IRS Holding CPE Tax Forums Across the Country This Summer

May 20, 2016 

IRS Holding CPE Tax Forums Across the Country This Summer

CPAs, EAs and other tax professionals can register online for the 2016 IRS Nationwide Tax Forums for an opportunity to earn up to 19 continuing professional education credits at any of the five forums held throughout the country beginning this July.

Soda Cans 1  5728f8c05a6a4

May 18, 2016 

The Skinny On The Soda Tax Debate

Each state determines how these products are taxed differently. When multiple jurisdictions and products are involved, time spent on sales tax management can quickly snowball. Sales tax automation software like Avalara AvaTax takes this tedious ...

Gail Cole

TaxFraud_1_.541ef9fa513d2

May 17, 2016 

Texas Tycoons Caught Rigging Their Taxes

A couple of Texas tycoons who lived life high on the hog have been found guilty of tax fraud. A U.S. bankruptcy court ruled that two brothers and business associates, Sam and the now-deceased Charles Wyly, used complex offshore trusts and shell ...

 Lawmakers Want To Impeach IRS Commissioner

May 17, 2016 

Lawmakers Want To Impeach IRS Commissioner

Like a bad penny, the IRS-Tea Party scandal won’t go away. Now some Republican lawmakers are calling for the impeachment of IRS Commissioner John Koskinen over his handling of the affair, accusing ...

 NSA Wants Major Changes To IRS Technology

May 17, 2016 

NSA Wants Major Changes To IRS Technology

The National Society of Accountants says that major changes to the technology and infrastructure the IRS uses is necessary to provide effective and responsible service.

Donald Trump 5734a253cec2d

May 12, 2016 

Trump Won’t Release Tax Returns Before Election

President Richard Nixon did so, while under audit, and Gerald Ford followed suit upon attaining the Presidency. Every presidential nominee of the two major political parties have released their returns since.

Maruca BNA 5733625bb419f

May 11, 2016 

Maruca Honored for Distinguished Service in Taxation

Samuel M. Maruca of Covington & Burling LLP has been announced as this year’s recipient of the inaugural recipient of the 2015 Leonard L. Silverstein Award for Distinguished Service in Tax. The award, presented by Bloomberg BNA, recognizes his long ...

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May 11, 2016 

Tax-Exempt Filing Deadline is May 16

The IRS is reminding these groups not to include Social Security numbers (SSNs) or other unneeded personal information on their Forms 990, and consider taking advantage of the speed and convenience of electronic filing.