Tax & Accounting Blog

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November 2014 Sales & Use Tax Rate Update

The month of November has historically had few rate changes. This is good news for consumers and vendors alike. As the economy continues to grow, there is an anticipation that taxing authorities will increase rates. Below please find the current rate changes. ALABAMA: Alexander City, City Sales/Use Tax 4.0% Butler, City Agricultural Sales And Use Tax  1.0% … Read More

Sales Tax Burden Remains Flat for U.S. Consumers and Businesses in Q3 2014

Sales Tax Burden Remains Flat for U.S. Consumers and Businesses in Q3 2014

NEW YORK, November 10, 2014 – The U.S. sales tax burden remained unchanged, while the number of indirect tax changes declined in the third quarter of 2014, according to the latest ONESOURCE Indirect Tax rate report from Thomson Reuters. Thomson Reuters quarterly ONESOURCE Indirect Tax rate report summarizes changes in sales, use and value added … Read More

[Video] SYNERGY 2014 Day 3 Highlights

[Video] SYNERGY 2014 Day 3 Highlights

Blog, ONESOURCE November 5, 2014

It’s already Day #3 of SYNERGY – we can’t believe the conference is over! In our final video, Irish McIntyre brings us an update of the first ever Taxologist Awards and reveals the location of next year’s SYNERGY conference! Head over to YouTube to watch the video and check out the winners of today’s awards … Read More

[Video] SYNERGY Day 2 Highlights

[Video] SYNERGY Day 2 Highlights

Blog, ONESOURCE November 4, 2014

It’s Election Day – and also Day #2 of SYNERGY 2014! We’re keeping up with the momentum of Day 1 after an exciting keynote, awesome opening video, and a great exhibitor reception. Irish McIntyre brings an update of the Innovation Lab and how attendees can shape the future of ONESOURCE. Don’t forget to check out … Read More

Ask an Expert: Sales Taxes on Professional Services

Ask an Expert: Sales Taxes on Professional Services

We recently received a question relating to the taxation of accounting services. Generally speaking, sales taxes are a transaction tax levied on the sale of tangible personal property along with enumerated services. While the common perception is that a sales tax is only imposed on the sale of tangible personal property, e.g. a table or … Read More