article thumbnail

Vitamins, supplements and sales tax – the latest

TaxConnex

For purposes of incurring sales tax in any state, that essentially translates into “sometimes.” In other instances, vitamins and supplements aren’t taxed at all. How do you handle sales tax liability if you sell vitamins, dietary supplements or other items in this nebulous category? And we don’t mean “sometimes.”

Sales 264
article thumbnail

Why are some states’ sale taxes higher than others?

TaxConnex

When you sell across multiple states – or even within various localities in a single state – one striking observation emerges: the consistent inconsistency of sales tax rates. The federal income tax has just seven brackets to cover the whole span of what somebody can make. Why do sales tax rates have to be so complex?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What’s new: state sales and use taxes

TaxConnex

There’s always something changing in the world of tax, especially sales tax. Florida sales tax exemptions on hurricane-preparedness items may soon encompass purchases of pet food, thanks to the lobbying of a local Girl Scout troop. has become the second state this year to expand its sales tax exemption involving gold and silver.

Sales 242
article thumbnail

State Discounts for Sales Tax

TaxConnex

Collecting and remitting sales tax can be onerous – and expensive – for any business. That’s one reason some states give a collection discount to help with the costs of managing sales tax. Most taxing jurisdictions mandate on-time filing and full payment of tax due, among other conditions, to qualify for these discounts.

Sales 246
article thumbnail

Sales tax on shipping: latest updates

TaxConnex

Ecommerce couldn’t exist without shipping (and probably not without shipping’s partner “handling,” either), but do either incur sales tax? As is often the case in sales tax, it depends on what, how and where. Portions of packages that contain non-taxable or exempt items get a break on the tax on the S&H.

Sales 264
article thumbnail

App purchases and sales and use tax

TaxConnex

Many tech companies consider themselves a service provider exempt from sales and use tax. But the 2018 Wayfair decision expanded the definition of nexus and and more of these businesses are now subject to sales and use tax collection, including on one of their product staples: apps. What about the sales tax?

Sales 246
article thumbnail

Preparing Your Business for Sales Tax Holidays

TaxConnex

Many states use sales tax holidays to waive or reduce sales tax on various items. Location, location, location is the rule when it comes to sales tax holidays. The holidays may only cover state sales tax but not local sales taxes, as in South Carolina (which, like other states, has no price cap on eligible items).

Sales 246