Tax Essentials
Check here for news on tax developments, including tax software, IRS regulations and revenue procedures, tax services, and trends in state taxes, including sales taxes.
OECD Releases Global Standard for Automatic Exchange of Tax Information
The Organization for Economic Cooperation and Development has released the full version of the OECD’s new standard for the automatic exchange of tax information across different countries. Read more »
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In the Blogs: Back to the Grind
May 22, 2014Highlights of some of our favorite tax-related blogs from the past week. Read more »
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Tax Reform of the Research Credit: A Step Back?
May 20, 2014The recently released discussion draft of the Tax Reform Act of 2014 by the House Ways and Means... Read more »
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Congress Introduces Bill to Restrict Corporate Tax Inversions
May 20, 2014Democrats in the House and Senate introduced legislation Tuesday to tighten the restrictions on... Read more »
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AICPA Opposes IRS Voluntary Tax Preparer Certification
May 19, 2014The American Institute of CPAs is pushing back against a proposal by Internal Revenue Service... Read more »
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Tax Fraud Blotter: Enaf Already
May 16, 2014A couple of our favorite recent tax fraud cases. Read more »
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Tax Cuts in Limbo as Senate Republicans Block Extenders Bill
May 15, 2014Senate Republicans blocked a package of more than $80 billion in tax cuts, killing for now a... Read more »
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In the Blogs: Fools on the Hill
May 15, 2014Highlights of some of our favorite tax-related blogs from the past week. Read more »
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Educating Clients on the ACA
May 15, 2014The summer months are typically the time that CPAs fall out of touch with their clients. Some may... Read more »
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Discrepancies Seen in Nearly Half of Alimony Deductions Reported to IRS
May 15, 2014Nearly half the tax returns on which individuals claimed tax deductions for alimony payments did... Read more »
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Republicans Seek Medical-Device Tax Repeal That Splits Democrats
May 14, 2014Republicans trying to end a U.S. excise tax on medical devices see a chance to capitalize on... Read more »
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Recognizing the Value of Next-Generation Cost Segregation Studies
May 13, 2014For the first time in 15 years, cost segregation services have made Accounting Today’s list... Read more »
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Shareholders to Pressure Google on Tax Payments
May 13, 2014A group of Google investors is expected to push for a shareholder resolution at the search... Read more »
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IRS Made Improper EITC Payments of $13.3-$15.6 Billion
May 13, 2014The Internal Revenue Service allowed an estimated $13.3 billion to $15.6 billion to be paid in... Read more »
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IRS Drops Further Appeals of Court Decision Invalidating Tax Preparer Regulation
May 13, 2014The Internal Revenue Service has declined to file a petition with the Supreme Court to appeal a... Read more »
