May 6, 2015
Recent regulatory changes in the Accounting Standards Codification (ASC) section 740-10, Accounting for Income Tax, have triggered disruption in the state tax provision area- especially around how organizations calculate deferred tax assets and liabilitie
April 17, 2015
The selection of a registered agent is not a trivial matter. This agent is required to have a physical address in the state (post office boxes and private rented mailboxes don't count) and be willing to be available during normal business hours to ...
April 17, 2015
Even if the company doesn't have a physical location within a state, in order to sell taxable items and collect and remit sales tax, in most cases, the company must have a business license in the state.
April 8, 2015
The Avalara partner awards spotlight the ability of top business partners to recognize the increasing market adoption of cloud compliance solutions, and make intelligent business decisions in marketing Avalara’s compliance solutions to their ...
March 13, 2015
Many states use tax amnesty programs as a way of bringing in additional revenue and, more importantly, get some former taxpayers back on active tax payment duty.
March 10, 2015
Thomson Reuters CS Professional Suite today announced it is the first to certify an application for electronic filing with the Indiana Department of Revenue, effective immediately. 90,000 Indiana S corporations will now be able to electronically file ...
March 2, 2015
Crowe Horwath LLP, one of the largest public accounting and consulting firms in the U.S., has introduced the Crowe Use Tax Simplifier, a tool that facilitates the use tax verification process.
February 26, 2015
The optional sales tax deduction is a no-brainer for some individual taxpayers. If you live in one of the seven states with no state income tax – Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming -- you should elect to deduct your ...
February 25, 2015
The deadlines for businesses to send forms W-2 and 1099 copies to individual states are quickly approaching, with the majority of states having a March 2 deadline date. The various state rules and regulations can be daunting, as state filing varies ...
February 13, 2015
State and local taxes are constantly changing. As the most trusted financial and business advisor to your clients, it's your job to keep up with them. At CPA Practice Advisor, we're here to help you - so here's a roundup of some of the latest changes.
February 12, 2015
If you move to Puerto Rico, you can retain your U.S. citizenship while saving taxes, not an option in some other so-called tax havens. Although the tropical island is just a little more than 1,000 miles from Florida, it might as well be halfway around ...
February 9, 2015
If you or your clients are new to collecting and paying sales tax, the process might seem overwhelming. Once you have determined that taxable sales are occurring, the next step is to prepare yourself for being a sales tax collector and remitter.