June 9, 2014
With less than a month to go, California businesses are eager to qualify for a new state income tax credit. The "California Competes" program, administered by the state Office of Business and Economic Development, is handing out $30 million to encourage companies to grow here and not leave the state. The pot will expand to…
June 6, 2014
The Year in the Life of a State and Local Tax (SALT) Accountant series is being created with the practitioner in mind. In cooperation with Avalara, each month we'll provide you with the latest news relating to state and local tax issues, updates on federal legislation, checklists and tips for building and improving your SALT…
June 5, 2014
CCH has launched a new online research tool called “Quick Answers.” The system features more than 2,000 answers to questions most often researched in IntelliConnect, CCH's research platform for tax and accounting professionals. In addition, the company is previewing CCH IntelliConnect Direct, a new universal platform research tool that provides clear and intuitive access to…
June 5, 2014
The Internal Revenue Service (IRS) has not made enough progress in reducing improper payments of Earned Income Tax Credits (EITC), according to a new report by the Treasury Department agency that oversees the nation's tax collectors.
June 2, 2014
June's arrival for many Pennsylvanians signifies the start of summer fun -- beaches, sun and outdoor activities. But at the state Capitol, it's crunch time.
June 2, 2014
The Internal Revenue Service has released the spring 2014 issue of the Statistics of Income Bulletin, which provides information on high-income individual income tax returns filed for tax year 2011.
June 2, 2014
Under fire for its handling of the data breach, Target's board is now defending itself to shareholders in advance of next week's annual meeting.
June 2, 2014
Drake Software is a tax software solution designed for quick data entry and return processing. A unique aspect to Drake Software is the all-inclusive pricing model. This allows tax practitioners to process unlimited federal, state and electronic filing at a known, fixed rate with no additional function modules to purchase. Drake’s software system includes built-in…
June 2, 2014
Fresh off signing a $77 billion budget into law, Gov. Rick Scott made a pit stop in Panama City Monday as part of his Let's Keep Small Business Working Tour and campaign for re-election.
May 30, 2014
An income tax preparer in the Miami, Florida suburb of Plantation has pleaded guilty to filing $22 million in false refund claims with the federal government.
May 28, 2014
State regulators in Massachusetts and others around the country are taking a close look at virtual currencies as bitcoin continues to grow in popularity.
May 26, 2014
At $10.74 an hour, San Francisco already has the nation's highest big city minimum wage. But it could soon have company, as labor and community activists in cities from Richmond to Sunnyvale push wage increases that could turn the Bay Area into a high-wage hub.