Tax & Accounting Blog

Maine Includes Medical Marijuana Brownies Under Prepared Food Rate

Maine Includes Medical Marijuana Brownies Under Prepared Food Rate

When Maine first approved medical marijuana, it was decided that marijuana provided for medical purposes would be subject to the 5 percent state sales tax.  Now, lawmakers have issued an opinion that  brownies including medicinal marijuana fall under the higher prepared food rate of 7 percent.  Opponents are upset, saying that medicine should not be … Read More

Washington Governor Proposes Half-Cent State Sales Tax Increase

Washington Governor Proposes Half-Cent State Sales Tax Increase

Washington’s Governor is asking for a vote on a temporary half-cent increase to the state sales tax rate, making the rate 7 percent.  This temporary measure would last for three years, mostly going towards education and a portion going towards public services.  Last year voters rejected several tax increases but the governor says that residents … Read More

Indiana Updates Sales Tax Information Bulletins

Indiana Updates Sales Tax Information Bulletins

The Indiana Department of Revenue updated several of their Sales Tax Information Bulletins this month including Bulletin #8. Bulletin #8, which has undergone substantial changes, discusses the application of Sales Tax to the sale, lease or use of computer hardware, computer software, and digital goods. New to this version is an explanation of the state’s … Read More