New Jersey- Crippling Effects of COVID-19: NJ Faces $10B Revenue Shortfall

The Department of the Treasury delivered a budget update to the Legislature Friday, providing a detailed revenue report that illustrates the devastating impact COVID-19 has had on New Jersey’s finances and laying out plans to close the looming gap for Continue reading New Jersey- Crippling Effects of COVID-19: NJ Faces $10B Revenue Shortfall

Wisconsin- Opponents Appeal Circuit Court Ruling Upholding Brown County’s 0.5% Sales Tax

The Brown County Taxpayers Associated has appealed a circuit court ruling that the Brown County’s sales tax complies with state law. Wisconsin Institute for Law & Liberty, based in Milwaukee, filed the appeal Wednesday on behalf of the taxpayers association Continue reading Wisconsin- Opponents Appeal Circuit Court Ruling Upholding Brown County’s 0.5% Sales Tax

Washington- Retailers and Consumers of Feminine Hygiene Products

Effective July 1, 2020, sales and use tax do not apply to sales of feminine hygiene products. Sellers may claim a Feminine Hygiene Products deduction from retail sales tax for qualifying feminine hygiene products. There is no corresponding deduction under Continue reading Washington- Retailers and Consumers of Feminine Hygiene Products

New York- Sales Tax Legislation – the Bane of the Art Market?

It’s another taxing lesson in Sales Tax – Christie’s’ recent $16.7 million settlement to avoid prosecution for sales tax evasion has demonstrated once again that sales tax compliance continues to be the bane of the art market. Since 2003, the Continue reading New York- Sales Tax Legislation – the Bane of the Art Market?

Maine- Governor Provides Municipalities With Increased Flexibility In Setting Due Dates and Interest Rates For Local Property Taxes

Governor Janet Mills recently signed an Executive Order that will provide municipalities with additional options in their administration of local property tax in response to the COVID-19 emergency. The Executive Order allows municipal officers to extend and reestablish property tax Continue reading Maine- Governor Provides Municipalities With Increased Flexibility In Setting Due Dates and Interest Rates For Local Property Taxes

Multi-State- To What Extent Does Your State Rely on Sales Taxes?

Sales taxes are the second largest source of state and local tax revenue, accounting for 23.6 percent of total U.S. state and local tax collections in fiscal year 2017. While 45 states levy a statewide sales tax and 38 allow Continue reading Multi-State- To What Extent Does Your State Rely on Sales Taxes?

Ohio- Loveland Council May ID Sales Tax Hike Option for November Ballot on Tuesday

Loveland’s City Council will have the opportunity on Tuesday to hammer out the details of a sales tax hike that may appear on the ballot this November. While a hike has been discussed previously — in a council budget subcommittee Continue reading Ohio- Loveland Council May ID Sales Tax Hike Option for November Ballot on Tuesday

New York- Lost Revenue and State Aid Cuts Coronavirus Economic Impact on Counties

The COVID-19 pandemic has impacted every aspect of our society, government and the economy like no other event in our lifetimes. In March, the New York State Association of Counties (NYSAC) completed an initial economic analysis of the coronavirus on Continue reading New York- Lost Revenue and State Aid Cuts Coronavirus Economic Impact on Counties

Wyoming – Recent Tax Law for Online Sales a Boon for Laramie

A law approved by the Wyoming Legislature in 2019 expanded the taxability of online sales, explained city staff to the city council. Jordan reported that since the law went into effect in July 2019 and up until the March 2020 Continue reading Wyoming – Recent Tax Law for Online Sales a Boon for Laramie

Tennessee- Sales Tax Data Shows Mixed Results from COVID-19

The most recent sales tax data from the Upper Cumberland start to show the impact COVID-19 has had on Putnam County, but only the City of Cookeville has seen a drop from the previous year. Data from the Department of Continue reading Tennessee- Sales Tax Data Shows Mixed Results from COVID-19