March 8, 2023
The Top Property Tax Compliance Challenges
The research uncovered three consistent pain points among survey respondents. In this post, we’re highlighting the findings specific to enterprise-level companies.
Taxes March 8, 2023
How the Inflation Reduction Act Impacts Corporate AMT and Bonus Depreciation
The Inflation Reduction Act reintroduces the corporate AMT, but with major changes, and it only applies to certain corporations, but a company only needs to pass the book income test once to be subject to AMT.
Sales Tax March 7, 2023
February 2023 Sales and Property Tax Changes to Watch For
While you focus on your business, Avalara stays on top of legislative and policy changes that can affect your tax compliance.
Taxes March 7, 2023
IRS Warns of New W-2 Scams
The IRS is working with payroll companies and large employers to verify W-2 information in light of these scams.
Taxes March 6, 2023
What Business Owners Need to Know About Tax Repatriation
Here are some strategies you can use to avoid an oversized tax bill when bringing foreign earnings back stateside.
Taxes March 2, 2023
Senate Committee Approves Werfel Nomination to Head IRS
His nomination was approved by the committee on a 17-9 bipartisan vote. The full senate will now vote on his confirmation.
Taxes March 1, 2023
IRS Criminal Investigation is Asking Taxpayers to Slam the Next Scam
During National Consumer Protection Week, March 5-11, IRS-CI will share information on its social media about tax scams.
Taxes March 1, 2023
The Tax Blotter – March 2023
Generally, small business owners who use their automobile for business driving are entitled to deduct expenses based on the vehicle’s use, but there are plenty of twists and turns along the way.
Taxes February 28, 2023
IRS Extends Tax Deadline in Three States to Oct. 16 for Taxpayers Impacted By Disasters
Disaster-area taxpayers in most of California and parts of Alabama and Georgia received tax filing and payment relief.
Taxes February 23, 2023
Hotel-Based State and Local Tax Revenues Continue Increase
Average U.S. hotel occupancy is projected to reach 63.8% in 2023 – just shy of 2019’s level of 65.9%. Staffing is expected to remain a challenge for many U.S. hotels in 2023, as the industry continues to grow its workforce back to pre-pandemic levels.
Accounting February 23, 2023
Accounting Firm FORVIS Donates $500K to United Way for Hurricane Ian Relief in Florida
The firm’s donation also will help fund other unmet needs including construction costs for people repairing and rebuilding homes and labor costs for United Way staff assisting people through the recovery process.
Taxes February 23, 2023
Avalara Launches Automated Property Tax Compliance Solution for Businesses and Accountants
For businesses, keeping up with property tax requirements like filing deadlines and payment processes can be a complex, manual, and error-prone process that leads to costly noncompliance.