Tax News

Everyone Deserves a Boat – Wacky Tax Wednesday

February 3, 2016

One way to minimize costs is to purchase your vessel in a state with a favorable sales and use tax policy towards boats. It turns out that certain states exempt or partially exempt watercraft.

Vending Machines – Wacky Tax Wednesday

January 27, 2016

The first documented vending machine dates from 215 B.C. (you put in a bronze coin and received holy water from a machine at the temples of Alexandria, Egypt). Next came coin-operated pencil vendors, in 1076 A.D. China. Tobacco boxes appeared … Continued

Tread Lightly – Wacky Tax Wednesday

January 13, 2016

Many years ago, the sole of my boot fell off during a backcountry camping trip. This was no Wild moment of a boot going over the edge of a cliff. It was the slow separation of a sole from its … Continued

The MFA Domino Effect

December 22, 2015

The year 2015 came and went without federal action on remote sales tax. But one by one, states are enacting legislation enabling them to capture some tax revenue from out-of-state sales.

Jamie Oliver’s very own tax – Wacky Tax Wednesday

October 28, 2015

Celebrity Chef Jamie Oliver is urging the British government to levy a special tax on sugary beverages, telling MPs on the House of Commons’ Health Committee that such a tax would be “the single most important” step they could take … Continued