Convey Compliance Systems Inc., a leader in nonwage tax compliance services, is launching the industry’s first Tax Reporting Best Practices study. By devoting a few minutes to our survey, you aid in the aggregation of valuable benchmark information from the best sources available: the tax professionals that make up our industry. Participants will complete a […]
Taxware releases the Official 2014 List of State Sales Tax Holidays. Every year, many states participate in Sales Tax Holidays intended to boost economic activity. Many of these holidays take place during the back-to-school shopping season. It is important to note that sales tax holidays frequently apply only to certain types of purchases and that […]
The Michigan legislature recently passed H.B. 4831. Effective March 14, 2014, the bill exempts from sales tax over-the-counter (OTC) drugs purchased pursuant to a prescription. Although true for sales tax, H.B. 4831 does not equally exempt the purchase of OTC drugs from use tax. While this might seem like an innocuous distinction, this lack of unity […]
Microsoft Dynamics’ business solutions have long offered their customers customizable, user-friendly ways to better manage their end-to-end company processes. Manufacturing or retail, e-commerce or the public sector, Microsoft Dynamics is increasingly compelling for businesses to better manage and meet company goals. In an effort to best accommodate this exciting and fast-growing ERP, Taxware is […]
Retailers with business operations in the United States and around the world rely on Taxware’s products and services to ensure they are in compliance with the latest legal, regulatory, and policy changes. Our team of tax experts maintains the accuracy of millions of taxability rules (which include rates, product taxability, place of supply rules, rounding […]
2014 North Carolina Sales Tax Changes The new year has brought with it significant sales and use tax changes in North Carolina. Last summer Governor Pat McCrory signed into law a comprehensive tax reform package that was passed by the North Carolina General Assembly. The reforms lowered the state income tax while also subjecting a […]