States look to the cloud for more revenue in 2015

With over 12,000 jurisdictions in the U.S. and hundreds of thousands of rule changes annually, sales tax is a moving target in the best of times. Managing sales tax accurately requires a level of expertise many companies simply don’t possess. And 2015 is shaping up to be an even thornier year for sales tax compliance.

In addition to the usual suspects—constantly shifting nexus rules, product and service taxability changes, etc.—states are working even harder to capture untapped sales tax revenue in 2015. One place they’re looking is the cloud.

Take software, for example. As computer technology has expanded from hardware to software to SaaS (software as a service), more companies are transferring data and operations to the Internet. While states have historically lagged behind with applicable sales tax rules, that is beginning to change. New Jersey taxes most cloud services and software, whereas Michigan has courts ruling to leave them non-taxable but a department of revenue that says otherwise. Have a compass and a crystal ball? Hope so.

How states define cloud services is even more complicated. Tennessee considers web conferencing a taxable cloud service. Idaho recently defined cloud-based software as only software that is delivered electronically. In Vermont, custom SaaS software is tax-exempt, whereas out-of-the-box software is subject to tax.

This is the tip of the iceberg when it comes to sales tax in the cloud. Be sure to check changes rules and rates by contacting the applicable departments of revenue. Or automate it and eliminate worry.

Learn more by reading the 2015 Sales Tax Survival Guide.

READ NOW

Winter is in full swing: A perfect time for the Marine Industry to evaluate software.

NOW YOU CAN HAVE IT ALL.
We know how difficult it is sometimes to find a business software to meet your industry needs. Computer Management, a leading provider of Sage 100 ERP in New England, is excited to have a solution to meet the needs of marinas, boatyards, and boat builders. This industry leading accounting system has the functionality that you need to run your marine operation more efficiently. With Sage 100 for Marine you can integrate your Customers, Vessels, Repair Orders and Inventory with your Invoicing and Accounting system.

Sage 100 ERP for Marine and CMS can deliver what you need—a fully integrated financial system linking all the critical sectors of your business:

Parts
Service
Repairs
Storage
Dockage & Moorings
Fuel Sales
Contracts-Summer and Winter

Sage 100 for Marine eliminates redundant data entry, reduces errors and increases efficiency. Centrally managed boat and owner details can make your marine facility more efficient and improve customer service.

Reduce your invoice processing time by about 20%. Better analyze the productivity of your workforce and have a pulse on your business that gives us up to date information quickly, letting you provide superior customer service.

Sage 100 for Marine can make your marina or boatyard a more efficient, profitable and productive marine facility. Attend our webcast and let us show you how you can bring your organization to the next level.

If you are a marine company in the USA and interested in learning more about Sage 100 ERP for Marine or would like to attend a free webcast on this exciting product, please contact Lisa Maxwell at 860-399-4215 x 216 or via e-mail at lmaxwell@cmsct.com.

2015 Sales Tax Survival Guide

Join us on Thursday, January 8 at 2pm Eastern to learn more a out Sales Tax for the New Year - New rules, new tools, new strategies.

Sometimes all you need are the right tools and the right information to make your business audit ready and compliant. 2015 has a lot of changes in store for sellers, manufacturers, distributors, service providers, and more. Give us one hour of your time and you'll learn how to prepare your business and maybe learn a few sales tax tricks from an industry veteran.

Join sales tax compliance expert Shane Ratigan and discover:

Why out of state companies (might) owe sales tax in states they never considered?

What big changes to product and service taxability mean to you?

How to ace the "nexus" quiz?

Why key states are making changes to their tax rules?

To attend this free event, contact Lisa Maxwell at 860.399.4215 x.202 or via e-mail at lmaxwell@cmsct.com.