PYMNTS

JANUARY 29, 2019

Paying business taxes is a key source of friction for many legal marijuana companies in the nation, particularly for companies that operate on a cash-only basis. A lawsuit in New Mexico is reigniting the debate over marijuana business taxes, only this time, the controversy surrounds how to classify these companies under state tax code.

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New Mexico business tax Tax Legal 53

TaxConnex

JULY 15, 2021

The Maryland Comptroller has issued a revised version of Business Tax Tip #29 , which clarifies the Comptroller’s interpretation of its sales and use tax on “digital products,” including software. Previously, New Mexico was an origin-based sourcing state.

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CPA Practice

OCTOBER 18, 2023

One crucial factor to consider when selecting your business location is the tax environment. Business taxes can significantly impact your bottom line and overall profitability. The importance of business taxes As an entrepreneur, you face countless decisions when starting a business.

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business tax Tax Alaska South Dakota 59

TaxConnex

AUGUST 9, 2022

Changes include combining sales and use tax returns and their permits into one and changing filing frequencies for sales and use tax from quarterly to monthly. Maryland has revised Business Tax Tip #29 to acknowledge exclusion of certain business purchases of digital products.

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Sales Louisiana Tax Iowa 130

CPA Practice

JULY 28, 2023

For example, if you ship a rolling pin to 333 Apple Lane, Pie Town, New Mexico, 87827, and if you’re registered for New Mexico sales tax, you’d have to charge the sales tax rate in effect at 333 Apple Lane, Pie Town, New Mexico, 87827.

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Sales Retail Tax New Mexico 98

ThomsonReuters

JANUARY 30, 2023

New Hampshire. New Mexico. New Hampshire. New Mexico. Tax credits State legislators are looking to offer businesses tax incentives for certain benefits to employees. Senate Bill 144 seeks to increase the minimum wage from $7.25 The state’s last scheduled increase is $12.00

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payroll Hawaii West Virginia Oklahoma 105

xendoo

MARCH 21, 2022

Ecommerce businesses that are selling products across state lines need to figure out which sales tax they are responsible for. In some states, an online store charges sales tax based on where the company is located. There are 12 origin-based states, including New Mexico and Virginia. Establish a general ledger.

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accounted Account accountant bookkeeping 115