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Entries by Donna Niesen

Indiana Adopts Sales Tax Exemption for SaaS

Posted 7:00 PM by
Making good on his State of the State promise to provide clarity on the previously murky topic of software-as-a-service (SaaS) and its sales tax status, today Governor Holcomb signed Senate Bill 257 into law.
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New York State & Local Tax Update: January 2018

Posted 5:00 AM by
Small businesses renting commercial property in downtown Manhattan are getting a break on their Commercial Rent Tax (CRT) under new legislation signed by Mayor Bill de Blasio in late December. Effective for tax years after July 1, 2018, the law provides a new tax credit for businesses that have income of less than $10 million and rent of less than $550,000.
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New York State & Local Tax Update: November 2017

Posted 2:25 PM by
An administrative law judge has agreed that the Division of Taxation correctly determined that the taxpayers were statutory residents of New York City for the 2011 through 2012 tax years.
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State & Local Tax Update: 7/17/17

Posted 3:42 PM by
A company's sales of a cloud-based mobile messaging service is a “telecommunication service” subject to sales and use tax. In Indiana, a sales tax is imposed on products transferred electronically only if the products meet the definition of specified digital products, pre-written computer software or telecommunication services.
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New York State & Local Tax Update: June 2017

Posted 4:00 AM by
Purchases by a business of materials, which were installed as part of capital improvements to real property, were subject to sales and use tax.
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State & Local Tax Update: 9/22/16

Posted 3:26 PM by
The Alabama Department of Revenue has issued guidance to contractors, subcontractors, and Alabama governmental entities regarding the reporting requirements of Ala. Code § 40-9-14, which requires the Department to issue Form STC-1 (Sales and Use Tax Certificate of Exemption for Government Entity Projects) to all contractors and subcontractors working on qualifying governmental entity projects.
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New York State & Local Tax Update: July 2016

Posted 4:00 AM by
The New York State Department of Taxation and Finance has issued a press release announcing the launch of its “Business Incentives” Webpage. The Department describes the web page as “a one-stop shop where new and existing business owners can learn about valuable tax credits that may be available to them.”
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State & Local Tax Update: 5/24/16

Posted 2:09 PM by
Starting in 2016, Indiana adopted a small business personal property tax exemption. This exemption exempts personal property for businesses that have less than $20,000 of taxable acquisition cost in a county. Prior to the 2016 legislative session, business owners had to complete an affidavit stating they had less than $20,000 in acquisition cost, sign and notarize the form.
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New York State & Local Tax Update: March 2016

Posted 4:00 AM by
New York Denies Refund for Erroneously Paid Sales Tax - An automobile dealership was not entitled to a refund for sales tax collected on extended warranties sold in Connecticut that was erroneously remitted to New York state. The taxpayer subsequently paid sales tax to the state of Connecticut on the same sales, at a rate of approximately 6%. 
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State & Local Tax Update: 3/4/16

Posted 5:00 AM by
With the 2016 filing season underway, please be aware that substantial changes have occurred to Indiana personal property tax filings.
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