Tax

Sales tax and compliance automation service provider Avalara has introduced AvaTax Consumer Use, its automated consumer use tax offering ,which will be integrated with most billing, financial and ERP systems – the first of which will be Microsoft Dynamics ERP products.

More than four out of 10 working Americans will have had an accountant prepare their taxes this year, primarily because they believe that that's the way to get the largest refund. More than half won't do their own taxes, instead going to an accountant, friend or family member.

The Internal Revenue Service has filed a sharply worded reply with a federal appeals court to a group of tax preparers who won rulings from a lower court striking down the IRS’s authority to regulate the tax preparation profession.

The IRS claims that refunds totaling just over $917 million may be waiting for an estimated 984,400 taxpayers who did not file a federal income tax return for 2009. The IRS estimates that half the potential refunds for 2009 exceed $500.

Leaders of the Senate Finance Committee said Thursday they plan to begin developing a proposal for overhauling the nation’s Tax Code.

Tax software developer Greatland Corporation has outlined a plan to further accelerate growth through strategic acquisitions during 2013.

A majority of business leaders believe tax reform should be separated from reforms to government entitlement programs and deficit reduction, according to a new poll.

The Internal Revenue Service has found that changes in Form 8863, Education Credits, are delaying more than 600,000 tax returns, many of which appear to come from H&R Block.

Ten multinational U.S.-based corporations, including Apple, Merck, Microsoft and Pfizer, each increased their foreign profits by $5 billion or more last year, continuing a trend in which U.S. corporations held more of their money in low-tax countries.

House Republicans and Senate Democrats are introducing competing budget plans with starkly different tax proposals.