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Excise Tax versus Sales Tax

TaxConnex

Excise taxes vary widely from state to state, but in recent years states collecting the highest per-capita excise taxes include Vermont, Nevada, Hawaii, Minnesota, and Maryland. Excise tax” can also mean slightly different things in different states: Hawaii's general excise tax (i.e.

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Sales tax on shipping: latest updates

TaxConnex

Minnesota just added an RDF of 50 cents on each transaction where charges for these items equal or exceed $100 of clothing and of other tangible personal property (TPP) that’s subject to sales tax. Hawaii: Incurs sales tax if the item does. Minnesota : Taxable if the item is taxable. Georgia: Shipping is almost always taxable.

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What is an IRS CP14 notice? Options for balance due for unpaid taxes

MyIRSRelief

Louis, Missouri Omaha, Nebraska Minneapolis, Minnesota Tampa, Florida Anaheim, California Cincinnati, Ohio Honolulu, Hawaii Bakersfield, California Riverside, California Oklahoma City, Oklahoma Durham, North Carolina Wichita, Kansas St.

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Sales tax and Marketplaces: Who owns the responsibility?

TaxConnex

The platform currently calculates, collects and remits state sales tax on shipments to (in the order in which they began): Washington, Pennsylvania, Oklahoma, Minnesota, Iowa, Connecticut, South Carolina, South Dakota, New Jersey, the District of Columbia, New York, Idaho, Nebraska, Alabama, Arkansas, Kentucky, California, Maine, Massachusetts, North (..)

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What is an IRS CP14 notice? Help options for balance due for unpaid taxes

MyIRSRelief

Louis, Missouri Omaha, Nebraska Minneapolis, Minnesota Tampa, Florida Anaheim, California Cincinnati, Ohio Honolulu, Hawaii Bakersfield, California Riverside, California Oklahoma City, Oklahoma Durham, North Carolina Wichita, Kansas St.

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Exemption Certificate Expirations

TaxConnex

Dates vary – a lot Many states’ certificates have no expiration: Arizona (the seller chooses the period of exemption); Arkansas; Colorado (this can depend on the purpose of the exemption); Georgia; Hawaii; Idaho; Indiana; Maine; Minnesota; Mississippi; Nebraska; New Mexico; New Jersey, New York, North Carolina; North Dakota; Ohio; Oklahoma; South Carolina; (..)

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CPA Society News & Updates – Feb 7, 2023

CPA Practice

The Hawaii Society of Certified Public Accountants is offering a webinar on February 17, 2023 titled Schedules K-2 and K-3: Why Even Partnerships and S Corporations with No Foreign Activities or Members May Need to Prepare These Forms. The Minnesota CPA and the MNCPA CPAPAC are offering CPA Day at the Capitol.

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