Ricky Brooker

My name is Ricky Brooker and I am a Tax Research Analyst for ONESOURCE, part of Thomson Reuters. I have a Bachaelors of Science in Economics from the University of Oregon and I have been working in transactional taxes for over four years. I research changes in sales tax rates for several states, tax laws and product taxability rules. Prior to coming to ONESOURCE, I worked in insurance and finance. The world of transaction taxes is constantly changing. While the thought of tax compliance can often be stressful for businesses, it makes for some interesting discussion points. I look forward to sharing my findings with you.

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Illinois Targets Gas Stations That Cheat on Sales Taxes

Illinois has been investigating gas station owners who withhold sales tax revenue for multiple-years. These efforts are beginning to pay big dividends for the state.  So far, the state has collected $72 million dollars in additional sales tax revenues, as a result of this project. They are currently charging 35 different gas station owners with sales tax evasion. … Read More

MISSOURI CONSIDERS REPLACING INCOME TAX REVENUE WITH SALES TAX

The Missouri Jobs and Prosperity Act aims at replacing corporate franchise taxes, bank franchise taxes, and state income tax with a sales tax increase. The individual income tax will be phased out and corporate income tax, corporation franchise and bank franchise taxes will be terminated immediately.  State sales and use tax would replace these lost revenues by … Read More

The City of Moore Tries to Add a Major Destination Park

Moore residents will have the opportunity to approve two ballot measures on November 6th that would create a major park transformation that could redefine how tourist would look at their city. The first proposition authorizes $25.1 million in funding to enhance a current park, which would essentially create a new major destination park. This enhanced park would feature a new … Read More

Buffalo Wild Wings Host Sales Tax Party in Ohio

Marion Community Neighbors Protecting Neighbors, a group supporting passage of a 0.25 percent sales tax increase in Marion County, hosted a fundraiser at Buffalo Wild Wings Saturday, October 6th. Attendees found out how to become involved in the “campaign to improve their friends’ and family’s safety and quality of life in the Marion community,” states a press … Read More