federal trade commission 574481bf2f8aa

May 24, 2016 

Congress Needs to Modernize the FTC

There is an opportunity for Congress to modernize the agency so that it better protects consumers from harm while minimizing regulatory costs and better enabling robust innovation in the U.S. economy.

 Tax Filing Deadlines for Expats, FBAR Coming Up

May 22, 2016 

Tax Filing Deadlines for Expats, FBAR Coming Up

Most expatriate U.S. citizens need to file by June 15, 2016. Taxpayers who need to file an FBAR (Foreign Bank and Financial Account Report) must file by June 30. More than 1 million taxpayers filed an FBAR in 2015. Taxpayers with foreign assets, even ...

 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

 Texas Tycoons Caught Rigging Their Taxes

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.