Tax & Accounting Blog

MISSOURI CONSIDERS REPLACING INCOME TAX REVENUE WITH SALES TAX

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

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

Medical Device Excise Tax: Achieving Compliance with Confidence

Medical Device Excise Tax: Achieving Compliance with Confidence

Writte by guest blogger: David Emmons, CPA, CMI at Thomson Reuters Complying with indirect taxes is a legal mandate that is not core to a business, yet the operational outlay is great. On January 1, 2013, indirect tax compliance for medical device manufacturers will get even more complicated, burdensome and expensive. Passed as part of the … Read More

Buffalo Wild Wings Host Sales Tax Party in Ohio

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