Why worry about local sales and use tax?
There are a number of reasons to be concerned about local sales and use tax issues. Local home-rule jurisdictions often vary from the state in their laws, administration and enforcement. Even when the laws are the same, rates vary and special districts or enterprise zones rules further complicate compliance. Additionally, business use tax has become a significant area of audit focus. >>> continue SALES TAX – PASS IT ON! April 2009 You collect sales tax, but you’re short on cash. Don’t get tempted to use the funds for your own business expenses! These are trying times for many businesses. Cash and credit are in short supply. Sales tax revenues collected on behalf of taxing jurisdictions may seem like a tempting source of available funds to manage immediate operating needs. Our advice? Don’t even think about it! >>> continue SALES & USE TAX MANUFACTURING EXEMPTIONS March 2009 Manufacturers are you missing exemptions? Not a manufacturer? This may still be for you! Many exemptions are o
