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January 10, 2019 

Despite the shutdown of the federal government, which has now dragged into its third week, the IRS expects to kick off the tax filing season on Monday, January 28. It will begin accepting both electronic and payer returns on that day.

January 10, 2019 

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January 10, 2019 

Transient occupancy taxes are levied on facilities that provide accommodations for customers. The obvious model is a hotel or motel. But that might be the only thing that’s obvious about these taxes. Like sales taxes, transient occupancy taxes ...

January 10, 2019 

More than five states will require out-of-state sellers to collect and remit sales tax starting January 1, 2019: Georgia, Iowa, Nebraska, Utah, West Virginia, and Washington, D.C. That same date, new sales tax collection requirements for marketplace facilitators will take effect in Alabama. States were once prohibited from taxing sales by businesses with no physical...…

January 10, 2019 

Your sales process for acquiring prospects may be the most important interaction you have with your clients throughout the life of the engagement, because this is the time to truly find out not only their needs, but how much they value the solution.

January 10, 2019 

EVAN combats these issues with a non-traditional approach. Dubbed “The Uber for IT support,” EVAN provides modern solutions for businesses’ most pressing IT needs. EVAN diagnoses problems in less than five minutes and resolves them in an average of 33 ...

January 10, 2019 

Small business owners are increasingly relying on the services of independent contractors as an integral part of their business. According to new research released today by Paychex, Inc., the growth rate of independent contractors peaked in August 2017 at 11 percent year-over-year, and while the growth has slowed since then (five percent in August 2018),...…

January 9, 2019 

The audit, tax and consulting services firm RSM US LLP has joined the Sheltered Harbor alliance partner community in both an assurance and advisory capacity. A not-for-profit subsidiary of Financial Services Information Sharing and Analysis Center (FS-ISAC), Sheltered Harbor is the industry standard for protecting and recovering customer account data in the event that a...…

January 9, 2019 

The determination of the correct safe harbor amount is further complicated for S corporation shareholders who elected under section 965(i) to defer their entire section 965 tax liability until the occurrence of a triggering event, Nellen wrote.

January 9, 2019 

The OECD, European Commission and others have been studying this for many years. The AICPA recently released a policy paper that explains the topic, issues and lists what some countries are doing or proposing. See AICPA Policy Report – Taxation ...

Annette Nellen

January 8, 2019 

Enhanced disclosures, along with related metrics, can promote important dialogue and deepen the understanding of audit quality, according to a new resource published by the Center for Audit Quality (CAQ). The Audit Quality Disclosure Framework assists ...

January 8, 2019 

There is no doubt that estate tax planners were giddy when the estate tax exemption was raised to $11.18 million. However, as part of TCJA, there are income tax implications to certain types of estate planning, that may help your clients. A non-grantor trust is an irrevocable trust. An irrevocable trust’s main purpose is to...…