Personal protective equipment now taxable in Virginia
VIRGINIA – If your company’s still providing workers with masks and other personal protective equipment (PPE) due to COVID-19, those purchases are now taxable.
Here’s why: The temporary sales and use tax exemption for qualified PPE purchases by businesses expired on March 24, 2022.
Since Virginia’s no longer under a state of emergency and all COVID-related legislation has expired or been repealed, the tax exemption is also invalid.
Any PPE purchases made on or before March 23, 2022, still qualify for the exemption, however.
Free Training & Resources
Webinars
Provided by Yooz
Further Reading
President Biden is calling for wealthy Americans and corporations to pay more in taxes. The president outlined a number of changes he belie...
The metropolitan areas where employers and employees want to settle are in flux this decade. COVID-19 accelerated the flexible on-site ...
States are always looking for ways to attract new businesses and prevent existing ones from pulling up stakes. Lowering corporate taxes is ...
The last few months of weather’s taken a toll on homes and businesses in many parts of the country. To lighten the load a bit, the IR...
The IRS is about to put all of the the funding, personnel and technology advantages it now enjoys to use. Count on an upswing in audits of ...
The IRS is extending an olive branch to businesses that received tax credits related to COVID-19 in error. The tax cops are launching a ...