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State Sales and Use Tax Update

TaxConnex

New York City tax revenues in March and April fell $1.15 Sales tax accounted for the largest decline, falling $918 million, or 23 percent. In New York State , the sales tax payment the county of Onondaga received recently was $10 million higher than the same period last year. Texas state sales tax revenue totaled $2.57

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Top Remote Accountants of the Week | August 29, 2024

Going Concern

Are you struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, access a pool of top remote accounting candidates without any upfront costs. Accountingfly can help!

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Top Remote Accountants of the Week | September 5, 2024

Going Concern

Are you struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, access a pool of top remote accounting candidates without any upfront costs. Accountingfly can help!

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Top Remote Accountants of the Week | October 3, 2024

Going Concern

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!

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Sales Tax Updates: What’s new in sales tax for April?

TaxConnex

The bill would raise the sales tax for online purchases in the state to 9.3%, claiming that the increase levels the field between online shopping and buying from local stores. Sales and use will be the inaugural tax to be serviced. The rate would be recalculated every five years. Voters throw a huge block.

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What's new in May for state sales and use taxes

TaxConnex

Voters will likely be asked this fall if they’re willing to increase the city’s 5% sales tax to 6% during the summer in exchange for exempting food from sales tax year-round. Sales taxes have become less neutral, less equitable, and less economically efficient over time,” the Foundation said. Texas sales tax revenue totaled $3.83

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Understanding use tax

TaxConnex

One quick explanation of the difference is an example from Alabama : The consumers use tax is imposed on tangible personal property brought into Alabama for storage, use, or consumption in the state when the seller did not collect seller’s use tax on the sale of the property. California state income tax return.”.

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