Sales tax gradually going away on groceries in Kansas
Good news for those buying employees food or snacks in Kansas: The governor has signed HB 2106, a bill designed to eliminate the state’s sales tax on groceries by 2025.
The sales tax will phase out in stages. It’ll decrease from the current level of 6.5% to 4% by Jan. 1, 2023. Then, in 2024, the tax will be 2%. Finally, the sales tax will be 0% in 2025.
Be aware: Not all sales tax is going away. Although the state sales tax is disappearing for groceries, localities in the state will still be allowed to tax groceries. Also, prepared meals will still be taxed, though items like fruit and baked goods are subject to the decrease.
Free Training & Resources
Webinars
Provided by Yooz
Further Reading
Who says Democrats and Republicans can’t agree? A few weeks back, Donald Trump advocated for eliminating taxes on tips of workers in ...
The Internal Revenue Service has extended corporate, business and individual tax deadlines out to June 17 for San Diego, Detroit and dozens...
President Biden is calling for wealthy Americans and corporations to pay more in taxes. The president outlined a number of changes he belie...
After the flood of new e-commerce sales tax rules in the five years since the South Dakota v. Wayfair Supreme Court decision, this may be t...
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 metropolitan areas where employers and employees want to settle are in flux this decade. COVID-19 accelerated the flexible on-site ...