Texas Sales Tax Exemptions On Manufacturing Machinery Natural Gas And Data Centers
Texas businesses are exempt from state sales and use tax on specific expenses, including manufacturing machinery & equipment, natural gas & electricity, and certain data center expenses. Manufacturing Machinery & Equipment Businesses engaged in agriculture are exempt from state sales and use tax on machinery exclusively used for processing, packing, or marketing agricultural products, provided […]
IRS Audit Reconsideration For Missed Tax Court Deadlines
Overview of Audit Reconsideration Process (IRS & State Tax Authorities) Audit reconsideration is a process that allows taxpayers to request a review of an IRS or state tax agency audit assessment if they believe the findings are incorrect. This process is used when a taxpayer has new evidence, believes there was a miscalculation, or did […]
Rules For Texas Marketplace Sellers And Marketplace Providers
Definition of a Marketplace in Texas In Texas, a “marketplace” is defined as any physical or electronic platform where individuals or businesses—other than the platform owner or operator—sell taxable items. This definition includes: While the term can apply broadly, it most commonly refers to third-party platforms like Amazon, eBay, and Etsy, where sellers list their […]