What is the Texas Sales & Use Tax? – Specialist R&D Tax Advisors

What is the Texas Sales & Use Tax?

What is the Texas Sales & Use Tax?

By Eloise Hewson

Posted February 5, 2016

In Federal, R&D Training Videos, Workshop

Texas imposes a state sales tax on all retail sales, leases and rentals of most goods, as well as taxable services. This is known as the sales and use tax – commonly referred to as the pseudonym “transaction tax” – and is imposed on sellers and buyers.

In our latest video, discover the process of claiming the R&D Tax Credit in Texas through sales and use tax in under three minutes.

Watch on YouTube: https://www.youtube.com/watch?v=30_Qk-c5vYE

Want more quick video tutorials like this?

Check out our series so far:

Learn what the R&D Tax Credit is in less than 4 minutes

3 Minute Video Guide on the IRS Four-Part Test

An Introduction to Amended Returns, Working Through Universities & State Credits

Swanson Reed is a specialist R&D tax firm and has helped many clients across a diverse range of industries. Contact us for more information on how we can advance your company’s market value and boost its bottom line through the Research and Development Tax Credit.

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   The Team at Swanson Reed are very experienced R&D Tax Advisors and gave us ongoing support with all of our R&D Claims, the consultants ensured we were always working with current legislative guidelines, gave us assistance with compiling technical and government documentation and went out their way to ensure they were with us for the entire process from beginning to end.  Highly recommended to anyone who needs assistance with working through what can at times be a daunting process.
  
 
 
       
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