FUN TAX FACT FRIDAY

FUN TAX FACT FRIDAY…
In 2005, the state of Tennessee introduced a “jelly bean tax.” Candy-coated items like jelly beans were subject to sales tax, but if the candy coating was removed (like with chocolate bars or gummies), they were tax-exempt. This led to some confusion about which candies were taxed, making for a truly sticky tax situation!

IRS TAX TIP

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