Is SaaS taxable in Texas?

Is SaaS taxable in Texas?

Summary: This blog post explores the sales tax regulations in Texas for SaaS, digital products, and cloud-based services, providing insights into tax rates, exemptions, and the impact on businesses operating in the state.Is SaaS taxable in Texas?  Texas requires sales...

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Colorado Retail Delivery Fee for 2023-2024 Set at $0.28

Colorado Retail Delivery Fee for 2023-2024 Set at $0.28

The Colorado Department of Revenue has announced that the retail delivery fee for the period of July 2023 to June 2024 will increase to $0.28, up from the previous rate of $0.27. This fee applies to all retail deliveries made by motor vehicle to a location in Colorado...

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The Pitfalls of Closing a Sales Tax Permit: What to Consider

The Pitfalls of Closing a Sales Tax Permit: What to Consider

Summary: This blog post provides a comprehensive guide on what to consider when closing a sales tax account, including key steps, common pitfalls, and expert advice from TaxValet on maximizing compliance.Are you currently holding a sales tax permit but believe that...

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H.B. 170: Understanding the Proposed Digital Tax in Georgia

H.B. 170: Understanding the Proposed Digital Tax in Georgia

H.B. 170 has been proposed in Georgia's House of Representatives that would make some digital services and goods subject to a sales and use tax. If passed, the 4% tax would apply to certain digital products, digital goods, digital services, and digital codes that are...

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Top Multi-State Income Tax CPAs for Businesses in 2023

Top Multi-State Income Tax CPAs for Businesses in 2023

Summary: This blog post will provide you with TaxValet's vetted partners who specialize in multi-state income tax returns and apportionment.Why You Need A Multi-State Income Tax Specialist   In recent years, states have increasingly been going after out-of-state...

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Preparing for Multi-State Income Tax Returns in 2023

Preparing for Multi-State Income Tax Returns in 2023

Summary: If you remit sales tax in a state, you might owe income tax in that state as well. Check with your CPA to determine if you owe income tax in a state to avoid substantial penalties later on.Working with an income tax preparer who is familiar with multistate...

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Missouri’s Economic Nexus Law Explained

Missouri’s Economic Nexus Law Explained

Summary: Missouri’s economic nexus law, effective January 1st, 2023 will allow Missouri and local jurisdictions to collect sales tax from online retailers who sell and deliver more than $100,000 in tangible goods to consumers in the state annually.Missouri’s Economic...

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