Most people involved with the horse racing industry already know about The Morning Line. If you're new to sport of horse racing, then the Morning Line will become an invaluable tool.
Local sales taxes are collected in 38 states. The five states with the highest average combined state and local sales tax rates are Louisiana (9.98 percent), Tennessee (9.46 percent), Arkansas (9.30 percent), Alabama (9.01 percent), and Washington (8.92 percent).
States like Delaware, Hawaii, New Mexico, South Dakota, and Washington tax most services. Still others, like Texas and Minnesota, are actively expanding service taxability. Your business must determine which services require sales tax collection, and capture variations in inter- and intra-state transactions.