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

Tennessee: Governor Signs Marketplace Facilitators Sales Tax Law, Effective October 1, 2020

A new Marketplace Facilitators Sales Tax bill was signed by Governor Bill Lee on April 1, 2020, and will go into effect on October 1, 2020. The new bill, Public Chapter 646, requires marketplace facilitators that make or facilitate more Continue reading Tennessee: Governor Signs Marketplace Facilitators Sales Tax Law, Effective October 1, 2020

MULTI STATE – 10 States With the Highest Sales Taxes

Before you embark on a shopping spree in any of the 10 worst states for sales taxes, make extra room in your budget. Tennessee, for example, is in a tie for the highest sales tax in the country, at 9.47%, once Continue reading MULTI STATE – 10 States With the Highest Sales Taxes

Tennessee – New Taxes On Internet Sales Shouldn’t Replace Shopping Local, Johnson City Leaders Say

JOHNSON CITY, Tenn. (WJHL) – For Johnson City Mayor Jenny Brock, the vacant Toys R Us building on North Roan Street is a harsh reminder of the changing retail environment. “I look at Toys R Us as kind of the Continue reading Tennessee – New Taxes On Internet Sales Shouldn’t Replace Shopping Local, Johnson City Leaders Say

Multistate – TN and VA sales tax holiday weekends are around the corner

Shoppers can start mapping out their sprees, because Tennessee’s and Virginia’s once-a-year sales tax holiday weekends are around the corner. According to a release from the Tennessee Department of Revenue, from July 26 – July 28 shoppers can save almost Continue reading Multistate – TN and VA sales tax holiday weekends are around the corner

Mulitstate – Arkansas ties for No. 1 in sales-tax ranking; rounding takes total levies to 9.47%

A consumer buying items around Tennessee and Arkansas won’t notice much difference in the overall sales taxes paid. Thanks to rounding, Arkansas and Tennessee have the highest combined state and local sales-tax rates among the 50 states, according to the Continue reading Mulitstate – Arkansas ties for No. 1 in sales-tax ranking; rounding takes total levies to 9.47%

Tennessee – What You Need To Know About Tax Free Weekend In Tennessee

If you’re a fan of saving money — and who isn’t? — mark your calendar for Tennessee’s tax free weekend, July 26-28. During the annual sales tax holiday, items like clothing, school supplies and some tech are sold tax-free, with some Continue reading Tennessee – What You Need To Know About Tax Free Weekend In Tennessee

Tennessee – City To Pay $14K Following Sales Tax audit

The city of Crossville owes an additional $14,645.45 to the Tennessee Department of Revenue after a sales tax audit found the city hadn’t collected enough in taxes for sprinkler heads and did not require exemption forms for industrial manufacturing sales Continue reading Tennessee – City To Pay $14K Following Sales Tax audit

Tennessee – New Guidance: Post Wayfair Sales Tax Collection By Out-Of-State Dealers

The  Tennessee Department of Revenue has updated information about sales tax collection from out-of-state dealers post South Dakota v. Wayfair.  Please see the links below for more information:  Notice #19-04 Post-Wayfair Collection by Out-of-State Dealers (June 2019) Notice #19-05 Local Sales Tax Continue reading Tennessee – New Guidance: Post Wayfair Sales Tax Collection By Out-Of-State Dealers

Tennessee – New Tax Workshop Webinars for Businesses Now Available

In an effort to provide more online tools to help business owners learn about Tennessee taxes, the Department of Revenue has added four online tax workshop webinars to its website. These sales tax webinars are designed to provide business owners with Continue reading Tennessee – New Tax Workshop Webinars for Businesses Now Available