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
Related
July 6, 2026
Illinois Sets New Tax Collection Record
Illinois took in more than $56 billion in revenues during fiscal year 2026
Read More
Related
July 6, 2026
NFIB California Main Street Minute, July 6-10
Legislature on recess, ballot initiatives, and Action Alert lead off the news
Read More
Related
July 1, 2026
NFIB Reacts to Newly Passed $60.7 Billion New Jersey State Budget
The $60.7 billion spending plan the largest in the Garden State’s history.
Read More
Related
July 1, 2026
NFIB Urges Congress to Stop Tax Hikes on Small Business During U.S. Senate Hearing
NFIB legal expert Beth Milito testifies about how reducing tax burdens can facilitate growth in the small business economy.
Read More