Category Archives: Sales taxes

Construction Sales Tax

Today TaxMama® hears from Yimmy in the TaxQuips Forum, who wants to know.  “I moved into a newly constructed home in Oct. 2012. Are the sales taxes paid on the construction materials used in building the home tax deductible? The home is in Georgia.”

Sold and Re-Sold

Today TaxMama® hears from Mike in the TaxQuips Forum, who asks a logical question.  “I sell collectible cards in NC. I collect sales tax on new product (such as a new pack of 15 cards). The question is, if I buy a single card from someone who just bought that pack of 15 new cards […]

Lawn Vendor Tax

Today TaxMama® hears from Don with this intriguing question. “My homeowner’s association had a lawn vendor that didn’t charge sales tax for several years. He charged us all at once. Now that the payment is made, what is the correct account to which to charge the payment?” 

Sales Tax Holidays Coming Your Way

Courtesy of http://www.taxadmin.org Take advantage of sales tax holidays to plan you major purchases. You’ll find sales tax relief for home improvements, computers and other useful expenditures during the summer – then back to school purchases at the end of the summer season. You’ll find the list of states and dates here:

Reporting Sales Tax Collected on Personal Return

Today TaxMama® hears from Della in the TaxQuips Forum with this brief question. “I live in California and I am an online seller. I have received a Form 1099 K. Where do I report my sales tax that I should have collected from California buyers? The question is where do I report this information on […]

Buying a Business

  Today TaxMama hears from Josh in the TaxQuips Forum who is concerned. “I’m interested in purchasing a business which was owned by a sole proprietor. He owes back taxes. Would I be liable for those back taxes if I purchase this business?”

Gift Tax Giddiness

Today TaxMama hears from Thomas in the TaxQuips Forum who is in a bind. “Thomas bought a used car from a rental agency, paying by wire transfer, then suddenly got called out of town before he could pick it up. They cannot wait the one, itsy-bitsy, extra day for him to return, so his girlfriend […]

Board of Equalization Approves Use Tax Look-Up Table for 2011

Betty T. Yee, First District Member of the California State Board of Equalization (BOE), today announced that the Board approved the 2011 Use Tax Look-Up Table for calculating and reporting estimated California use tax on individuals’ state income tax returns. The intent of the table is to make it more convenient for taxpayers not registered […]