Beginning January 1, 2008, local tax caps on single transactions will no longer apply when retailers collect city and county sales and use taxes. Since the caps no longer apply, retailers will collect the full amount of state, city, and county taxes on all transactions.
acÂ·credÂ·iÂ·taÂ·tion. (É-krÄdâ²Ä­-tÄâ²shÉn) n. The act of accrediting or the state of being accredited, especially the granting of approval to an institution of learning by an official review board after the school has met specific requirements.
What Does Certified Mean? Certification provides independent verification of a certain level of expertise in a particular area. Basically, it means you have completed the steps required to receive a particular designation. But this basic definition comes with a weakness--in some cases, individuals can become certified simply by paying a particular membership fee or by attending the required seminar. Such certifications are meaningless and a waste of time and money. Certifications that mean something are about achieving designations that demonstrate to your employer and/or clients that you are, indeed, an expert in a particular area or areas, and that a reputable, recognizable organization is willing to attest to that.