Accounting

 Congress Releases Goals of Potential Internet Sales Tax Law

September 23, 2013 

Congress Releases Goals of Potential Internet Sales Tax Law

On Thursday, the House Judiciary Committee released basic principles pertaining to the issue of Internet sales tax. To develop these principles, the Committee received input directly from taxpayers, industry and trade groups, and representatives of state and local governments.

 Thomson Reuters Simplifies Audit Workflow with New Tool

September 20, 2013 

Thomson Reuters Simplifies Audit Workflow with New Tool

Thomson Reuters announced the release of a new audit tool onto its online platform Thomson Reuters Checkpoint. PPC’s SMART Practice Aids – Audit Essential provides audit professionals with the essential tools and functionality needed to conduct audit engagements.

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September 19, 2013 

Report: Household Incomes Lower Than Before Recession

More than three years after the recession ended, most households are earning less than they did before it began. In fact, most households had less inflation-adjusted income last year than before the 1990-1991 recession.

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September 18, 2013 

Swiss Banks to Turn Over Info on U.S. Accounts

The Tax Division of the U.S. Department of Justice has announced an agreement with Switzerland that would permit all but a few Swiss banks to avoid criminal prosecution by paying substantial fines and turning over information on accounts held by American clients.

 Thomson Reuters Launches New Online Marketplace for Tax & Accounting Pros

September 18, 2013 

Thomson Reuters Launches New Online Marketplace for Tax & Accounting Pros

The Tax & Accounting business of Thomson Reuters has launched an enhanced online marketplace at Tax.ThomsonReuters.com/Store. It is designed to help tax and accounting practitioners and corporate tax professionals more easily find and purchase the products they need, access news and insightful articles, join online communities of their peers, and more.