Tax & Accounting Blog

Utah Legislative Proposal to Increase Sales Tax on Food

Utah Legislative Proposal to Increase Sales Tax on Food

Utah state Senator John Valentine is negotiating with House Representatives  in the state legislature to increase the sales tax levied on foods to 4.25%.  Currently, food can be taxed at differing rates, based on its preparation and/or packaging.  The proposed sales tax increase would bring all food transactions to the same rate.  This bill was … Read More

Washington State Discusses the Tax Treatment of Chemicals Used to Treat Drinking Water

Washington State Discusses the Tax Treatment of Chemicals Used to Treat Drinking Water

The Washington Department of Revenue issued guidance regarding the tax treatment of chemicals used to treat drinking water. Chemicals that are used to treat drinking water but that do not remain with the water when delivered to the customer will be subject to sales or use tax. For example, ozone is a chemical that is … Read More

New York Governor Considers Renewing 2% Utility Tax

New York Governor Considers Renewing 2% Utility Tax

New York Governor Andrew Cuomo is considering renewing a 2% utility tax previously imposed by former Governor David Patterson. The tax is imposed on gas, steam, and non-municipal water services. Previously, the utility tax had been scheduled to expire in 2014. Local businesses are lobbying against renewing the utility tax because they believe that it … Read More

Changes coming in tax treaty between the United States and Japan

Changes coming in tax treaty between the United States and Japan

A new protocol to the income tax treaty between the United States and Japan has been signed by representatives of both countries, but its provisions will not enter into force until both countries have completed ratification of the protocol.  It amends the tax treaty, which has been in effect since 2003, to update several provisions … Read More

California Continues Door-to-Door Visits

California Continues Door-to-Door Visits

The California Board of Equalization (BOE) is continuing their door-to-door visits sending letters to 12,342 business owners notifying them of upcoming visits from Statewide Compliance and Outreach Program (SCOP) teams.  The visits are intended to educate retailers about properly reporting sales and use tax.  The program started in 2008 and in that time SCOP teams … Read More

Massachusetts Department of Revenue extends the filing deadline for the Manufacturing

Massachusetts Department of Revenue extends the filing deadline for the Manufacturing

The Massachusetts Department of Revenue has extended the annual manufacturing classification deadline for 2013, normally due January 31st , to March 1st . This extension will be considered timely filed, so long as it is either received in their office, or has the United States Postal Service postmark of March 1, 2013.  This extension is … Read More