Taxes

 2016 Review of Avalara TrustFile

June 13, 2016 

2016 Review of Avalara TrustFile

TrustFile from Avalara, is an ideal fit for small businesses and e-commerce merchants looking for an automated way to process, fill, and file tax forms for all 50 states. TrustFile works closely with AvaTax to calculate accurate sales and use tax ...

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June 13, 2016 

2016 Review of CCH SureTax

One of the more unique aspects of SureTax is the ability to calculate taxes for a variety of vertical markets including Retail, Communications, Energy, Construction, and Restaurants, along with general sales and use tax. The product is a ...

Mary Girsch-Bock

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June 13, 2016 

2016 Reviews of Sales and Use Tax Systems

With the complicated rules, and the inordinate amount of time it would take today’s business owner to research and implement tax rates for cities, counties, states, and even countries, it’s imperative that today’s business owners invest in a software ...

Mary Girsch-Bock

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June 13, 2016 

Survey Shows Top Five U.S. Telephone Scams

Almost nine out of ten Americans (89%) receive unwanted calls each month according to a recent survey which has also revealed the top 5 types of scam people have fallen victim to.

 States Could Improve Business Tax Compliance By Sharing Data

June 13, 2016 

States Could Improve Business Tax Compliance By Sharing Data

Business tax non-compliance is a problem that plagues states across the U.S., but could be improved if states were able to more easily share data, according to new research by the Governing Institute. The survey of tax and revenue officials across 29 ...

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June 13, 2016 

How Investors Can Salvage Tax Losses With the Wash Sale Rule

Beware of the "wash sale" rule. This rule says you can't deduct the loss from the sale of securities if you buy "substantially identical" securities within 30 days before or after the loss sale. The disallowed loss is added to your basis in the new stock.

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June 9, 2016 

Scammers Move From Phish to Whales

Whaling is a form of phishing attack where senior executives and others with access to valuable and sensitive data are sent very personal and well researched emails. The attacker may send the target an email that appears to be from someone they ...

Jim Boomer

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June 8, 2016 

No Change for IRS Interest Rates in 3rd Quarter 2016

Under the Internal Revenue Code, the rate of interest is determined on a quarterly basis. For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.

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June 6, 2016 

IRS Explains Certified PEO Program

Revenue Procedure 2016-33, posted on IRS.gov, along with temporary and proposed regulations published last month in the Federal Register, carries out legislation enacted in late 2014 requiring the IRS to establish a voluntary certification program for ...

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June 6, 2016 

Increase in Payments Fraud Worries Financial Pros

Eighty-eight percent surveyed believe that payments fraud will become a bigger threat to the financial services sector over the next two to three years. Despite this anticipated increase, just one in 10 attendees felt that an effective ...

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June 3, 2016 

New York CPA Society Names New President

An NYSSCPA member since 1987, Zovistoski has served on the Society’s Board of Directors each year for the past six years—two of them as the Society’s secretary/treasurer. He’s also served as Finance Committee chair and Northeast Chapter president, as ...