State and local tax news brought to you by Zaldivar and Associates
Texas Comptroller Glenn Hegar announced he will send cities, counties, transit systems and special purpose taxing districts $763.8 million in local sales tax allocations for January, four percent more than in January 2019. These allocations are based on sales made in Continue reading Texas – $764 Million Distributed In Monthly Sales Tax Revenue To Local Governments
Security Services in Texas Are now Taxable. You can find A list of The types of Companies which are required To remit and collect Taxes On the Texas comptroller website. Full Publication Here: Texas Comptoller comptroller.texas.gov
During this annual sales tax holiday, you can buy most clothing, footwear, school supplies and backpacks (sold for less than $100) tax free from a Texas store or from an online or catalog seller doing business in Texas. For More Information Visit: Continue reading TEXAS – 2019 Sales Tax Holiday Set for Aug. 9-11
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 document has been released by the Texas Comptroller Office detailing the ins and outs of Texas taxes. The 27-page report called A Field Guide to the Taxes of Texas, is filled with information regarding funds used to pay for Continue reading TEXAS – Comptroller Releases Where Taxes Are Collected And Spent
December 2018 Part 3 – Pipe Works: Understanding New Construction vs. Repair, Remodeling and Restoration for Pipelines In this month’s issue, we are concluding the contractor series with a look at the tax treatment for pipeline construction. This article summarizes Continue reading Texas – Comptroller’s Office Releases A Four Part Series On Contractors And Related Services (Part 3)
Certain nonprofit and government organizations are eligible for exemption from paying Texas taxes on their purchases. Nonprofit organizations must apply for exemption with the Comptroller’s office and receive exempt status before making tax-free purchases. Federal and Texas government entities are automatically exempt from applicable Continue reading Texas – Nonprofit and Exempt Organizations Purchases and Sales Publication 96-122 October 2018
With increased oil and gas production, as well as increased sales and use tax collections, Texas is exceeding their collections from 2017. Texas increased collections in 2018 and 2019
Back to school supplies and clothing are commonly known as tax-exempt items during Texas’ Sales Tax Holiday, which is held from Aug. 10 through Aug. 12. Information About Texas sales Tax Holiday