Taxes June 30, 2022
Although Wayfair was strictly a sales tax case, states have also begun to assert economic nexus for income tax purposes. Unlike sales tax, currently only a handful of states...
June 21, 2022
June 21, 2022
October 28, 2020
February 26, 2019
September 18, 2012
New features support all countries, currencies, taxes and accounting standards.
September 14, 2012
Benjamin Franklin said it first: the only certain things in life are death and taxes. In the case of accountants, though, he might have mentioned that the greatest risk is death during tax season. Forget about last minute changes to the tax code. Forget software updates, and clients without proper receipts, and identity theft, and...…
September 13, 2012
The IRS has added to the list of counties in Mississippi where victims of Hurricane Isaac can qualify for tax relief. After recent disaster declarations for individual assistance issued by the Federal Emergency Management Agency (FEMA), the IRS announced that affected taxpayers in Mississippi will receive tax relief, and other locations may be added in...…
September 12, 2012
Thomson Reuters announced today that Discount Tire has chosen the entire ONESOURCE Indirect Tax platform to manage its sales and use tax operations. “We expect to simplify our sales and use tax process with confidence and with more consistency than ever before by using ONESOURCE, a trusted tax platform used by Global Fortune 500 companies...…
September 10, 2012
The IRS has announced emerging or significant areas that it will prioritize for the coming year. When it comes to compliance, the IRS has increasingly focused on small business underreporting, which is responsible for 84% of the $450 billion tax gap.
September 7, 2012
RedGear Technologies, known for its TaxWorks professional tax preparation suite, is now offering tools that tax firms can provide to their clients.
September 6, 2012
A recent study showed that the average firm spends 66 days a year addressing client IRS issues. Even for the simplest post-filing notices, it takes firms a total of almost 35 days a year – an average of more than three hours per notice – to research, understand, respond and follow up.
August 31, 2012
As tax season approaches, practitioners can expect the IRS to quickly expand its audit focus to flow-through entities, according to an IRS official.
August 30, 2012
CCH Small Firm Services holds live demonstrations of ATX 2012 at the Midwest Accounting & Finance Show.
August 21, 2012
The Santa Clara, CA water district commits slight, but potentially very costly error.
August 17, 2012
COMPANY DESCRIPTION The digital future has arrived and the accounting profession is changing rapidly. Professionals today have different needs, expectations and capabilities. In addition to accuracy, professionals need greater mobility, simplicity and speed. These needs place a premium on access to active intelligence, agile systems and integrated workflow solutions. This is precisely the value that...…
August 13, 2012
Beyond415 Added to Sage Accountants Network.