Ohio Senate GOP’s Post

Avoiding Sales Tax Traps - What do you wish you knew? I'm working on a new upcoming presentation and could use your help. Were you caught in a sales tax trap like this week's unfortunate leprechauns? (Anyone else with an elementary school kid fixated on catching the little Irish imps?) What do you wish you knew about sales taxes? Or what did you learn the hard way that you wish you could have avoided or anticipated? Help me help you as I put together a presentation focused on avoiding sales tax traps. pic credit to Better Homes & Gardens

School may just be getting out- but it's never too early to look at sales tax holidays! Many states offer back-to-school sales tax holidays which can provide major savings for consumers while requiring lots of coordination for sales tax professionals. Get ahead of the curve with the sales tax holiday chart! #BacktoSchool #SchoolsOut #Holiday #SalesTax

Take a look at this... Ways To Use Your Tax Refund If You Want To Buy a Home Message me if you'd like to talk about Buying or Selling!

IT'S NOT YOUR MONEY" Unfortunately, too many business owners fall into a sales tax "trap" and then quickly find themselves in over their head and struggling to get out. Next thing you know, you are in a position that has the State knocking at your door demanding a significant amount of all that hard-earned money. Worse yet, they show up to potentially provide you with new living arrangements that contain a limited amount of square footage, an undesirable meal plan, not to mention, an unflattering wardrobe. This does not have to be your story if your perception and process of collecting sales taxes is simply modified. Give us a call at 678-717-9818 and we'll help you find a cure to your current sales tax problem and offer a preventative tools for your future sales tax requirements.

Ways To Use Your Tax Refund If You Want To Buy a Home #housegoals #starterhome #keepingcurrentmatters Message me if you want to talk about buying or selling.

Just a basic conceptual thought, and interested to see if anyone else sees this as viable. The US and it’s states codify a new tax system as follows, with all percentages set by law as not to ever exceed or increase, and all other loopholes eliminated. 1. All taxes are abolished 2. A flat sales tax of 10% 3. The federal government gets 3% 4. The state government gets 7% to distribute as determined by local legislators Currently: You buy your home and pay a sales tax at the time of purchase. Then a property tax every year afterwards. Proposal: You buy your home and pay a sales tax at the time of purchase. Nothing more. This would dramatically reduce the size of the IRS, establish a level playing field, allow citizens to enjoy the financial fruits of their labors, and collect revenue from those who are putting additional burdens on our infrastructure (i.e., tourists and illegals).

Two cities in Colorado have agreed to add questions in the fall ballots about whether to extend sales taxes to aid transportation work. Colorado Springs will ask voters on the Nov. 5 ballot whether to extend collection of the 0.57% sales tax for another 10 years, an additional revenue estimated to amount to $50M annually that will be used for roads and bridge work. Glenwood Springs wants to continue and double a sales tax. The current sales tax amounts to half of a cent and has a December 2026 sunset date. The question on the ballot will extend the duration of the tax collection by 20 years and increase it to a full cent, raising the estimated annual revenue to $7.6M.

Ways To Use Your Tax Refund If You Want To Buy a Home #housegoals #starterhome #keepingcurrentmatters Message me if you would like more information about buying or selling.

Attention remote sellers: Are you meeting Pennsylvania's economic nexus thresholds? If your gross sales to PA customers exceeded $100,000 in the previous calendar year, or if you had 200+ separate transactions with PA customers, you're required to collect and remit sales tax. From registration and collection to filing and remittance, there's a lot to keep track of. For example, did you know your filing frequency depends on your tax liability? Or that you need to file returns even if you have no sales tax to report for a period? Our latest blog post dives deep into these topics and more, providing a roadmap for navigating PA's sales tax landscape. Don't risk penalties - get informed! Check out the full article at https://lnkd.in/gZmYsS_5 #EconomicNexus #PASalesTax #RemoteSeller #TaxCompliance

Do you know Idaho has a use tax? All states with a sales tax do. Individuals and businesses owe it when they buy from sellers who don’t charge sales tax, bring vehicles into Idaho for permanent use, and in other cases. Read more: tax.idaho.gov/use