Tax & Accounting Blog

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

New Canadian Withholding Tax Documentation Requirements

New Canadian Withholding Tax Documentation Requirements

The Canada Revenue Agency (CRA) has changed its procedures for determining whether non-residents can claim a reduced rate of withholding tax under a tax treaty. Background Canada imposes a 25% withholding tax on certain types of Canadian source income paid to nonresidents of Canada.  Residents of countries with which Canada has a treaty may be … Read More

ONESOURCE Property Tax Announces September Release

ONESOURCE Property Tax Announces September Release

Thomson Reuters is pleased to announce the September 2013 release of ONESOURCE Property Tax. This release includes many enhancements to the Workflow Center as well as many other exciting upgrades. Additional features and enhancements include the following: Navigation and Cross-Center Tools Defined Views: Increased speed has made the define view process more efficient. Added Checkbox: A … Read More

Delivery Of Notices By Certified Mail In Texas

Delivery Of Notices By Certified Mail In Texas

Texas has recently passed legislation that adds new requirements to the processes of mailing property-related notices. 1.       Notice of Representation By Agent Effective September 1, 2013, recently passed legislation states that a designated agent of a property owner can rescind his or her representation by mailing a notice of revocation by certified mail to the … Read More

Montana Gives Property Tax Relief To Those Affected By Wildfires

Montana Gives Property Tax Relief To Those Affected By Wildfires

The Montana Department of Revenue encourages Montana property owners and businesses whose homes, outbuildings, forestland, buildings, or equipment are damaged or destroyed during wildfire season to apply for property tax relief. Tax relief may also be provided to property owners or businesses whose assets are partially or completely destroyed by wildfire and are no longer … Read More