California – Taxpayer Was Not Entitled to Reductions in His Liability

A taxpayer in California was not entitled to any reductions in his personal liability because he failed to establish a basis to reduce the car dealership’s unpaid liabilities.  In this matter, the taxpayer argued that the amount of his responsible Continue reading California – Taxpayer Was Not Entitled to Reductions in His Liability

Washington – Washington Department of Revenue Offers Free Business Taxes Webinar on April 30, 2020

April 16, 2020 – Business owners in Washington have many responsibilities, including knowing which taxes they must report. To help reach more businesses statewide, the Washington State Department of Revenue (Revenue) will host a free live webinar for new and small Continue reading Washington – Washington Department of Revenue Offers Free Business Taxes Webinar on April 30, 2020

Washington – Seattle Tax Workshop

Salt Report 3593 – The Washington State Department of Revenue is hosting a free workshop for new and small business owners in Seattle on April 1, 2015. Participants will learn about Washington excise taxes, reporting classifications, deductions, tax incentives, sales Continue reading Washington – Seattle Tax Workshop

Missouri – Tax Cut Bill Veto Override Fails

SALT Report 2989 – The Missouri House of Representatives failed to override Governor Jay Nixon’s veto of House Bill 253. The Bill contained provisions that would have changed the laws regarding the streamlined sales and use tax agreement, the community Continue reading Missouri – Tax Cut Bill Veto Override Fails

New Mexico – Overview of Gross Receipts and Compensating Taxes

SALT Report 2906 – The New Mexico Taxation and Revenue Department released a publication that discusses the gross receipts and compensating taxes. The publication includes a description of gross receipts and compensating taxes; exemptions, deductions and credits available for each type Continue reading New Mexico – Overview of Gross Receipts and Compensating Taxes

Louisiana – Vendor’s Compensation and Sales Tax Return Changes

SALT Report 2863 – The Louisiana Department of Revenue issued a reminder that effective July 1, 2013, the vendor’s compensation rate has been reduced to .935%.  The new rate should be claimed on the July sales tax return, which is Continue reading Louisiana – Vendor’s Compensation and Sales Tax Return Changes

New Mexico – Expanded Deductions for Sales to Manufacturers

SALT Report 2845 – The New Mexico Taxation and Revenue Department updated its guidance regarding the expanded deductions available for sales of tangible personal property to manufacturers.  Specifically noted was that section 7-9-46 NMSA 1978 was amended to include “tangible Continue reading New Mexico – Expanded Deductions for Sales to Manufacturers

Louisiana – Changes to the State Sales Tax Return

SALT Report 2796 – The Louisiana Department of Revenue announced that they have made three changes to the state Sales Tax Return, Form R-1029.  The changes will be effective with the July return, which is due August 20, 2013. 1) Continue reading Louisiana – Changes to the State Sales Tax Return

Hawaii – Temporary Suspension of Exemptions Repealed

SALT Report 2590 – The Hawaii Department of Taxation issued guidance regarding Act 105, Laws 2011 which suspended several general excise exemptions, use tax exemptions, and deductions. Effective June 30, 2013, the provisions in Act 105 are repealed and on Continue reading Hawaii – Temporary Suspension of Exemptions Repealed