Tax & Accounting Blog

Texas Adds Three Combined Tax Areas Effective January 1st 2016

Texas Adds Three Combined Tax Areas Effective January 1st 2016

Effective January 1st, the following three combined tax areas are recognized by the state of Texas: Forney/Kaufman County Development District Killeen/Salado Public Library District Niederwald/Caldwell Hays Emergency Services District No. 1-A This brings the total number of combined tax areas in the state of Texas up to 40. Combined tax areas are “unique areas where … Read More

South Africa on Track to Implement Country-by-Country Reporting

South Africa on Track to Implement Country-by-Country Reporting

On December 23, 2014, South Africa’s Davis Tax Committee (“DTC”) released a First Interim Report on BEPS (the Report) for public comment. The DTC was formed by the Minister of Finance on July 17, 2013 to “evaluate the South African tax system against the international tax trends, principles and practices, as well as recent … Read More

Should Indonesia Join the Trans-Pacific Partnership Agreement?

Should Indonesia Join the Trans-Pacific Partnership Agreement?

During a meeting with the U.S. President Barrack Obama at the White House last October, the President Republic of Indonesia Joko Widodo – known domestically as Jokowi – stated that Indonesia intends to join the Trans-Pacific Partnership (TPP) Agreement.  “Indonesia is an open economy and with a population of 250 million, we are the largest … Read More

Use Custom Tax Codes for Integration with UltraTax CS and GoSystem Tax RS

Use Custom Tax Codes for Integration with UltraTax CS and GoSystem Tax RS

In Accounting CS, tax codes are a set of predefined groupings that are assigned to accounts. After assigning tax codes, you can generate reports in Accounting CS that list combined account totals for each tax code. You can also use tax codes to export amounts to other tax applications, such as UltraTax CS or GoSystem Tax … Read More

How to Integrate Your Accounting CS Data with UltraTax CS and GoSystem Tax RS

How to Integrate Your Accounting CS Data with UltraTax CS and GoSystem Tax RS

Integration with UltraTax CS: Accounting CS is designed to streamline your workflow by providing integration with UltraTax CS. You can use the Accounting CS Import dialog in UltraTax CS to retrieve the general ledger account balances from Accounting CS into the client’s tax return in UltraTax CS, reducing the need for manual data entry. In UltraTax CS, open … Read More