Texas Sales Tax Holiday for Water-Efficient, ENERGY STAR® Products Set for May 28-30 If you are shopping this weekend in Dallas or Houston, then, you might want to know something. Texas families can save on the purchase of certain water-efficient and water-conserving products and energy-efficient appliances during the state’s new…
Mansoor AnsariMay 19, 2016
Texas sales tax on home renovations Real Property Repair and Remodeling Here are some important rules: Labor to repair, remodel, or restore residential real property is not taxable. Residential real property means family dwellings, including apartment complexes, nursing homes, condominiums, and retirement homes. It does not include hotels or residential…
Mansoor AnsariMay 15, 2016
Mixed Beverage Sales Tax Audit If you are a business owner in Texas, chances are that you are on our website because you either have a sales tax audit pending, or you want to prepare yourself for an audit. Here is our latest Texas Comptroller's sales tax audit story of…
Mansoor AnsariMay 15, 2016
Understanding the Small Business Health Care Tax Credit By: Mansoor Ansari The Affordable Care Act includes the small business health care tax credit, which can benefit small employers who provide health coverage for their employees. The small business health care tax credit benefits employers who: have fewer than 25 full-time…
Mansoor AnsariFebruary 27, 2016
Texas sales use tax resale certificate When would somebody need a resale certificate? Very simple - when you are a reseller of goods not at retail. For example, a reseller of raw materials will apply for a resale certificate when they sell a taxable item to a customer and you…
Mansoor AnsariJanuary 19, 2015
Taxable services” is defined in Tax Code Section 151.0101 to include 17 broad categories of services. Sec. 151.0101. "TAXABLE SERVICES". (a) "Taxable services" means: (1) amusement services; (2) cable television services; (3) personal services; (4) motor vehicle parking and storage services; (5) the repair, remodeling, maintenance, and restoration of tangible…
Mansoor AnsariJanuary 19, 2015
Texas sales use tax penalties The law imposes a $50 late filing penalty on every report filed after the due date, even if no tax was due for the period or the report was eventually filed. If you are currently undergoing a sales tax audit, you may find that your…
Mansoor AnsariJanuary 19, 2015
Texas sales tax amnesty This was a limited-time program approved by a state’s legislature and administered by the state agency responsible for administering and enforcing the state’s tax laws, (e.g. Comptroller). The program gave taxpayers an opportunity to can come forward voluntarily and satisfy their delinquent tax obligations in exchange…
Mansoor AnsariJanuary 19, 2015
Texas sales use tax on lease and rentals Texas imposes a state sales tax on all retail sales, leases and rentals of most goods, as well as taxable services. Texas cities, counties, transit authorities and special purpose districts have the option of imposing an additional local sales tax for a…
Mansoor AnsariJanuary 19, 2015
Texas fuel tax audit As an owner of a gas station in the Houston area, you are most likely consumed with running your business at a profit versus keeping in track of the sales tax that you remit on a monthly basis. Of course, you are trying to make sure…
Mansoor AnsariJanuary 19, 2015
Hotel occupancy tax is imposed on the rental of a room or space in a hotel costing $15 or more each day. If you have are renting rooms for anything less than $15.00 per day, this blog is not for you and you may need to retool your business model.…
Mansoor AnsariJanuary 19, 2015
Texas Use Tax Audit A Texas Use Tax Audit normally begins by the initiation of a letter to the business owner. This can also become part of an ongoing sales tax audit where the State begins to audit your consummables. In most cases, the problem begins where a business owners…
Mansoor AnsariJanuary 19, 2015