TAXATION

IRS Launches Country-by-Country Reporting Pages on IRS.gov
 

IRS Launches Country-by-Country Reporting Pages on IRS.gov

Posted: June 30, 2017
These pages provide background information on Country-by-Country Reporting, frequently asked questions and other helpful resources, including a list of jurisdictions that have concluded Competent Authority Arrangements with the United States.

National Taxpayer Advocate Reviews Filing Season, Identifies Priority Areas and Challenges
 

National Taxpayer Advocate Reviews Filing Season, Identifies Priority Areas and Challenges

Posted: June 28, 2017
National Taxpayer Advocate Nina E. Olson has released her statutorily mandated mid-year report to Congress. It presents a review of the 2017 Filing Season, identifies the priority issues the Taxpayer Advocate Service (TAS) will address during the upcoming fiscal year, and contains the IRS’s responses to each of the 93 administrative recommendations the Advocate made in her 2016 Annual Report to Congress.

The Pitfalls of Expense Deductibility for Medical Cannabis
 

The Pitfalls of Expense Deductibility for Medical Cannabis

Posted: June 26, 2017
Pennsylvania recently joined the growing list of states where medical cannabis has been legalized. Pennsylvania is planning on issuing several different licenses, two of which are cannabis growers/processers and cannabis dispensaries. At the Federal level, find out what the challenges are.

IRS Adds New Features to Taxpayers
 

IRS Adds New Features to Taxpayers' Online Account

Posted: June 13, 2017
The IRS has announced the addition of several new features to the online account tool first introduced late last year as part of the IRS’s commitment to improve and expand taxpayer services.

From Tax Accountant to Profit Expert in 8 Steps
 

From Tax Accountant to Profit Expert in 8 Steps

Posted: June 2, 2017
Clients are focused on sales, delivering products and services, and growth, but many of them don’t understand how to consistently stay profitable. That’s where their accountant comes in.


 A Basic Blueprint for Transactional Tax Automation
 

A Basic Blueprint for Transactional Tax Automation

Posted: February 1, 2017
Transaction-based tax compliance (think calculation, returns filing, and remittance for sales, use, and value-added taxes) has always been ripe for automation, due to the high volume and restricted time windows that accompany it. Here are four key areas you need to know about when it comes to a cloud-based transactional tax solution.


Safeguarding Taxpayer Data: How to Get Started
 

Safeguarding Taxpayer Data: How to Get Started

Posted: December 22, 2016
Tax professionals must safeguard taxpayer data by law. It is also critical to tax preparers’ business success. Protect your clients and yourself by taking a few common sense steps.