Topics:
June 28, 2022
Important Tax Changes Taking Effect July 1
- Taxpayers will report sales and use tax on the same return and will only need one permit for both sales and use tax.
- Taxpayers will either file and pay monthly or annually, depending on the amount of tax collected.
- Monthly returns must be filed and the tax must be paid electronically.
- Semimonthly deposit payments are no longer required.
State:
Get to know NFIB
NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.
Related Articles
March 26, 2026
Passage of Tax Simplification Bill a Big Victory for KY Small Businesses
The measure had strong bipartisan support.
Read More
March 26, 2026
NFIB Urges LA House Committee to Support Sales Tax Amendment
The proposed state constitutional amendment would make things easier for small businesses.
Read More
March 23, 2026
Illinois House Committee Advances Bill to Give Unemployment Benefits to Striking Workers
The Illinois House Labor Committee voted to advance a bill that would give unemployment benefits to striking workers.
The measure, HB 2565 (Vella), would pe…
Read More
March 20, 2026
ICYMI: NFIB President Brad Close Joins the Radio on WSYR/Syracuse, WGY/Albany to Discuss the 20% Small Business Deduction
NFIB led the successful fight to make the federal Small Business Deduction permanent last year.
Read More