Practice Management

A roundup of recent announcements from accounting firms and companies across the country.

Wolters Kluwer Tax & Accounting US has produced an infographic showing the states with the top 10 highest and lowest sales taxes, just in time for Black Friday and the kickoff of the holiday shopping season.

The Internal Revenue Service is simplifying the paperwork and recordkeeping requirements for small businesses by raising the safe harbor threshold for deducting certain capital items from $500 to $2,500.

The Internal Revenue Service plans to take extra steps to enforce the rules requiring information reporting of payment card transactions, such as those made through credit and debit cards.

The Internal Revenue Service sent out an alert Tuesday warning tax preparers about an phishing email message purporting to ask them to update their IRS e-Services information.

Vetting the candidates’ tax positions so far

Ireland is about to get a new biggest company, and it’s only a little smaller than the nation’s entire economy.

The Internal Revenue Service has upgraded the Foreign Account Tax Compliance Act Online Registration System, enabling sponsoring entities such as foreign banks to register their sponsored entities to obtain a global intermediary identification number.

Ernst & Young has released the EY Tax Guide 2016, adding new chapters of information on tax preparation.

EisnerAmper announced a pair of mergers Monday, with Mallah Furman in South Florida and Ueltzen & Company in California.