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Missouri Enacts Economic Nexus

TaxConnex

Missouri has officially become the last state with a state-wide sales tax to enact economic nexus. Missouri Gov. Mike Parson has signed SB153 (combined with SB97) into law, allowing Missouri and local jurisdictions to collect use tax and, proponents say, help protect local brick-and-mortar businesses.?.

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Hoops for Hope Raises $13,010 for Missouri Veterans Endeavor

Anders CPA

Over 670 brackets were created during the 35th annual Anders Hoops for Hope March Madness-style bracket tournament supporting Missouri Veteran’s Endeavor (MOVE-STL). ABOUT MISSOURI VETERANS ENDEAVOR Missouri Veterans Endeavor (MOVE-STL) is a community for Veterans experiencing homelessness along with their families.

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New Ruling Clarifies Local Sales Tax Rates for Multi-Location Businesses in Missouri

Anders CPA

The Missouri Private Letter Ruling No. The case involves a property owner operating a resort with properties in two different Missouri jurisdictions that feature varying local sales tax rates. Contact Anders The post New Ruling Clarifies Local Sales Tax Rates for Multi-Location Businesses in Missouri appeared first on Anders CPA.

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Missouri Cannabis Industry 2024 Updates

Anders CPA

At the first year anniversary of recreational cannabis in Missouri, the state industry is healthy. Here are ways Missouri cannabis businesses can make their second year as, or more, profitable than their first. Watch the Hemp Industry Missouri has taken a strong stance against the hemp-derived market. We would be happy to help.

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Missouri Show-Me Green Sales Tax Holiday

Anders CPA

The biggest weekend for purchasing appliances in Missouri is here! This is the week that Missouri is holding their Show-Me Green Sales Tax Holiday. During this time, if you buy a certified Energy Star appliance in Missouri, you will not have to pay any state sales tax. What Purchases Qualify for the Exemption?

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Changes to Missouri Taxability of Sales Made Online by a Not-for-Profit Marketplace Facilitator

Anders CPA

On July 31, 2023, Missouri released Private Letter Ruling No. Although marketplace facilitators are required to collect and remit sales and use taxes in Missouri, these taxes might not apply to 501(c)(3) organizations when selling to other 501(c)(3) organizations. Genesis Clay, tax intern, contributed to this article.

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Recreational Marijuana Sales Start in Missouri

CPA Practice

Campbell was the first person at the Good Day Farm marijuana dispensary in the Central West End on the first day recreational-use marijuana was sold in Missouri. This was the opening weekend for recreational marijuana sales in Missouri. The new legalization was part of Amendment 3, which Missouri voters passed in November.