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BLOG ROUNDUP
July 31, 2007
A few notable tax and business blog posts today:
The California Tax Attorney Blog has a good introduction to IRS Guidance.
Don't Mess With Taxes rounds up the various state sales tax holidays. Don't forget Iowa's is Friday and Saturday; here is the Iowa Department of Revenue's sales tax holiday page with the details. The basics:
* Exemption period: from 12:01 a.m., August 3, 2007, through midnight, August 4, 2007.
* No sales tax, including school and local option sales taxes, will be collected on sales of an article of clothing or footwear having a selling price less than $100.00.
* The exemption does not apply in any way to the price of an item selling for $100.00 or more.
* The exemption applies to each article priced under $100.00 regardless of how many items are sold on the same invoice to a customer
The Iowa Banking Law Blog has the latest on new Bank Secrecy Act rules.
And don't forget to check out IowaBiz.com every day. Good recent posts include Brett Trout on trademark basics, Rush Nigut on electronic discovery (no, it's not what happens the first time you stick a fork in a socket), and Mike Sansone on owning your own name, or at least its internet address.
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The items included in the Tax Update Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation.
Joe Kristan writes the Tax Update items, and any opinions expressed or implied are not neccesarily shared by anyone else at Roth & Company, P.C. Address questions or comments on Tax Updates to
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