March 17, 2016
Preparing to file taxes can sometimes be a year-round job, even for small businesses. It may involve different responsibilities, including estimating tax payments, planning to buy or lease capital equipment, developing retirement-saving strategies, etc.
March 17, 2016
If you’re on track for a big payday, be aware that the IRS is entitled to collect its fair share. What’s more, unbeknownst to many taxpayers, a winning bracket can also cause state income tax complications.
March 16, 2016
Accountants pride themselves on their role as protectors of their clients -- using their continuing education; vast resources from the IRS and industry; and even the audit process to help business owners and investors to side-step the worst of the ...
March 16, 2016
Tax accountants have always been the white knights. Auditors were viewed by clients as necessary, consultants the fascinating innovators, but tax accountants were there to save the day.
March 15, 2016
Thomson Reuters Checkpoint has just released a special report, European Commission Presents Anti-Tax Avoidance (ATA) Package, summarizing the ATA Package to help businesses plan for the latest developments in advance of implementation.
March 15, 2016
The Protecting Americans from Tax Hikes Act of 2015 (PATH Act) may be the last significant tax bill of the Obama administration. With the 2016 presidential election looming, tax directors are closely watching how America’s choice will impact the tax ...
March 14, 2016
Court papers note that the state doesn’t tax other hygiene items like Rogaine, foot powder, dandruff shampoo, ChapStick, facial wash, adult diapers and incontinence pads, but tampons and sanitary pads are subject to sales tax.
March 14, 2016
The new TAP members will join 41 returning members to round out the panel of 73 volunteers for 2016. The new members were selected from more than 1,000 interested individuals who applied during an open recruitment period last spring and the pool of ...
March 4, 2016
This workforce of independent contractors is estimated to be 54 million strong, according to a recent Freelancing in America study conducted by the Freelancers Union. That number includes temporary workers and business owners.
March 4, 2016
Election-year politics will dominate legislative action in 2016 as both parties seek to lay out policy agendas for 2017 and beyond, which would seem to dim prospects for legislation in 2016.
March 1, 2016
The Internal Revenue Service has issued an alert to payroll and human resources professionals to beware of an emerging phishing email scheme that purports to be from company executives and requests personal information on employees.
March 1, 2016
This legislation included the extension of more than 50 tax credit and incentive programs that expired on Dec. 31, 2014 – among them an array of federal tax credits that offer incentives to employers who implement various hiring, training and ...