Practice Management

Recent tax news

Proponents of states' ability to require remote vendors to collect and hand over sales tax are positioning themselves for hoped-for legislative action before the end of the year.

California’s State Board of Equalization is warning that beginning Sept. 15, a new law will take effect expanding the types of out-of-state retailers who are required to register with the board and requires them to begin collecting and remitting use tax on sales of tangible personal property to California consumers.

Republican presidential nominee Mitt Romney told an enthusiastic Republican National Convention that unlike his rival Barack Obama, he would not raise taxes on small businesses or the middle class.

Staff members at privately held companies are less likely to receive information from management about how the business is performing than employees at publicly traded companies, according to a new survey.

In my travels around the country, I hear many firms talk about being a “one-firm” firm.

The Internal Revenue Service took the wraps off its new Web site Thursday, with new navigation and language features.

The American Institute of CPAs has written a letter to Internal Revenue Service Commission Doug Shulman saying that new interim about how taxpayers must apply for Individual Taxpayer Identification Numbers for 2011 returns are burdensome and may prevent some taxpayers from getting the documentation they need to qualify for an ITIN.

The experience for new employees at the Internal Revenue Service is not always positive, even though the IRS has taken steps to improve the onboarding process, according to a new report.

If Shakespeare ever had a great Twitter writing tip, it would have to be, “Brevity is the soul of wit.”