TAXATION

10 Strategies to Minimize Your Client
 

10 Strategies to Minimize Your Client's Taxes

Posted: September 25, 2017
Tax professionals are always looking for ways to help clients save money on their taxes. The following article lists 10 tax planning strategies to consider that may not be top-of-mind.

Rules Would Allow Truncated Taxpayer IDs on Forms W-2
 

Rules Would Allow Truncated Taxpayer IDs on Forms W-2

Posted: September 19, 2017
In an effort to reduce identity theft, the IRS has issued proposed regulations that would permit employers to use truncated taxpayer identification numbers on Forms W-2 issued to employees.




IRS Gives Tax Relief to Victims of Hurricane Harvey
 

IRS Gives Tax Relief to Victims of Hurricane Harvey

Posted: August 28, 2017
Hurricane Harvey victims in parts of Texas have until Jan. 31, 2018, to file certain individual and business tax returns and make certain tax payments, the Internal Revenue Service announced today.


IRS Office of Appeals Pilots Virtual Service
 

IRS Office of Appeals Pilots Virtual Service

Posted: July 24, 2017
The Internal Revenue Service Office of Appeals will soon pilot a new web-based virtual conference option for taxpayers and their representatives. This virtual face-to-face option will provide an additional option for taxpayer conferences.

New IRS Audit Partnership Rules to Impact Tax Planning
 

New IRS Audit Partnership Rules to Impact Tax Planning

Posted: July 14, 2017
New proposed IRS tax regulations that create a more centralized approach to partnership audits raise important tax questions for firms and their clients. The issue was discussed at NJCPA's Annual Convention & Expo last month.

International Business Strategies
 

International Business Strategies

Posted: July 7, 2017
Companies often come to a realization that there are international consumer markets that can benefit from their products and/or services just as much the domestic market. Therefore, many companies decide to go the international route. Find out what needs to be considered.