Tax & Accounting Blog

Missouri: Sales Tax Holiday for Energy Star Appliances

Missouri: Sales Tax Holiday for Energy Star Appliances

 Consumers across the state of Missouri will enjoy sales tax savings of at least 4.225 percent between April 19 through April 25, 2013 on qualifying “Energy Star-certified new appliances”. This sales tax holiday has been in effect since 2008 when it was passed by the Missouri General Assembly. View additional information on this sales tax … Read More

Virginia Legislators Approve Sales Tax Increase and More

Virginia Legislators Approve Sales Tax Increase and More

In an effort to raise an estimated $880 million in additional funds per year, the Virginia State Legislature has passed a bill making the following tax changes (among a few others not listed) effective July 1, 2013, pending the Governor’s approval: The state sales and use tax will increase from 5.0% to 5.3%. An additional … Read More

Louisiana Governor to Propose Income Tax Elimination and Sales Tax Increase

Louisiana Governor to Propose Income Tax Elimination and Sales Tax Increase

Louisiana Governor Bobby Jindal is preparing a proposal for the state Legislature which would overhaul the state’s tax system. The Governor and his constituents have stated that the plan includes eliminating the state income tax, increasing the state sales tax at least 1.78%, possibly increasing the tobacco tax, widening the list of services taxed, and … Read More