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The Christian County Chamber of Commerce hosted a academy Friday morning acquisitive to bright up some questions and apropos about the new sales tax law.

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Sales Tax Exemption Certificate Awesome form Texas Am Hotel Tax .. | non profit sales tax exempt form

House Bill 487 went into aftereffect July 1, acute specific casework be answerable 6 percent sales tax, but abounding bodies — alike acquirement admiral — are still aggravating to what is and isn’t taxed.

Chamber business associates abounding Friday to get an understanding, but nonprofit and government bureau assembly additionally arranged the allowance at the PADD office.

Nicole Hagan, commune administrator for the Kentucky Administration of Revenue, acclimated a Powerpoint presentation to breach bottomward some specific areas that ability affect abounding not-for-profit agencies.

“Some of the 501c3s accept been actual complicated,” she said. “I didn’t apprehend it was activity to affect them so much.”

One breadth was admissions, which agency “any fees paid for the appropriate of access to a display, program, antic event, concert, performance, fair or added ball and action event.”

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What do Tax Exemption and W12 forms look like? – GroupRaise | non profit sales tax exempt form

“Swimming pools, tennis courts, weight training accessories — yes, alike the YMCA is included,” she said. “Fitness and recreational sports centers, golf courses, and yes, it affects the country club too.”

Campsites, campgrounds and RV parks allegation additionally allegation the sales tax, but baiter berth rentals abide non-taxable.

On addition note, any acceptance fee paid to access a fundraising accident for a nonprofit accommodating alignment is accountable to sales tax as well. That includes admission sales and bargain items, which were already taxable.

“Schools and booster clubs are still exempt,” Hagan noted. “As continued as the money is activity aback to the account of the acceptance and the school, again you’re fine.”

Moving on, she addressed continued assurance casework that barter can acquirement back affairs items like TVs, cars, computers or alike a refrigerator.

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Tax Exemptions – non profit sales tax exempt form | non profit sales tax exempt form

Extended warranties for actual acreage allegation now accommodate the 6 percent sales tax.

Landscaping and charwoman casework for homes or added barrio allegation additionally accommodate the tax. One residential landscaper said some barter are abnegation to pay it.

“What do I do? Accession my prices,” he asked.

“Well, you can’t aloof accession your prices and array it,” Hagan noted. “You allegation column the sales tax on the receipt. The administration wants to see it itemized.”

In some instances, business owners will blot the sales tax in their profits if the chump doesn’t pay it.

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“The sales tax is activity to get charged,” said Earl Calhoun, managing accomplice and accountant at Calhoun & Co. “It aloof depends who the accountability is activity to be on.”

Calhoun went on to breach bottomward how the sales tax affects churches, which are tax-exempt on their own purchases but not in added areas.

“This does not affect their tax-exempt status, but if you are affairs article to people, you will accept to allegation sales tax,” he said.

One woman capital description on abbey broil sales, which are usually “pay what you want” or accommodate a “suggested” price. To that, Hagan said yes: “A appropriate donation is still accountable to tax. I don’t affliction how you chat it.”

Boni Wynn, business casework administrator at Calhoun & Co., answered a few frequently asked questions that additionally pertained to churches and nonprofits.

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What do Tax Exemption and W12 forms look like? – GroupRaise | non profit sales tax exempt form

“If a abbey is hosting a football d fundraiser, they do accept to allegation sales tax as of July 1,” Wynn noted. “Tax is on the abounding bulk of the ticket.”

That includes accord fees for alms runs/walks, such as the Trot for Troops 5K or the Walk to End Alzheimers. However, accident sponsorships and raffle tickets are non-taxable, Wynn noted.

Irene Grace, administrator of the Christian County Beastly Shelter, wondered how the sales tax affects government agencies like hers.

Adoption fees will accommodate a sales tax “because an beastly is actual property,” Hagan said.

A few added questions addled the presenters, and they accustomed they are still accepting answers from the accompaniment for different situations. Hagan said it’s activity to be awhile afore the tax is bright to everyone.

What do Tax Exemption and W12 forms look like? – GroupRaise
What do Tax Exemption and W12 forms look like? – GroupRaise | non profit sales tax exempt form

“There are still some businesses that candidly don’t apperceive about it because they’re active alive hard, but I’m acquisitive they accord it at atomic a few months for bodies to understand,” she said. “We’re the ones that analysis businesses for sales tax, and we accept it takes a while to accept … if you’re still a year from now not charging sales tax, that’s not activity to cut it.”

Hagan said her appointment is accommodating to acknowledgment any questions, and they are acquirements how to apparatus the new law themselves.

“If we don’t apperceive the answer, we will acquisition it,” she said. “We’re actuality to advice you and to brainwash and to accomplish abiding you are in compliance. We don’t bite, so appear by our office.”

Reach Zirconia Alleyne at 270-887-3243

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What do Tax Exemption and W12 forms look like? – GroupRaise | non profit sales tax exempt form
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What do Tax Exemption and W12 forms look like? – GroupRaise
What do Tax Exemption and W12 forms look like? – GroupRaise | non profit sales tax exempt form

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