Tax Strategies

Sales tax and compliance automation service Avalara has formed a strategic alliance with AGN International-North America Inc. which will enable firms to access sales and use tax (SUT) and value added tax (VAT) information and related resources.

Thomson Reuters has released the 2013 edition of its annual Tax Planning Guide.

House Ways and Means Committee chairman Dave Camp, R-Mich., contended that the immigration reform bill approved by the Senate last month violates the Constitution because it contains revenue provisions that are supposed to originate in the House.

The Treasury Department said Friday that due to overwhelming interest from countries around the world, it will extend by six months the start of the withholding and account due diligence requirements of the Foreign Account Tax Compliance Act, or FATCA, until July 1, 2014, to allow more time to complete agreements with foreign jurisdictions.

There’s more to estate planning than simply trying to minimize taxes under the provisions of a will and various trusts, as criticism over the will of the late James Gandolfini attests. A number of estate experts have weighed in the provisions of the will, which was filed last week in Manhattan Surrogate’s Court.

Seventy-nine percent of New Jersey CPAs anticipate their clients will pay more taxes in 2014 than 2013, according to a new survey.

The Internal Revenue Service has issued a formal notice that officially delays the employer shared responsibility provisions of the Affordable Care Act, also known as the employer mandate, for a year and postpones the information reporting requirements.

Unauthorized immigrants are already paying $10.6 billion a year in state and local taxes, according to a new analysis that estimates an additional $2 billion revenue increase for the 50 states and the District of Columbia if undocumented immigrants who currently in the U.S. are allowed to work legally.

The leaders of Congress’s two main tax-writing committees kicked off their national tax reform tour Monday with meetings at two businesses in the Twin Cities area.

The Swiss government announced a new approach allowing banks to hand over data to U.S. authorities in a bid to solve a dispute over undeclared assets and forestall further indictments by the Department of Justice.