedures a taxpayer should follow if they receive a sales tax non-filer notification.  The Department states that anyone with a Colorado sales tax account is required to Continue reading Colorado – Responding to Sales Tax Non-Filer Notification

MultiState – Tax Foundation Ranks Sales Tax Rates by State

SALT Report 2921 – The Tax Foundation released its midyear report, which compiles and ranks the sales and use tax rates for every state based on population-weighted averages. The publication provides an overview of state tax ranks as well as Continue reading MultiState – Tax Foundation Ranks Sales Tax Rates by State

Illinois – Aircraft and Watercraft Rolling Stock Exemption Enacted

SALT Report 2920 – The Illinois General Assembly passed a Bill that creates a rolling stock exemption for aircraft and watercraft that will be used as rolling stock.  In addition, the Bill makes amendments to the existing rolling stock exemption Continue reading Illinois – Aircraft and Watercraft Rolling Stock Exemption Enacted

New York – Sales Tax Web File Mandatory Reporting Requirements

SALT Report 2919 – The New York Department of Taxation and Finance issued guidance regarding the mandatory credit reporting by jurisdiction.  Effective December 20, 2013, the Department’s Sales Tax Web File service will require vendors to report their credit information Continue reading New York – Sales Tax Web File Mandatory Reporting Requirements

California – Proposed Changes to CAEATFA Program and Exemptions

SALT Report 2918 – The California Assembly introduced legislation that amends certain provisions related to the California Alternative Energy and Advanced Transportation Financing Authority program.  The CAEATFA program provides financing for qualified businesses to develop and commercialize advanced transportation and Continue reading California – Proposed Changes to CAEATFA Program and Exemptions

California – Tax Relief for Businesses Affected by Tuolumne County Fires

SALT Report 2917 – The California State Board of Equalization is offering tax relief to businesses that have been impacted by the Rim Fire in Tuolumne County.  Affected businesses can request an extension of time to file their return as Continue reading California – Tax Relief for Businesses Affected by Tuolumne County Fires

California – Technical Amendments to Offers in Compromise

SALT Report 2916 – The California State Legislature enacted legislation that allows the State Board of Equalization to compromise a final tax liability if certain requirements are met.  Specifically, Senate Bill 824 amends the BOE’s offers in compromise statutes to Continue reading California – Technical Amendments to Offers in Compromise