Tax & Accounting Blog

Shelby County Mayor Vetoes Sales Tax Increase For New School System

Shelby County Mayor Vetoes Sales Tax Increase For New School System

The Shelby County Mayor, Mark Luttrell, has vetoed a resolution by the Shelby County Commission to raise the county sales tax by 0.5%.  The county commission can vote to override his veto.  Residents of Arlington, Bartlett, Collierville, Germantown and Lakeland (communities in Shelby county) have already have voted to raise their sales taxes. They hope to create … Read More

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Your Questions Answered #1: SIC Codes and the Inherent Risks of Conducting IP Analysis

Following last month’s webcast “SIC Codes: Inherent Risks When Conducting IP Analyses,” dozens of transfer pricing leaders who attended asked key questions that we would like to share in a Q&A discussion. Follow us over the next few weeks as we address the most frequently asked questions on the complex topic of SIC Codes.  Q1: Why do analysts … Read More

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Kansas Department of Revenue announces changes to 2013 property tax interest rates

Tax payers in the state of Kansas will see changes in interest applied to various underpayments or late payments of property tax next year. Starting in 2013, the interest rate applied when a county collects interest on a taxpayer’s late payment of real or personal property taxes will decrease from 7% to 6% according to … Read More