Tax

Laying the packages and their capabilities out, side by side

In June, the Supreme Court held in Obergefell v. Hodges that “same-sex couples may exercise the fundamental right to marry in all States. It follows . . . that there is no lawful basis for a State to refuse to recognize a lawful same-sex marriage performed in another State on the ground of its same-sex character.”

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

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

Is it too early to start thinking about tax extenders? Not according to Kathleen King, managing director of Alvarez & Marshall Taxand’s Washington, D.C., office.

Seventeen states will soon offer sales tax holidays where state sales tax charges are temporarily dropped on back-to-school items and other qualifying products.

House Ways and Means Committee members Charles Boustany, R-La., and Richard Neal, D-Mass., have released a bipartisan proposal to create a so-called “innovation box,” a lower tax rate on income derived from intellectual property to encourage more multinational companies to keep intangible assets in the U.S.

Electronic payments and banking technology provider ACI Worldwide said the Internal Revenue Service has extended its relationship with the company’s OfficialPayments.com online bill payment service portal.

Lyle Benson of L.K. Benson & Co., who chairs the AICPA's PFP section, discusses the main personal financial planning issues identified by the AICPA's PFP section of concern to CPAs, in an interview with Accounting Today editor-in-chief Dan Hood.

In the first two quarters of 2015, there were 207 sales and use tax rate changes, up from 159 in the first six months of 2014, according to a new report.