Free Site Registration


Most Unusual Sales Tax Changes Last Year

The Tax & Accounting business of Thomson Reuters has compiled its annual sampling of quirky sales tax changes passed or implemented in 2013.

Hungry for revenue, two Massachusetts cities increased the tax on meals from 6.25 percent to 7 percent. The cities? Sandwich and Salisbury.

Image: Shutterstock

Straighter teeth just got cheaper in Arizona. Orthodontic devices are no longer subject to sales and use tax.

Image: Shutterstock

Connecticut did away with its luxury tax on yachts, and tax is exempted all together if the boat is docked 60 days or less a year.

Image: Shutterstock

In North Carolina, chiropractors must collect sales tax on nutritional supplements and vitamins provided as part of a patient’s treatment plan, and students must pay sales tax on meals purchased on college campuses.

Image: Shutterstock

Advertisement

Rhode Island eliminated sales and use tax on wine and spirits sold at package and liquor stores from Dec. 1, 2013, through March 31, 2015.

Image: Shutterstock

The legalization of recreational marijuana comes with a hefty tax. Both Washington and Colorado are taxing pot at a whopping 25 percent.

Image: Shutterstock

In Washington state, hiring a personal chef is a taxable service, and the chef is required to collect sales tax. However, if a meal is prepared with raw or undercooked eggs, fish, meat or poultry and refrigerated or frozen for consumption at a later time, and cooked prior to consumption to prevent food-borne illness, then the tax is waived.

Image: Shutterstock



10 Year-End Tax Tips

As 2014 draws to a close, there may be more planning opportunities than ever before, but also more traps for the unwary, according to Grant Thornton LLP.

View the slideshow >>


The 2014 MP Elite

The third edition of our annual report highlights 10 outstanding accounting firm leaders.

View the slideshow >>


Most Unusual Resume Lies

The pressure to stand out in a sea of applicants may tempt job seekers at accounting firms and other businesses to be less than honest on their resumes. When CareerBuilder asked about the most unusual lie they've ever caught on a resume, employers recalled these doozies.

View the slideshow >>


10 Ways to Be More Memorable

Tips to help professionals stand out (in a good way)

View the slideshow >>


6 Tips to Prevent a Data Breach

The steps businesses should take to protect against a credit card breach, according to the AICPA

View the slideshow >>


7 Signs Your Best Employees Are About to Leave

Tell-tale indicators that your rock stars are eyeing the door

View the slideshow >>


The Top People in Public Accounting - 2014

The most influential people in the field of accounting, as chosen by their peers.

View the slideshow >>


Top 10 Cities for Accounting and Finance Pros

Accounting Principals’ list shows where your next job should be

View the slideshow >>


Most Unusual Things Employees Were Caught Doing When They Should Have Been Working

Productivity can be a big problem, even at major accounting and tax firms and other types of businesses. Employers recently shared some real-life examples with the staffing company CareerBuilders of some of the more unusual things they've seen employees doing when they should have been busy working:

View the slideshow >>


Back-to-School Tax Tips

Rising education costs mean clients can’t pass these up

View the slideshow >>



Subscribe to the Tax Pro Today newsletter
Twitter
Facebook
LinkedIn
Follow Accounting Today