Magazine article from our research archive:
|
|
A survey of sales, use, and VAT tax solutions.
- Article from:
-
Tax Executive
- Article date:
-
July 1, 2007
- Author:
- Tobey, Charles
|
Copyright informationCOPYRIGHT 2007 Tax Executives Institute, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
As a business progresses through the growth cycle, from start-up to Fortune 100, there is a need to assess periodically the methods and systems used to comply with sales, use, and VAT tax laws. This need can grow as the company itself grows, from doing business in a single state to doing business in all states and internationally. With expansion, the costs of noncompliance--with taxes being imposed at 4.5 percent to 10 percent on the top line--can create tremendous financial (and reputational) exposure. If handled properly, the sales or VAT tax is generally collected from the consumer and does not become a liability of the business. If proper systems are not put in place, ...
|
Tax bills anger some county workers: Withholding change has some owing big
Charleston Daily Mail;
February 5, 2003 ;
KRIS WISE;
591 words
......said. IRS spokesman Chris Kearns said tax tables did change last January and that employers...with employers that they need to get new tax tables," Kearns said. "If we become aware of...possible that employers use the wrong tax tables when figuring out how much to withhold...
|
|
Tax headache for small business.
Australasian Business Intelligence;
May 19, 2005 ;
178 words
......Taxation Office's decision to release new tax tables. The two revised sets of tax tables for developers of payroll software were released...they will not know whether to use current tax tables or updated ones which include tax cuts included...
|
|
Income tax poser for small business owners.
Australasian Business Intelligence;
May 19, 2005 ;
179 words
......Taxation Office's decision to release new tax tables. The two revised sets of tax tables for developers of payroll software were released...they will not know whether to use current tax tables or updated ones which include tax cuts included...
|
|
New tax tables reduce number eligible for grants
University Wire;
January 18, 2005 ;
Jesly Mathew;
692 words
......Education set the new state and local tax tables to be used in calculating eligibility...eligible for a Pell Grant under current tax tables will lose their grants using the new...taxes the family pays each year. The new tax tables may reflect tax data from 2002, when...
|
|
Pell grants might drop for students
University Wire;
January 28, 2004 ;
Melissa Benton;
567 words
......would require a revision of all state tax tables, making about 84,000 students ineligible for federal funding. The tax tables help determine how much is awarded...Secretary of Education Rod Paige said new tax tables wouldn't decrease the Pell budget...
|
|
tax tables
A Dictionary of Accounting;
R. HUSSEY;
95 words
...tax tables Tables issued by the Board of Inland Revenue to employers to assist them in calculating the tax due...employers now calculate salaries, wages, and tax deductions by computer, using a program into which the tax tables are incorporated.
|
|
Revised tax tables for 2001.
The Kiplinger Tax Letter;
July 6, 2001 ;
55 words
...The revised tax tables for '01 have been issued by the IRS... reflect the one-half percentage point rate cut that took effect this year: Note that the...
|
|
FUZZY PELL GRANT MATH
The Boston Globe;
December 30, 2004 ;
430 words
......pay - a calculation that now uses 1988 tax tables. The Bush administration wants to use the most recent tax tables, saving about $300 million. On paper...4,050 a year. Using the more recent tax tables would make 90,000 students no longer...
|
|
Rule update reduces California's Pell Grant awards
University Wire;
January 6, 2005 ;
Shannon Eliot;
787 words
......Department of Education has announced updated tax tables to be used in determining Pell Grant...Department of Education attempted to update tax tables in recent years, various congressional...financial aid calculations. "Updating the tax tables ensures that Pell Grants are going to...
|
|
Money: Online Oracle - Will Temple win any converts?
The Independent - London;
May 20, 2001 ;
clare francis;
253 words
......available? Financial advice for individuals and businesses, tax tables, life assurance, calculators and a facility enabling you to...calculator to see if you have any potential liabilities. The tax tables are helpful if you need a quick reference point to check allowances...
|
|
Federal financial aid formula readjustment could cost students Pell Grants
University Wire;
December 2, 2003 ;
Marnette Federis;
649 words
......Education is required by law to update the tax tables used to compute financial aid," said...postpone the implementation of the newer tax tables." However, the current data reflect the...question is whether or not these state tax tables really reflect what families are paying...
|
|
Unexpected tax bonus for some employees.
M2 Presswire;
July 4, 2000 ;
370 words
......new lower tax amount. All the new tax tables can also be downloaded from the...The new weekly and fortnightly tax tables are available from newsagents carrying...employers want copies of the new tax tables, please call 13 28 66, Mr Carmody...
|
|
Boehner Urges Education Department to Update Pell Grant Eligibility Data...
U.S. Newswire;
November 22, 2004 ;
364 words
......warned. The Education Department uses IRS tax tables as part of its methodology for determining students' Pell Grant eligibility. The tax tables currently being used by the Department...Pell Grant eligibility. However, the tax tables were never again updated under the Clinton...
|
|
Employers: revised date to implement budget changes.
M2 Presswire;
March 6, 2003 ;
264 words
......asked to put into effect any consequent changes to codes and tax tables on the first pay day after 14 June 2003, backdated to the...providers are normally asked to implement any changes to codes and tax tables six weeks after the start of the tax year - on the first pay...
|
|
The Record, Stockton, Calif., Cathi Schuler Column.
The Record (Stockton, California) (via Knight-Ridder/Tribune Business News);
October 28, 2002 ;
686 words
......QuickBooks 99 users who rely on Intuit's tax tables for their payroll needs. Be advised that...software plus another $129 for the annual tax tables. Intuit also offers QuickBooks Premier...2002, you can now elect to receive your tax tables by mail on diskette or download them...
|
See all results.
Or, try our
Advanced Search.
|