Taxes

 Open Systems’ TRAVERSE Certified by Avalara

November 20, 2013 

Open Systems’ TRAVERSE Certified by Avalara

Establishes a partnership through which Open Systems' customers can now use Avalara’s AvaTax capabilities from within the TRAVERSE v 10.5 existing workflow to automatically calculate the final sales tax amount on every invoice.

 AICPA Urges IRS to Plan for Next Possible Shutdown

November 19, 2013 

AICPA Urges IRS to Plan for Next Possible Shutdown

The American Institute of CPAs (AICPA) sent a letter to the Internal Revenue Service (IRS) and Department of the Treasury on Nov. 18 urging that the IRS, as soon as possible, announce the contingency plan that would be in effect in the event of a government shutdown on Jan. 16.

 Report: IRS Needs To Improve Use of Return on Investment Data

November 19, 2013 

Report: IRS Needs To Improve Use of Return on Investment Data

The Internal Revenue Service (IRS) needs to improve its use of return on investment (ROI) data in managing tax enforcement resources, according to a report publicly released today by the Treasury Inspector General for Tax Administration.

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November 18, 2013 

Congressman Files Bill to Repeal Federal Income Tax

One of Oklahoma's Representatives in the U.S. Congress, Jim Bridenstine, has filed legislation that could lead to repeal of the 16th Amendment to the U.S. Constitution -- the amendment enabling the current federal income tax.