Tax & Accounting Blog

Upcoming Webinar: ONESOURCE Indirect Tax: An Insider’s View to Avoiding Audit Exposure – What You Should Know!

Upcoming Webinar: ONESOURCE Indirect Tax: An Insider’s View to Avoiding Audit Exposure – What You Should Know!

Each time you enter a new market, launch a new product or service, or experience rapid sales growth, you increase your odds of being audited.  Coupled with the fact that states and local jurisdictions are more aggressively auditing companies to make up for federal funding shortfalls – you need to understand your audit exposure. Join … Read More

February 2014 Sales & Use Tax Rate Changes

February 2014 Sales & Use Tax Rate Changes

Rate Changes ALABAMA: AL – Excel,  2.0%; AL – Excel,  (Agricultural Sales and Use Tax) 2.0%; AL – Excel,  (Automotive Sales and Use Tax) 2.0%; AL – Excel,  (Manufacturing Sales & Use Tax) 2.0%; AL – Excel Police Jurisdiction, 1.0%; AL – Excel Police Jurisdiction, City (Agricultural Sales and Use Tax) 1.0%; AL – Excel Police Jurisdiction,(Automotive Sales and Use Tax) 1.0%; AL – Excel Police Jurisdiction, (Manufacturing … Read More

Ask An Indirect Tax Expert: The Difference Between Taxation on License Fees, Access Fees and Hosting Fees

Ask An Indirect Tax Expert: The Difference Between Taxation on License Fees, Access Fees and Hosting Fees

During a recent Sales Tax Rate Update webinar given by ONESOURCE Indirect Tax the following question was submitted by an attendee. Our tax experts have submitted their response below. Question: Distinguish the difference between the taxation on license fees, access fees and hosting fees; is there a difference. Also, explain the determining factors to analyze on … Read More