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Newsline

Our newsline provides the latest news from the IRS, due dates, reminders, and thoughtful insights on accounting and tax related topics

State Announces New GE Tax Surcharges Starting in 2019

11/10/2018

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New surcharges will be in effect on January 1, 2019 for taxpayers doing business on Kauai and the Big Island.  

Tip:  If you do business on these islands, keep records of your income for each island separately.  In QuickBooks this can be accomplished by having a separate income account for each island and a separate item if you use the QuickBooks invoicing feature.  Remember to pass on the correct rate when you tax your customers as well.

L&F Tax & Bookkeeping Services
1295 S. Kihei Road, Suite G
Kihei, HI 96753
(808) 419-7143
Fax (808) 427-3570

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