Taxes May 27, 2026
A previous IRS program that lets taxpayers request private letter rulings on “significant issues” in certain corporate transactions, rather than requiring a ruling on the entire transaction, is being revived by the tax agency.
September 12, 2014
Historically, a business' gross revenues follow seasonal patterns and even a small change in gross revenue should result in a small change in the associated accounts. In an attempt to discover why one established contractor was selected for audit, I reviewed their sales tax filings and created the below table.
September 12, 2014
Bloomberg BNA has made significant enhancements to its Premier International Tax Library, a comprehensive resource for international tax research that helps practitioners make more informed business decisions and provide value-added tax guidance.
September 12, 2014
The U.S. job market has steadily improved by pretty much every gauge except the one Americans probably care about most: Pay.
September 12, 2014
Seven in ten Americans support legislation requiring sales-tax collection at the time of purchase, according to a poll of 1,016 U.S. consumers conducted for the International Council of Shopping Centers.
September 11, 2014
A bipartisan majority of the U.S. House of Representatives – 233 members – have signed a letter urging the House leadership to preserve the cash method of accounting for tax purposes, writing that proposals requiring a transition to the accrual method ...
September 11, 2014
First, a federal appeals court invalidated most of the regulations imposing continuing education and other regulatory requirements imposed by the IRS on tax return preparers (Loving, et al v. IRS, Civil Action 12-385 (JEB), U.S. Dist. Ct. DC, 1/18/13). .
September 10, 2014
With more than one million tax payments already processed this year through IRS Direct Pay, the Internal Revenue Service is encouraging taxpayers with upcoming tax payment deadlines to consider choosing this free online system to quickly and easily pay what they owe.
September 9, 2014
The Internal Revenue Service has released several new YouTube videos to help taxpayers get important information about the Affordable Care Act and tax return filing.
September 9, 2014
A pair of Certified Public Accountants has filed suit against the Internal Revenue Service and the Treasury Department in an effort to stop the government from imposing fees on tax preparers (Preparer Tax Identification Number) and to recover fees, plus interest, that they and other preparers have paid in past years.
September 9, 2014
There’s a better chance of Democrats and Republicans agreeing to the winner in “America’s Got Talent,” than there is of ever reaching a consensus on the IRS’ handling of the applications for tax-exempt status made by right-leaning political groups.
September 9, 2014
Thomson Reuters has released a new white paper for tax professionals, Unlocking the Limits of the Keyword: 5 Ways to be a Better Tax Researcher. The paper addresses key challenges practitioners face when answering complex tax questions — exploring the evolution of the tax research process from print to digital and examining the viability of…
September 8, 2014
Cloud sales tax and compliance systems provider Avalara has formed a strategic alliance with PayPlus Software, Inc., (www.payplus.com), a payroll and employee management software company serving the Professional Employer Organization (PEO) industry.