August 5, 2013
In Washington state, the legal marijuana business will vary by city
Washington cities vary in welcoming pot commerce
August 1, 2013
AICPA urges Congress to take action against patent trolls
The American Institute of Certified Public Accountants has issued a statement and letter to the leaders of both the United States Senate and House of Representatives, urging them to take action regarding patent refoms, which the group says is necessary because of what it calls fraudulent litigation by some organizations that exist solely for suing…
July 29, 2013
IRS identity verification requests present a new client opportunity
In recent years, the IRS has stressed its commitment to protecting taxpayers from tax-related identity theft. As part of this commitment, the IRS enhanced the Electronic Fraud Detection System (EFDS).
July 26, 2013
NC tax overhaul means credit for early-stage investors will expire
Investor groups say the upcoming expiration of a state tax credit designed to spur investments in early-stage businesses will make it harder for young technology companies to raise the capital they need to survive and thrive.
July 23, 2013
State promoting federal health tax credit to small businesses
In Maryland, state and local officials are trying to promote public awareness of a little-known federal tax credit to help small businesses cover some of the costs of providing health insurance to their workers.
July 23, 2013
Thomson Reuters offers additional insight on marriage and income tax issues for same-sex couples
The Supreme Court's recent decision to strike down Section 3 of the Defense of Marriage Act (DOMA), which required same-sex spouses to be treated as unmarried for purposes of federal law, will have a major impact on employers and employees.
July 23, 2013
New money management platform helps small businesses and employees manage finances
New online and mobile platform offers a comprehensive wage payments management solution that gives employees the visibility, information and access they need to better manage their finances
July 21, 2013
Church business manager pleads guilty to embezzlement
A former church business manager facing jail time for embezzlement justified his actions because he felt slighted over a smaller-than-expected bonus, a prosecutor told a judge Friday.
July 14, 2013
2013 Tax Planning Guide released
Thomson Reuters has released, under its PDI Global brand, the 2013 edition of its annual Tax Planning Guide.
July 10, 2013
Bill banning audit firm rotation mandate passes U.S. House
On Monday evening, the U.S. House of Representatives passed a bipartisan bill that would ban the the potential of mandatory audit firm rotations that have been suggested by the head of the Public Company Accounting Oversight Board (PCAOB).
July 8, 2013
New Jersey to offer more tax incentives for businesses
The Senate is moving toward final adoption of an overhaul of the state's economic-development programs targeting billions of dollars in tax incentives to companies that locate, expand, or engage in other activities in New Jersey creating job growth.
July 7, 2013
Report offers guidance on tax implications of Supreme Court gay marriage ruling
Thomson Reuters has released an overview of the Supreme Court’s ruling that strikes down section three of the Defense of Marriage Act (DOMA) as unconstitutional. The report is designed to help tax advisers understand the far-reaching implications of the decision.