State and local tax news brought to you by Zaldivar and Associates
“All we’re doing any differently is updating the software on our cash registers to make sure we’ve got the new sales tax rate right,” said Ben Rosenberg, owner of the Barstow Station travel stop. The success of the general sales Continue reading CALIFORNIA – Barstow Sales Tax Goes Up April 1
The recent passage of the 2018 Farm Bill descheduled industrial hemp and its derivatives. This new law, combined with the pending bipartisan bill, the Strengthening the Tenth Amendment Through Entrusting States (STATES) Act, (which if passed would provide similar legal Continue reading CALIFORNIA – Tax Incentives For Cannabis Companies
Organizations wishing to apply for or retain an exemption from the District of Columbia on income and franchise tax, sales and use tax, or personal property tax are subject to some new filing requirements. Organizations now must re-certify their qualification Continue reading WASHINGTON, D.C – Is Your Organization Tax-Exempt In D.C.? Act Soon To Retain The Exemption.
Back in Lincoln, this week we had the final debate on LB 704. This bill will allow the State of Nebraska to collect sales tax from online internet sales. This really isn’t a new tax because the obligation in the Continue reading NEBRASKA – Internet Sales Tax Bill Levels Playing Field
Communities like Big Sky and Red Lodge could see a temporary resort tax increase for public works projects if a bill moving through the Legislature becomes law. Senate Bill 241 passed its first vote in the Senate 33-to-16 on Monday. Continue reading MONTANA – State Senate Passes Higher Sales Tax For Montana Resort Towns
Gov. Matt Bevin on Tuesday signed into law a measure that that will cost Kentucky’s $11 billion General Fund an estimated $106.6 million a year once fully implemented. House Bill 354 contains changes to parts of the tax code that Continue reading KENTUCKY – Gov. Bevin Signs Tax Cut Bill That Will Reduce State Revenue By $106 Million A Year
You might not be ready to file taxes if you didn’t check those untaxed purchases you made last year – such as items purchased over the Internet. According to the Idaho State Tax Commission, when you purchase items on the Continue reading IDAHO – Check Use Tax On Internet Purchases Before Filing Taxes
According to the Texas Comptroller’s Office, sales tax revenue has declined five times over the last 10 years. The office also notes that sales tax is more volatile than property taxes — between 1997 and 2017, the annual change in Continue reading TEXAS – Top State Leaders Have Agreed To Raise Sales Tax To Decrease Property Taxes
Texas voters told candidates they want property tax relief, and it’s remarkably expensive. That’s why state lawmakers are talking about higher sales taxes. In the rush of legislation filed before last week’s deadline, you wouldn’t be the only person who Continue reading TEXAS – Asking Texas Voters To Swap Higher Sales Taxes For Property Tax Cuts
A U.S. Supreme Court decision last year allows states to collect sales taxes from online retailers, even if they don’t have a physical presence in the state. Now, Illinois cities and counties want in on that action, too. “We just Continue reading IllINOIS – Cities Want In On Tax Revenue From Online Sales