The Lone Star State Tax Amnesty Program

Texas is a notoriously business friendly state. And friends forgive. Thus, Texas Comptroller Glenn Hegar recently announced a temporary tax amnesty program. It gives certain delinquent taxpayers a chance to get sales tax accounts in good standing without incurring penalties and interest. Hegar states, “Our tax amnesty program is the perfect opportunity for taxpayers to get in […]

Cheers: Here’s to Mixed Beverage Sales and Gross Receipts Tax

By: Richard Fleming Imhotep once said, “Eat, drink, and be merry.” As the holidays approach us, alcoholic spirits will flow freely, along with holiday cheer as friends and family do just that. So, here’s a teachable moment about who is responsible for paying mixed beverage sales tax and mixed beverage gross receipts tax  that is […]

Online Marketplace Sales/Use and Income/Franchise Voluntary Disclosure Initiative

Get relief for past sales tax until October 17, 2017. There’s a limited window to do so in over 23 states. It’s an opportunity for qualifying sellers to eradicate back sales/use and income/franchise tax liability, and get compliance up to snuff. Here’s a mini lesson about the Multistate Tax Commission Online Marketplace Seller Voluntary Disclosure […]

State Tax Group, LLC selected for 2017 Dallas Small Business Excellence Award

FOR IMMEDIATE RELEASE State Tax Group, LLC selected for 2017 Dallas Small Business Excellence Award Dallas, TX – September 20, 2017 — State Tax Group LLC has been selected for the 2017 Dallas Small Business Excellence Award in the Accountants classification by the Dallas Small Business Excellence Award Program. Various sources of information were gathered […]

State of Texas Suspends Hotel Occupancy Taxes

As vacation season came to a close in August 2017, Mother Nature punctuated the end of summer with a disaster, called Hurricane Harvey. Streets and many homes where flooded and uninhabitable, driving people from their homes. Thus, Governor Abbott extended the state and local hotel occupancy tax exemption for hotel guests affected Harvey’s torrential flooding […]

Income Tax or no Income Tax?

What a great rhetorical question! It’s especially apropos to ask while you comb through tax forms this year. Seven states in America currently don’t have income tax – Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming. New Hampshire and Tennessee residents are also spared from forking over a portion of their paychecks on tax […]

Incentive Programs in Effect Lower the Cost of Oil and Gas Production

     State severance taxes’ reduction or elimination provides operators an economic incentive to undertake activities that produce oil and gas resources that otherwise might remain undiscovered. Black gold. Texas tea. Back in the 1980s’, The Lone Star state realized that incentives to increase the state’s oil and gas production were significantly valuable.  Economic studies have shown […]

You Have Been Selected For Sales Tax Audit

Oh no! You’ve just received a notice from your state government, informing you that your business has been selected for a sales tax audit. Even if you’ve knowingly paid all your taxes, an audit is still an incredibly time consuming and stressful process. Upon receiving your notification of a sales tax audit, tax departments and […]