Tax & Accounting Blog

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September 2013 Sales & Use Tax Rate Changes

Back to school and more tax rate changes; among the changes for September 1, 2013 were: Rate Changes Alabama: Arab 5.0%; Arab Police Jurisdiction 2.5%; Marion 3.0%; Marion Police Jurisdiction 1.5%; Pelham 4.0% (for general, agricultural, and manufacturing sales and use taxes). Ohio: Ohio state 5.75%. New Authorities Indiana: Cloverdale 1.0% (prepared food and beverages). … Read More

onesource

Connect With ONESOURCE At Oracle OpenWorld

ONESOURCE will be highlighting our latest suite of tax and accounting solutions at Oracle OpenWorld September 22-26 in San Francisco. The Thomson Reuters ONESOURCE suite of tax and accounting solutions enables Oracle clients to bridge the gap between their financial systems and tax processes. Eliminate the burden of managing multiple sources of financial data. Leave … Read More

Delays To New Software Services Tax in Massachusetts

Delays To New Software Services Tax in Massachusetts

On July 31, 2013 a new software services tax on certain software purchases went into effect in Massachusetts. This new tax law applies to the sales and use tax reporting for “computer system design and to modification, integration, enhancement, installation, or configuration of standardized or prewritten software.” Due to heavy support for the repeal of … Read More