State and Local Taxes

The U.S. average combined sales tax rate increased marginally in the third quarter with an increase in the number of indirect tax changes, according to the latest ONESOURCE Indirect Tax report from Thomson Reuters.

As it stands now, each state has different thresholds in place for the amount of time an employee must work in the state before needing to file a non-resident tax return. Requirements run the gamut from one day to 60 days, and in some cases, taxation ...

The deduction for taxes claimed on Schedule A includes amounts paid for state and local income taxes such as the taxes withheld from your paychecks and any estimated taxes paid during the year. It also includes property taxes if you’re a homeowner.

Businesses that sell online or operate in multiple states can find it daunting to stay compliant with ever-changing regulations from a host of jurisdictions and taxing authorities. Vertex SMB’s tax calculation and returns platform helps CPA firms and ...

Avalara has just announced it will guarantee the accuracy of its sales and use tax calculations. Avalara is the first in its industry to offer such a promise. The company makes cloud-based solutions for sales, use, VAT and other transactions.

Bloomberg BNA has released a new edition of Unclaimed Property, its Tax Management Portfolio providing in-depth analysis and practical insights from prominent practitioners on escheatment and unclaimed property laws.

Large corporations with armies of attorneys and accountants excel at taking advantage of tax credits and finding cost saving elements within a specific industry. Yet smaller companies tend to self-censor, assuming they don’t qualify.

OSCPA’s efforts were recently recognized by the American Society of Association Executives (ASAE) with a Power of A Gold Award. The Power of A Awards recognize a select number of organizations annually that distinguish themselves with innovative ...