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All About Energy

3 Steps to Claiming Your Energy Sales Tax Refund in 2017

Eli Sachs Apr 14, 2017 12:25:31 PM
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It’s that time of year again, the end tax season. With income tax being on everyone's mind, having to pay out seems like a cumbersome burden, but tax may not be as bad as you think. Not with income tax, but with the sales tax on your energy bill.

Many businesses are paying between 5% to 8% for sales tax on the their electricity bill. You may not know it, but depending on the type of organization you run, you may be exempt for all or part of the sales tax and you may also be able to reclaim some of the tax that you've previously paid.

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How to Get a Sales Tax Refund On Your Energy Bills

Eli Sachs Oct 17, 2016 7:29:00 AM
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Does saving 5% on your energy bill interest you? What about 8%? No one wants to leave money on the table, but many businesses are doing just that by not understanding their exemption status of Sales tax on energy costs.

 

If your business is tax exempt, you can reclaim tax that you've previously paid and not pay tax in the future on your energy bills. Although each state is a little different, there are three main steps to getting your rebate.

 

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