Latest Articles

 IRS Allowed Up to $167 Million in Questionable Fuel Tax Credits

November 13, 2014 

IRS Allowed Up to $167 Million in Questionable Fuel Tax Credits

The Internal Revenue Service (IRS) may have allowed approximately $167.7 million in questionable fuel tax credit claims between 2011 and 2013, according to a new study released publicly today by the Treasury Inspector General for Tax Administration (TIGTA

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November 12, 2014 

IRS Grants Taxpayers More Leeway on IRA Rollovers

Once the Tax Court ruled against a taxpayer in a controversial interpretation of the “once-a-year” rollover rule for IRAs, the IRS was only too willing and eager to jump on the bandwagon. But at least it delayed enforcement of the ruling until January 1, 2015. Now, under new guidance just issued by the IRS, procrastinators...…

Ken Berry, JD

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November 12, 2014 

Avalara Raises $100 Million in Financing

Avalara, a provider of cloud-based software for sales tax and other transactional tax compliance, has raised $100 million in a financing round from an affiliate of Warburg Pincus, a global private equity firm focused on growth investing.

Isaac M. O'Bannon