Wisconsin Legislature Passes Back-to-School Sales Tax Holiday, Rebate – Tax & Accounting Blog
The Wisconsin Legislature has passed a bill that would create: a back-to-school sales tax holiday in August 2018; and a one-time sales and use tax…
Kentucky Legislature Passes IRC Conformity, Other Changes – Tax & Accounting Blog
The Kentucky Legislature passed and sent to Gov. Matt Bevin significant income, sales and use, and cigarette tax amendments. Among other changes, the legislation would:…
Entity’s Tax-Exempt Status Revoked (Association for Honest Attorneys, TCM) – Tax & Accounting Blog
The IRS properly revoked an organization’s tax-exempt status. The organization was organized primarily to increase public awareness of the legal system. However, its CEO used the…
Businesses benefit longterm from Tax Cuts and Jobs Act
One of President Trump’s biggest legislative victory is the recent passing of the Tax Cuts and Jobs Act. According to BBC, the$1.5 trillion tax bill was…
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Analysis | The Finance 202: ‘We’re jittery right now.’ Amazon sell-off reflects market’s sensitivity to Trump headlines
THE TICKER Amazon’s chief Jeff Bezos, left, and other tech executives meet with then-President-elect Trump at Trump Tower in December 2016. (AFP / Timothy Clary) In…
Republicans consider ‘balanced-budget amendment’ after adding more than $1 trillion to the deficit
House Speaker Paul D. Ryan (R-Wis.) is expected to schedule a vote on a “balanced-budget amendment” not long after spearheading a tax law that dramatically…
Your tax cut isn’t likely to be made permanent any time soon
WASHINGTON — House Republicans are approaching their next attempt at tax cuts the same way they did last year — by excluding Democrats from the…
Businesses benefit longterm from Tax Cuts and Jobs Act
One of President Trump’s biggest legislative victory is the recent passing of the Tax Cuts and Jobs Act. According to BBC, the$1.5 trillion tax bill was…
Electronic Signatures: A Solution Worth Implementing. – Tax & Accounting Blog
As we head into the 11th hour of tax season, firms are looking for ways to save time in order to get all their work…