Thomson Reuters announced today that Discount Tire has chosen the entire ONESOURCE Indirect Tax platform to manage its sales and use tax operations. “We expect to simplify our sales and use tax process with confidence and with more consistency than ever before by using ONESOURCE, a trusted tax platform used by Global Fortune 500 companies […]
The IRS has announced emerging or significant areas that it will prioritize for the coming year. When it comes to compliance, the IRS has increasingly focused on small business underreporting, which is responsible for 84% of the $450 billion tax gap.
RedGear Technologies, known for its TaxWorks professional tax preparation suite, is now offering tools that tax firms can provide to their clients.
A recent study showed that the average firm spends 66 days a year addressing client IRS issues. Even for the simplest post-filing notices, it takes firms a total of almost 35 days a year – an average of more than three hours per notice – to research, understand, respond and follow up.
As tax season approaches, practitioners can expect the IRS to quickly expand its audit focus to flow-through entities, according to an IRS official.
CCH Small Firm Services holds live demonstrations of ATX 2012 at the Midwest Accounting & Finance Show.
The Santa Clara, CA water district commits slight, but potentially very costly error.
COMPANY DESCRIPTION The digital future has arrived and the accounting profession is changing rapidly. Professionals today have different needs, expectations and capabilities. In addition to accuracy, professionals need greater mobility, simplicity and speed. These needs place a premium on access to active intelligence, agile systems and integrated workflow solutions. This is precisely the value that […]