Month: November 2012

Re-electing the Status Quo- Some Fiscal Drag; No Recession

This week I would like to share an article distributed by Morgan Stanley Smith Barney created by Jeff Applegate, (Chief Investment Officer- Morgan Stanley Wealth Management) and Charlie Reinhard, (Deputy Chief Investment Officer- Morgan Stanley Wealth Management). Post election, the major challenge in Washington will be to steer the country away from the year-end fiscal… Read more »

Construction Sales Tax in Texas

Construction Sales Tax Picture

The complexity of various construction sales tax regulations makes tracking sales tax difficult and cumbersome.  However, the liability remains and states and local tax authorities are aggressive in auditing large construction projects due to the relative ease of collecting additional tax revenue.  Properly set-up, an accounting system should track all aspects of the construction sales… Read more »