Practice Management

The chairman of the House Small Business Committee, Sam Graves, R-Mo., has introduced legislation to streamline and simplify the loan application process at the Small Business Administration by requiring the agency to permit the use of electronic signatures and electronic records.

If there were ever a politically opportune time for Congress to remove the National Football League’s tax exemption, it would seem to be now.

Bloomberg BNA has given tax practitioners and taxpayers a head start on their 2015 tax year planning, releasing a detailed projection of inflation-adjusted tax items for next year on Wednesday.

Technology offers small businesses the irresistible allure of success through the same tools used by larger companies.

Rep. Collin Peterson, D-Minn., has introduced legislation that would amend the Tax Code to disqualify movie and TV producers from receiving tax credits from the federal government if any of the production is done outside the United States.

Highlights of some of our favorite tax-related blogs from the past week.

WalletHub, a personal finance social network, has released an analysis of the rates at which S&P 100 companies are taxed at the state, federal and international levels and found they were on average paying more in taxes last year than in 2012, although some are still paying extremely low rates.

The House passed three pieces of legislation Wednesday aimed at limiting the authority of the Internal Revenue Service in response to scandals involving the extra scrutiny given to political groups applying for tax-exempt status as social welfare organizations.

The tax-avoidance strategies that companies like Google Inc., Apple Inc. and Amazon.com Inc. use to escape more than $100 billion a year of levies in the U.S. and Europe are under threat from a plan drawn up by the Organization for Economic Cooperation and Development.

The final tangible property regulations issued by the Internal Revenue Service last year included a new provision for small taxpayers to help alleviate the tedious process and extent of documentation now required for compliance.