Virginia – Second Quarter Interest Rates

Salt Report 3595 – According to a tax bulletin posted on March, 17th 2015, Virginia’s interest rates will remain the same for the second quarter of 2015. Pursuant to Virginia Code Section 58.1-15 the interest rate for both assessments and Continue reading Virginia – Second Quarter Interest Rates

California – What You Should Know if You are Behind on Your Taxes

SALT Report 3108 – The California State Board of Equalization released a publication that explains a taxpayer’s rights and your responsibilities when they have a balance due for unpaid taxes, fees, assessments, interest, or penalties. If a taxpayer receives a Continue reading California – What You Should Know if You are Behind on Your Taxes

Florida – Proposed Amendments to Sales and Use Tax Rules

SALT Report 2993 – The Florida Department of Revenue is proposing to make amendments to several sales and use tax rules.  The Department will hold a public meeting with the Governor and Cabinet on September 24, 2013 to discuss the Continue reading Florida – Proposed Amendments to Sales and Use Tax Rules

California – BOE to Address Rates and Regulations at Next Meeting

SALT Report 2969 – The California State Board of Equalization said they are considering amendments to the sales tax exemption threshold for bulk sales of gold; an adjustment to certain tax and fee rates; and whether to adopt several regulations.  Continue reading California – BOE to Address Rates and Regulations at Next Meeting

New Mexico – Publication Addresses Differences in Reported Tax Amounts

SALT Report 2846 – The New Mexico Taxation and Revenue Department updated a publication that describes what happens when a taxpayer reports or pays tax in an amount that is different from the amount that the Department calculates is due. Continue reading New Mexico – Publication Addresses Differences in Reported Tax Amounts

New York – Interest Rates for Overpayments and Underpayments

SALT Report 2842 – The New York Department of Taxation released an updated list of the interest rates that will apply to overpayments and underpayments of certain taxes administered by the Department. The rates are effective for the period of Continue reading New York – Interest Rates for Overpayments and Underpayments

Wisconsin – Revised Tax Publications

SALT Report 2763 – The Wisconsin Department of Revenue has revised three general tax publications regarding field audit procedures and taxpayers’ appeal rights. Field Audit of Wisconsin Tax Returns This publication discusses the rights and responsibilities of both the taxpayer Continue reading Wisconsin – Revised Tax Publications