Tax & Accounting Blog

Alabama to Hold Severe Weather Preparedness Sales Tax Holiday

Alabama to Hold Severe Weather Preparedness Sales Tax Holiday

  Alabama will be holding its second annual “Severe Weather Preparedness Sales Tax Holiday” this February, 2013, beginning 12:01am on the 22nd and ending at midnight on the 24th. During that time consumers will be able to buy “covered items” costing $60 or less without paying any state sales tax. That includes standard emergency-related goods … Read More

St. Louis Hot Air Balloon Provider Liable for Sales Tax

St. Louis Hot Air Balloon Provider Liable for Sales Tax

In a recent decision by the Missouri Administrative Hearing Commission, Balloons Over the Rainbow, INC., vs. Director of Revenue, No 11-1342RS (11/27/2012), the Commission found Balloons Over the Rainbow liable for sales and use taxes assessed by the Department of Revenue based on the gross receipts from hot air balloon rides. The state of Missouri … Read More

Maryland Celebrates Presidents Day Weekend With Tax Holiday

Maryland Celebrates Presidents Day Weekend With Tax Holiday

 From Saturday, February 16 through Monday, February 18, shoppers in Maryland will be able to keep an extra 6% in their pockets when they purchase certain qualified Energy Star products.  Among the types of products that would qualify for this exemption include air conditioners, washers, furnaces, heat pumps, standard size refrigerators, compact fluorescent light bulbs, … Read More