Gross Receipts Explained: Definitions and State Examples for Businesses

Discover what gross receipts are, their tax implications, and how they are calculated across different states, with practical examples from Texas and Ohio.
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Nevada should replace its gross receipts tax with something better but it won’t

A group of people with no plan to ever fix a severely upside down state tax structure in which the less you make, the more of your income you pay in taxes. (Photo: Richard Bednarski/Nevada Current) ...

Repealing LA’s harmful gross receipts tax is not a ‘tantrum,’ it’s a necessity

Supporting the repeal is not about indulging a tantrum; it is about aligning our tax system with economic reality and giving ...
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Albuquerque City Council considers raising gross receipts tax

ALBUQUERQUE, N.M. – Albuquerque City Council is considering a proposal to raise the city’s gross receipts tax by 0.4875%, potentially generating an extra $130 million annually. City Councilor Brook ...
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Nevada should replace its gross receipts tax with something better but it won’t

Add Yahoo as a preferred source to see more of our stories on Google. A group of people with no plan to ever fix a severely upside down state tax structure in which the less you make, the more of your ...