Texas Mixed Beverage Sales Tax
Texas Mixed Beverage Sales Tax – Here are some interesting case studies…
Is There Texas Sales Tax On Rental Equipment
Many businesses in Texas rely on machinery and equipment to perform services.
How To Calculate Texas Franchise Tax
Businesses with annual revenue above $2,470,000 are required to file a franchise tax report.
Cloud Computing And Support For Canned Software Is Taxable In Pennsylvania
Overview The Pennsylvania Board of Finance and Revenue recently reviewed petitions from One Market Data LLC, which contested the revocation of its sales tax license and the assessment of taxes, penalties, and interest for the period between January 2020 and December 2022. The company argued that its services were not subject to sales tax under […]
Ohio Board Rules True Object Determines Taxability Of Services
Overview CheckFree, a financial services provider in Ohio, sought a refund of over $2 million in sales and use tax paid between July 1, 2011, and June 30, 2015. The company argued that its payment authorization and bill payment services are not taxable in Ohio. However, the Department of Taxation denied the claim, asserting that […]
Texas Car Dealer Deferred Sales Tax Attorney
The deferred sales tax law enables buy-here-pay-here (BHPH) dealers to pay sales…
Texas Sales Tax For Imported Goods In Bonded Warehouses
The Texas Comptroller of Public Accounts has issued a letter ruling outlining the…
What Is IRS Backup Withholding Tax For Contractors
Overview When you have contractors that worked for your business, you need to issue a 1099 when paying them more than $600. However, as the business owner, you can be liable for their tax. Why Backup Withholding Applies When contractors do not have a taxpayer ID number, such as a Social Security Number (SSN) or […]
Is There Sales Tax On Labor For Residential Rental Property Repairs In Texas
Is there sales tax on labor for residential rental property repairs in Texas…
U.S. Sales Tax Audit For Canadian Companies
Overview A U.S. sales tax audit for Canadian companies involves ensuring compliance with the sales tax requirements of each U.S. state where the business operates. Below are key considerations to understand: 1. Nexus Determination Nexus refers to having sufficient physical or economic presence in a U.S. state, which obligates the company to collect sales tax […]