Tax & Accounting Blog

Thomson Reuters Report: Number of Global Indirect Tax Changes Increases 62 Percent in Q3

Thomson Reuters Report: Number of Global Indirect Tax Changes Increases 62 Percent in Q3

New York, November 14, 2012 – Worldwide, there were 62 percent more indirect tax changes in the third quarter of 2012 than there were during the same period in 2011, according to the latest ONESOURCE Indirect Tax rate report from Thomson Reuters. There were 525 tax code changes in Q3 2012, compared with 324 in … Read More

Extensions Granted Due To Hurricane Sandy Remain In Place

Extensions Granted Due To Hurricane Sandy Remain In Place

Connecticut Commissioner of Revenue Services Kevin Sullivan has advised state taxpayers that the previously announced extension of state tax deadlines due to Hurricane Sandy through the end of the business day on November 7, 2012 remains in place. State tax deadlines will not be affected by any Internal Revenue Service (IRS) extensions for federal tax … Read More

Connecticut Governor Issues Another Executive Order Due To Hurricane Sandy

Connecticut Governor Issues Another Executive Order Due To Hurricane Sandy

Due to Hurricane Sandy, Connecticut Governor Dannel Malloy has issued Executive Order 26 dated October 31, 2012, which extends the tax filing deadline from October 31, 2012 to November 15, 2012 for those that pay property taxes on a quarterly basis. Municipalities may not assess interest on the amount due if the payment is received … Read More