This is a very common challenge for contractors. The CFMA tax committee has a project in development right now to help address this, to give specific guidance on contractor sales and use tax as well as other state taxes, fees, licenses, registrations, etc. for the members at a nominal price. This is a huge project being done by qualified individuals who are familiar with their particular state. It is getting very close to completion, but it is not there yet, so watch for it in the near future.
-------------------------------------------
Alan Clark CPA, MBA
Partner
Smith, Adcock and Company
Atlanta GA
(404) 252-2208
CFMA tax committee
-------------------------------------------
Original Message:
Sent: 10-20-2014 20:24
From: Ron Heemstra
Subject: Sales and Use Tax Rates
This message has been cross posted to the following Discussions: Sub Specialty Contractor and General Inquiries .
-------------------------------------------
We are a specialty sub and operate in numerous states. We currently subscribe to CCH for sales and use tax rates and regulations to help us with compliance. This option is somewhat expensive (about 2k per year), and we are looking for alternatives. What are others out there doing to get this information? I am looking for something that can give me both sales & use tax and give location options if the zip or city is located in more than one jurisdiction.
-------------------------------------------
Ron Heemstra
Controller
Interstates Companies
Sioux Center IA
(712) 722-1662
-------------------------------------------