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New York has enacted legislation, effective in full force as of today, 10/28/13, called the “Superstorm Sandy Assessment Relief Act.” For taxpayers whose real property lost value due to Superstorm Sandy, the legislation allows assessment reductions for improvements. Depending on the percentage of the value lost, values could be reduced by anywhere from … Read More
The Indiana Department of Revenue has issued its annual update of Departmental Notice 1 which announces rates of county income tax for withholding purposes. If you have a business location in Indiana and are asked by an Indiana resident to withhold Indiana state income tax on retirement plan distributions from pensions or annuities, or IRA … Read More
If your company makes Oklahoma state income tax withholding deposits and files reports to the Oklahoma Tax Commission – such as for state tax withholding on taxable distributions and non-periodic payments from qualified retirement plans, life insurance products or commercial annuities – take note that the Commission has switched these on-line services from the QuickTax … Read More
New York – According to the latest ONESOURCE Indirect Tax rate report from Thomson Reuters, U.S. indirect tax changes are on the rise. There were 208 U.S. tax code changes made in Q3 2013, up from 146 in Q3 2012. In addition, the total number of state, county, city and transit sales tax rate increases … Read More
Filing Changes for 2013 The 4 year phase-in of local taxation on personal property for mobile telecommunication companies has been fully reached. In the current assessment year, which began October 1, 2012, and each assessment year hereafter, mobile telecommunications companies must file a declaration in which 100% of the total value of their … Read More
New York, October 10, 2013 — Thomson Reuters today announced the successful completion of the Oracle E-Business Suite 12.2 beta program. Based on the company’s long-standing membership in Oracle PartnerNetwork (OPN), Thomson Reuters participated in the beta program for its ONESOURCE Indirect Tax solution, which is designed to enable mutual customers to immediately upgrade to … Read More
