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

Multi State – IRS Deposits First Stimulus Checks Into Americans’ Bank Accounts

The first of the Economic Impact Payments promised to American taxpayers were direct deposited on Saturday, the IRS announced. The agency promised more payments would come “very soon. #IRS deposited the first Economic Impact Payments into taxpayers’ bank accounts today. Continue reading Multi State – IRS Deposits First Stimulus Checks Into Americans’ Bank Accounts

California – City To Use Coronavirus Relief Funds to Offset Pandemic-Related Tax Revenue Deficit

The city of San Diego will use federal and state COVID-19 relief funds to offset major budget cuts proposed last month to manage pandemic-related revenue shortfalls, San Diego Mayor Kevin Faulconer announced Tuesday. The city faces a budget deficit exceeding Continue reading California – City To Use Coronavirus Relief Funds to Offset Pandemic-Related Tax Revenue Deficit

Wyoming – Recent tax law for online sales a boon for Laramie

Online sales are popular in Laramie. That’s what the most recent Albany County sales and use tax collection totals told Laramie city staff. During last week’s budget work session for the 2021 fiscal year the city manager Janine Jordan said 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

Multi-State- States See Surge in Tax Collections From Online Sellers

Sales and use tax collections from e-commerce transactions have become the one silver lining running through the coronavirus cloud darkening state revenue coffers. The evidence is still anecdotal, but sources watching state revenue numbers told Bloomberg Tax collections from online Continue reading Multi-State- States See Surge in Tax Collections From Online Sellers

Kansas- Marketplace Facilitator, Nexus Amendments H.B. 2657

AN ACT concerning taxation; relating to sales and compensating use taxes; requiring collection and remittance by marketplace facilitators; nexus; amending K.S.A. 79-3702 and repealing the existing section. H.B. 2537 proposes a remote sales threshold of $100,000 in 2020, but it’s Continue reading Kansas- Marketplace Facilitator, Nexus Amendments H.B. 2657

New York- NYS Comptroller: Loss in Sales Tax Revenue Will Create More Economic Woes for Local Governments

The Capital Region has lost the most sales tax revenue in the state for the month of April compared to sales tax collection in April 2019. It amounts to nearly $18 million dollars in lost revenue for the region based Continue reading New York- NYS Comptroller: Loss in Sales Tax Revenue Will Create More Economic Woes for Local Governments