State & Local Tax Newsletters
- Home >
- Tools & Resources >
- State & Local Tax (SALT) Newsletters
Scroll down to view our State Amnesty alerts.
Every month, the State & Local Tax -- or "SALT" -- team at Tronconi Segarra & Associates publishes an electronic newsletter that focuses on timely state, local and sales & use tax information from all 50 states that could have an impact on your business. Currently, many states are increasing efforts to identify companies that are not paying or underpaying taxes that the states believe are due to them. Through the monthly electronic newsletter, our SALT team members will help you stay up-to-date with ever-changing compliance issues, the variety of compliance solutions that are available, and which solutions are most viable depending on your company's circumstances.
If you would like to subscribe to the Tronconi Segarra & Associates monthly State & Local Tax electronic newsletter, please send an email to Info@tsacpa.com and provide your email address so that you can be added to our mailing list.
To read recent issues of the SALT newsletters, please click on the links below.
August 2010
State Amnesty Programs At-a-Glance
| State | Amnesty Period | Benefits |
| District of Columbia | August 2 - Sept. 30, 2010 | Penalties waived |
| Florida | July 1 to Sept. 30, 2010 | 25 or 50% Interest¹ & Penalties waived |
| Illinois | October 1 to Nov. 8, 2010 | Interest & Penalties waived |
| Kansas | Sept. 1 to October 15, 2010 | Interest & Penalties waived |
| Nevada | July 1 to October 1, 2010 | Interest & Penalties waived |
| New Mexico | June 7 to Sept. 30, 2010 | Interest & Penalties waived |
| Oklahoma | TBD | Interest & Penalties waived² |
| Wisconsin³ | ends Sept. 30, 2010 | Sales Tax, Interest & Penalties waived |
¹ 50% interest reduction if you are reporting a tax liability previously unknown to the Department of Revenue or are responding to a Letter of Inquiry, self-audit or self-analysis. 25% interest reduction if you are responding to a bill, delinquency, audit, or other assessment issued by the Department of Revenue.
² Out-of-state retailers will not have to remit use tax on sales made to purchasers in Oklahoma prior to registering under this initiative.
³ Streamlined Sales Tax amnesty program does not include use tax due on purchases or any other taxes.