Between the Lines Blog

Act 465 of 2017: Sales and Use Tax Exemption for Repair and Replacement of Manufacturing Machinery and Equipment
Category: Tax
Senate Bill 362, signed into law on March 13, 2017 as Act 465 of 2017 (“Act 465”), will significantly reduce the sales and use tax burden on most Arkansas manufacturers once fully phased in by 2022. Act 465 provides for a gradually increasing refund over the next five years for sales and use tax…
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Understanding Social Security
Category: Tax
Over 65 million people in 2015 received some form of Social Security benefits. Approximately 61% of aged beneficiaries received at least half of their income from Social Security in 2014. Social Security is more than just a retirement program. Its scope has expanded to include other benefits as…
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