by Michael Hogberg, EA | Aug 1, 2022 | State Tax
August 1, 2022 Georgia Department of Revenue Provides Guidance Related to Georgia House Bill 481. (This guidance reflects the recent rulings by the U.S. Supreme Court on June 24, 2022, and the 11th Circuit Court of Appeals on July 20, 2022.) In light of the June...
by Michael Hogberg, EA | Jul 28, 2022 | State Tax
July 28, 2022 More than 240,000 employees work in South Carolina’s agribusiness industry, which has an annual impact of more than $46 billion, according to the state’s Department of Agriculture. Those businesses include at least 25,000 farms as well...
by Michael Hogberg, EA | Jul 28, 2022 | Enforcement Updates, State Tax
July 28, 2022 New Mexico businesses are reminded that the statewide Gross Receipts Tax rate dropped from 5.125% to 5% on July 1, 2022. As a result, most rates that businesses must collect and remit have changed, as well. Governor Lujan Grisham brought Republicans and...
by Michael Hogberg, EA | Jul 28, 2022 | State Tax
July 28, 2022 House Bill 1691 of the 2022 Legislative Session was signed into law on April 14, 2022. This bill established an act to allow any partnership, S corporation or similar pass-through entity to elect to be taxed as an “electing passthrough entity” for state...
by Michael Hogberg, EA | Jul 25, 2022 | State Tax
July 25, 2022 South Carolina Department of Revenue (SCDOR) agents today arrested a North Carolina couple and charged them with two counts of tax evasion and two counts of failure to file a state tax return or pay a tax. Natalia Sokil, 46, was of Tryon, NC, was the...
by Michael Hogberg, EA | Jul 25, 2022 | State Tax
July 25, 2022 Texas Comptroller Glenn Hegar is reminding shoppers they can save money on clothes and school supplies during the state’s sales tax holiday on Friday, Saturday and Sunday, Aug. 5-7. State law exempts sales tax on qualified items — such as clothing,...