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Groceries vs. restaurant food: Digging into the sales tax differences

TaxConnex

States that still tax groceries at either full or reduced rates include Alabama, Arkansas, Hawaii, Idaho, Illinois, Kansas, Mississippi, Missouri, South Dakota, Tennessee and Utah.

Sales 130
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State Tax Credits in Alabama and Mississippi: New and Expanded Investment Opportunities

Cherry Bekaert

Alabama and Mississippi are two of the latest states to create new state tax credits and extend existing state tax credits. Mississippi Amends Contribution State Tax Credits and Creates New Tax Credits Mississippi legislation amends its existing Pregnancy Resource Act ad valorem credit, effective January 1, 2023.

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Weather victims in Mississippi, Iowa get tax relief

Accounting Today

The IRS is pushing back both filing and payments deadlines for impacted taxpayers.

Iowa 130
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What’s new: state sales and use taxes

TaxConnex

Mississippi has green lighted its Taxation of Remote and Internet-based Computer Software Products and Services Study Committee, which will examine taxation of remote and internet-based computer software products and services in the state. Also, the Mississippi Supreme Court issued an?

Sales 242
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Vitamins, supplements and sales tax – the latest

TaxConnex

Mississippi exempts vitamins and supplements purchased with food stamps; Vermont does so for purchases through the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC).

Sales 264
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Why are some states’ sale taxes higher than others?

TaxConnex

The highest state-level rates are in California, Indiana, Mississippi, Rhode Island and Tennessee. Online sellers might be tempted to look only at statewide rates to determine their obligations. The lowest state-level sales tax (aside from the NOMADs) is in Colorado, Alabama, Georgia, Hawaii, New York and Wyoming.

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What's New in Sales and Use Tax?

TaxConnex

Mississippi tax collections increased during the state budget year that ended June 30, driven in part by people shopping online. Mississippi proposes to amend its regulation for photographers and film developers to specify that certain digital products would be subject to sales tax. in 2Q21 compared with the same period of 2020.

Sales 246