Tax & Accounting Blog

Glendale Arizona Considers Plan B to Balance Their Budget

Glendale Arizona Considers Plan B to Balance Their Budget

Glendale officials have laid out a plan to cut $20 million in city government, if voters approve the November ballot measure  to repeal a sales tax hike, which went into effect 1 August 2012. The Arizona Republic reports “that the possible changes include cutting nearly a quarter of the city’s employees and shuttering two of the three … Read More

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Thomson Reuters ONESOURCE named Americas Tax Innovator of the Year

Last week, International Tax Review recognized Thomson Reuters ONESOURCE platform as Americas Tax Innovator of the Year at its seventh annual Americas Awards ceremony in New York. When asked why Thomson Reuters ONESOURCE was singled out for the award, Ralph Cunningham, managing editor of International Tax Review, said: “It is down to the impact … Read More

Colorado Springs Expands Tax Breaks to Attract Business

Colorado Springs Expands Tax Breaks to Attract Business

Colorado Springs’ Mayor, Steve Bach, has unveiled a new tax plan for the city featuring tax breaks for companies relocating to or expanding their operations within the city and “commercial aeronautical zone.” These breaks, which Bach called “economic vitality accommodations,” are only intended to be temporary changes to the city’s tax policy. The incentives include rebates for the city’s … Read More

Massachusetts Mayors Form Massachusetts Main Street Fairness Coalition

Massachusetts Mayors Form Massachusetts Main Street Fairness Coalition

There has been a lot of recent news about online retailers, Amazon specifically, beginning to charge sales tax on online purchases within select states.  Massachusetts is not one of those states and a group of Massachusetts governors have developed a coalition, The Massachusetts Main Street Fairness Coalition, to force them to apply sales tax in their state as … Read More