Tax & Accounting Blog

Texas Adds Three Combined Tax Areas Effective January 1st 2016

Texas Adds Three Combined Tax Areas Effective January 1st 2016

Effective January 1st, the following three combined tax areas are recognized by the state of Texas: Forney/Kaufman County Development District Killeen/Salado Public Library District Niederwald/Caldwell Hays Emergency Services District No. 1-A This brings the total number of combined tax areas in the state of Texas up to 40. Combined tax areas are “unique areas where … Read More

Congress Passes PATH Act

Congress Passes PATH Act

On December 18th, President Obama signed into law the eponymous Protecting Americans from Tax Hikes Act of 2015 (PATH). PATH extends several taxpayer-friendly provisions, makes some credits permanent, and delays some less ‘jolly’ provisions (while enacting some Scrooge-ish provisions of its own). This is a relatively large bill affecting many tax provisions; however several key changes … Read More

How to Ensure Successful Sales Tax Calculations on Free Shipping Day

How to Ensure Successful Sales Tax Calculations on Free Shipping Day

Are you a Taxologist? Are you responsible for ensuring successful online transactions this holiday season? By now you have survived pre-holiday sales, Black Friday, Cyber Monday, and even Cyber Week. You’re probably thinking, “Free Shipping Day – bring it, I’ve got this.” Hopefully this sounds like you! If so, keep doing what you’re doing. If … Read More