Tax

A group of Democrats on the House Ways and Means Committee have introduced a bill to extend 100 percent bonus depreciation through 2012 to encourage capital investments and job growth.

The Tax & Accounting business of Thomson Reuters has introduced a new cloud-based professional tax software line, Agile Tax.

KPMG has introduced an online resource that examines how tax authorities in 18 different countries are dealing with the challenge of taxing cloud computing services.

Thomson Reuters has released mobile versions of Thomson Reuters Checkpoint, the online service that provides research, news, analysis and productivity tools to tax, accounting, trade and finance professionals, for smartphones and tablets.

While I’ve not yet been the victim of identity theft, the possibility—and the consequences—are beginning to loom.

The American Institute of CPAs is asking Congress to make permanent changes in the estate tax as soon as possible to provide certainty to taxpayers before the current rates and rules expire at the end of the year.

The Senate Finance Committee held a hearing Tuesday to examine the impact of tax reform on U.S. energy policy.

CCH’s Taxes – The Tax Magazine, one of the profession’s oldest tax-centric magazines, is now available as an app for the iPad.

Two recent court cases have had a significant impact on the use of cost segregation studies in terms of reclassifying building components for accelerated depreciation.

The House Ways and Means Select Revenue Measures Subcommittee held a hearing Friday on various expiring and already-expired tax breaks.