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Insights

The Power of Flour

Picture this. You are in line to check-out at you local grocery store and you find yourself wanting a sweet treat. Be sure to reach for Kit Kats or Twix, instead of Reese’s Peanut Butter Cups or Snickers -- that is, if you want to have a tax-free treat. Why is this? The answer depends on one of its ingredients - flour.

Since Kit Kats and Twix contain flour, they are defined as a grocery item and not a candy item. According to one article, "In most states, anything with flour is considered a grocery, and therefore not taxable."

Vertex Inc. helps automate sales and use tax compliance for small to medium-sized businesses. By enabling calculations and returns in a single, cloud-based solution, offering flexible service levels and featuring attractive pay-as-you go pricing with no upfront fees, Vertex Inc. meets the sales and use tax automation needs of growing businesses.

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