Serving Lincoln County for more than a century!
Serving Lincoln County for more than a century!
New legislation is unleashing a slew of new sales taxes on services, courtesy of Senate Bill 5814, designed to plug a self-inflicted budget black hole at the expense of hardworking entrepreneurs.
From freelance IT consultants to mom-and-pop temp agencies, the ripple effects of this 6.5% (plus local add-ons up to 10.5%) tax increase on previously untaxed services like advertising, security and software development is already proving catastrophic.
More than 90,000 businesses must now scramble to comply, but it’s the little guys, those with razor-thin margins and no army of accountants, who will...
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