Maryland Property Tax Business personal property exemption
Maryland Property Tax Business personal property exemption The Maryland State Department of Assessments and Taxation (SDAT) alerts taxpayers of the increase in the exemption from personal property assessment for all Maryland businesses from $2,500 to $20,000 due to recently enacted legislation (as reported in State Tax Update , 05/19/2022). The SDAT will automatically adjust assessments of filings that were submitted between January […]
Maryland Property Tax Baltimore City annual property tax.
Maryland—Property Tax—Baltimore City annual property tax. Effective June 23, 2022, the City of Baltimore has enacted Ordinance No. 22-143, Council Bill No. 22-0236, which imposes an annual tax on all property in the City of Baltimore, except property exempt by law, for the period July 1, 2022 through June 30, 2023. An annual tax of […]
Maryland issues updated guidance on sales of digital products and digital code
Maryland issues updated guidance on sales of digital products and digital code. The Maryland Comptroller’s Office has issued updated guidance on the sales and use taxation of digital products and digital code. The guidance conforms to recently enacted legislation that amended the definition of “digital product” to exclude certain products where the purchaser has a certain property interest […]
Maryland Insurance Companies Taxes
Maryland Insurance Companies Taxes Maryland insurance company exemption The Maryland Court of Special Appeals has affirmed the Maryland Tax Court ruling that a Vermont licensed insurance company is exempt from Maryland corporate income tax. In Maryland, Title 4 of the Insurance Article provides that an insurance premium tax is imposed on unauthorized insurers in lieu of all other state taxes. The Maryland Comptroller contended that the exemption […]
Texas Sales Exemption denied export packer that failed to provide required documentation
The Texas Comptroller of Public Accounts ruled that purchases of packing supplies…
Can you use an EBT SNAP card at McDonald’s or Burger King
Can you use an EBT SNAP card at McDonald’s or Burger King You can use an EBT card at McDonald’s if you live in a state that participates in the Restaurant Meals Program (RMP). SNAP is extended through the RMP. The purpose of this program is so that people that cannot otherwise get warm food […]
Washington DC Sales Tax Attorney
Washington DC Sales Tax Attorney If you are undergoing a sales tax audit in Washington D.C., at the very least, you are just looking at a 6% sales tax without the worry of local and county additional rates. Our firm focuses on taxable versus non-taxable transactions. This helps the auditor understand your transactions to help […]
Massachusetts excise tax attorney on sports operators
Massachusetts excise tax attorney on sports operators Massachusetts—Cigarette, Alcohol & Miscellaneous Tax Rates—Sports wagering tax enacted. The law imposes an excise tax on sports operators in Massachusetts at the rate of: (1) 15% of the operator’s adjusted gross sports wagering receipts from the operation of in-person sports wagering; (2) 20% of the operator’s adjusted gross […]
Massachusetts Sales Tax Audit Cannabis Industry
Massachusetts Sales Tax Audit and the Cannabis Industry Massachusetts enacts cannabis equity law. L. 2022, S3096, effective for tax years beginning 01/01/2022 , promotes equity in the cannabis industry by allowing a deduction for any amount paid or incurred during the taxable year in carrying on the trade or business of a marijuana establishment or […]
Georgia Florist sales tax audit
Georgia Florist sales tax audit If the florist, makes retail sales and as a part of the transaction agrees to transplant shrubbery on the land of the purchaser for a lump sum, the tax applies to the total charge except when installation is billed separately. Where florists sell through telegraphic delivery association the following rules […]