Fireworks Sales Are Exploding, So Are Tax Compliance Duties

The week in state tax news: Fireworks merchants love the financial reward they reap each year during the Fourth of July, but not the tax compliance headaches that come with it. Meanwhile, Louisiana’s governor vetoed a bill phasing out the corporate franchise tax, and lawmakers in California and Wisconsin pushed out budgets just before their fiscal years start on July 1.

The Fourth of July weekend arrives with both a bang and a whimper for the operators of Superior Fireworks LLC, an Orange Park, Fla., retail and wholesale fireworks merchant that sells and delivers pyrotechnics across the country.

There’s ...