Tax & Accounting Blog

Four times a year, on a quarterly basis, Missouri Department of Revenue announces a new batch of local taxing jurisdictions.  “Community Improvement Districts” and “Transportation Development Districts” tax areas, which are the most common by far, are typically quite small in size, often ranging from just one business address to a handful in a single … Read More

  After extending the moratorium on internet taxation multiple times, congress has finally voted to make the ban on state and local taxation of internet access permanent. See H.R. 644 – Trade Facilitation and Trade Enforcement Act of 2015. The moratorium was originally signed into law in 1998 with a grandfather clause allowing several … Read More

Does your direct tax process need “shaping up” in 2016? If so, we have a framework for your tax department’s new year’s resolution. Let’s put it this way: Direct tax is like building a structure. It’s a long process to take individual building blocks like steel (or in our case, data) and ensure they’re ready-to-use … Read More

Everyday throughout the country many communities are in discussions over annexing nearby parcels of land or unincorporated towns and holding council meetings on a regular basis.  However, it is not always a lock that residents of such places wish to be annexed into neighboring cities.  Although access to public services may be a perk to some, paying new local … Read More

Effective March 1, 2016, the state of North Carolina will be increasing the number of service transactions subject to Sales and Use Tax. The Current Operations and Capital Improvements Appropriations Act of 2015 authorizes the fiscal year 2016-2017 annual budget, but also contains provisions affecting North Carolina Sales … Read More

This month in Utah, a panel of male law makers voted against exempting feminine hygiene products from sales and use tax. The so-called “tampon tax” is thought to be an additional economic burden on women.  Tampons and other feminine hygiene products are a basic necessity. Most states exempt basic necessities from tax – for … Read More