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News

Topicz comes in at #16 in Convenience Store New’s Top 20 Wholesaler’s list

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Topicz Article in Food & Drink Magazine

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Cincinnati-made hot sauce gets picked up for distribution

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Topicz featured in Supply Chain World Magazine

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Topicz featured in Food and Drink International Magazine

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Tobacco Tax Legislation Update

Tobacco Tax Legislation Passed As of June 28, three states have enacted either cigarette and/or tobacco tax rate increases or decreases. The new tax law changes and the respective effective dates are as follows: Kentucky: House Bill 361 was passed and signed into law which lowers the state tax on chewing tobacco to $.19 per Read more…

Windows XP will NO LONGER be supported by Topicz

To our valued customers using the Opticon scanner and Windows XP computers.

As you may already know, during April of 2014, Microsoft discontinued support of Windows XP. On July 15 2014, Oracle is scheduled to release an update to Java without Windows XP support.

As a result of these changes, the Opticon scanner may/will no longer work, preventing you from placing an order with a Windows XP computer.

We strongly recommend that you immediately acquire a PC that is operating with Microsoft Windows 7 or Windows 8.

Our Technical Support Team is ready to assist you with the Opticon scanner setup.

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Obama 2015 Budget Repeats Proposal for Federal Cigarette and OTP Tax Rate Increases

Today, President Obama released his proposed Fiscal Year 2015 federal budget that includes a $.94 per pack increase in the federal cigarette tax rate and a proportionate 93% increase in all other tobacco tax rates. Each of these tax rates would be annually adjusted upward by an inflation index. The additional cigarette and OTP tax revenue would fund pre-school education programs for four years olds in low income families. Read more…

OWMA E-NEWS

OWMA E-NEWS Ohio Wholesale Marketers Association OWMA received confirmation on Friday that the Governor’s mid-biennial review (MBR) will be introduced on Tuesday, March 11th and will include a $1/pack increase in the cigarette tax. There will also be an increase in the OTP tax, likely taking it to 55%, and we’ve been told to expect the package to include a tax on e-cigarettes. No details are known yet about the proposed e-cigarette tax. The cigarette/tobacco/e-cigarette taxes, an increase in the commercial activities tax – taking the CAT from .26% to .30% – and severance taxes on drilling are all intended to help fund another income tax cut. Read more…

The Economic Impact of a 40¢ per pack Cigarette Tax Hike in Kentucky.

Kentucky is considering a 40¢ per pack cigarette excise tax increase. This would take the cigarette tax from the current 60¢ per pack to $1.00 — a 67% increase. At a $1.00 per pack, the Kentucky tax would be much higher than border states, Illinois ($1.98), Missouri (17¢), Tennessee (62¢), Virginia (30¢), and West Virginia (55¢). The increase would put Kentucky retailers — particularly those on the borders — at risk for great economic damage. Read more…

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