January 29, 2015
Thomson Reuters Checkpoint has released a special report, Capitalizing or Deducting Expenditures under the Tangible Property Regulations. The report is intended to help guide tax practitioners in determining which expenditures on tangible properties ...
January 29, 2015
The symposium focused on combatting offshore tax evasion and international financial crimes—including cyber-crime—and brought together delegates from criminal tax and enforcement programs from the U.S., Australia, Canada, The Netherlands, New Zealand, ...
January 28, 2015
The currency of the Internet today is not BitCoin, it is not the dozens of “wallet” products used to buy products, and it is not even the “accounts” that have to be set up and loaded from a credit card to make purchases on the never-ending stream of .l..
January 28, 2015
The Financial Accounting Standards Board (FASB) and the Private Company Council (PCC) will host their fourth Private Company Town Hall Meeting on April 28, 2015, at Southern Methodist University in Dallas, Texas. The town hall meeting will take place from
January 28, 2015
Avoiding taxes by hiding money or assets in unreported offshore accounts remains on the annual Internal Revenue Service list of tax scams known as the “Dirty Dozen” for the 2015 filing season.
January 28, 2015
Intuit and Uber are joining forces to make it easier for workers in the on-demand economy to file taxes and manage their finances throughout the year.
January 27, 2015
The Internal Revenue Service is once again warning taxpayers to be on the lookout for unscrupulous income tax return preparers, one of the most common “Dirty Dozen” tax scams seen during tax season.
January 26, 2015
The Internal Revenue Service has issued a filing season alert warning taxpayers to watch out for identity theft at tax time, one of the year’s “Dirty Dozen” tax scams. The IRS continues to aggressively pursue the criminals that file fraudulent returns usi
January 26, 2015
Intuit has released a new integration with for marketplaces running on the Stripe online payment network. The features will allow “drivers”, "Rabbits" and "campaign creators" of sharing economy companies to automate tax reporting via the ...
January 24, 2015
The research credit is like the cat with nine lives…except it’s more. This credit, which technically expired after 2013, was just reinstated by the Tax Increase Prevention Act (TIPA) retroactive to January 1, 2014. By last count, it’s the 16th time ...
January 24, 2015
The American Institute of CPAs is urging top tax lawmakers in the U.S. Congress and Senate to give the IRS the authority to grant relief in appropriate situations when taxpayers miss a statutory deadline or make an error in making an election.
January 23, 2015
Gambling losses aren’t completely tax-deductible on their own, but you can write off losses up to the amount of your winnings. Those winnings are taxed at ordinary income rates reaching as high as 39.6% on the federal level.