GOP edges away from 20 percent corporate rate
Republican negotiators have reached a tentative agreement to raise the corporate rate in their joint House-Senate tax bill from 20 to 21 percent as they…
GOP edges away from 20 percent corporate rate
Republican negotiators have reached a tentative agreement to raise the corporate rate in their joint House-Senate tax bill from 20 to 21 percent as they…
EU finance ministers fire a warning on U.S. tax plan
BRUSSELS – The European Union’s top five economies are warning the U.S. that its massive tax overhaul could violate some of its international obligations and risks…
Practical Data Security Resources
The IRS recently reported (IR-2017-176) a 30% decline in confirmed identity theft returns from 2016 to 2017 and a 40% reduction in taxpayer self-reported identity…
Tax Court Corner: Significance of the ‘Cohan Rule’
Typically, when a taxpayer is audited by the IRS, the burden of proof falls on the taxpayer. In order to prove income and expenses, the…
Tax overhaul could mean major changes to your paycheck
If Republicans succeed in passing a tax overhaul by Christmas, the law could mean major changes for your take-home pay — not all of them…
GOP’s taxing question: Will the middle class notice the cut?
A funny thing happened when Congress approved a tax cut for the middle class eight years ago: Most Americans didn’t notice. full article here..
Washington Adopts Business and Occupation Tax Rule for Apportioning Financial Institution Income – Tax & Accounting Blog
The Washington Department of Revenue is required to adopt a rule for apportioning the income of financial institutions engaged in business both in and outside…
Smartphone App Could Not Verify Texas Export Sale – Tax & Accounting Blog
A retailer in Texas cannot rely on a form prepared through a smartphone app to prove that a sale was a foreign export. While an export…
Connecticut Issues 2018 Employer Withholding Guidance – Tax & Accounting Blog
Connecticut updated its employer withholding tax guide, Circular CT, for 2018 changes. The state issues guidance for employers who withhold Connecticut income tax from employee…