by admin | Apr 22, 2024 | Blog
Financial management often grows more complex as small and medium-sized businesses expand. This critical stage is an opportune time to consider the benefits of an outsourced Chief Financial Officer (CFO). Opting for this route, rather than hiring a full-time...
by admin | Apr 18, 2024 | Blog
Sales – Lodging and Related Services Short-term lodging and related services are taxable. Lodging Rental Lodging is the rental of a room or rooms for a temporary place to stay or live. Lodging facilities must charge sales tax on short-term lodging and certain...
by admin | Apr 18, 2024 | Blog
Video Production This guide will help you determine which video products and services are taxable. There are many different kinds of video products and services, such as the following: Commercial videos Trade show videos Training videos Motion pictures Movies...
by admin | Apr 17, 2024 | Blog
Utility Exemptions Agricultural and Industrial Production Electricity, gas, steam or water used or consumed in agricultural or industrial production is exempt from sales and use tax if: It is necessary to produce a particular product; and It is in excess of the...
by admin | Apr 17, 2024 | Blog
Minnesota Use Tax applies when you buy, lease, or rent taxable items or services and the seller does not charge Minnesota Sales Tax. Individuals may buy up to $770 worth of taxable goods during the calendar year without paying use tax. If you buy more than $770 of...
by admin | Apr 17, 2024 | Blog
Minnesota Use Tax applies when you buy, lease, or rent taxable items or services for your business and the seller does not charge Minnesota Sales Tax. Use tax complements and is similar to sales tax. Use tax and sales tax rates are identical. You may owe use tax if...
