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New Tax Scam Targets Clean Energy Tax Credit
Fewer Workers Planning to Change Jobs
Oklahoma Taxpayers Get Extended Deadline Due to Storms
California Gas Tax Increases
Survey Shows Small Business Owners Ready to Invest in Their Businesses
More than half of small business owners say they would prefer to invest in their businesses this year, rather than stockpiling cash, an 18-percent swing in preference since 2010.
How Small Businesses Can Claim Deductions on Disposed Assets
Looking for ways to improve business deductions? Has your building undergone renovations recently? Have you replaced building components such as HVAC units, roofing, lighting systems? Have you or your CPA firm considered capturing the deductions ...
How to Manage the 4 Stages of the Transfer Pricing Life Cycle
Transfer pricing activities have faced increased scrutiny by tax authorities around the world and within the United States. As such, many companies are seeking more guidance on how to best manage their transfer pricing life cycle.
Are Banks and Retailers Ready for Smart Chip Credit and Debit Cards?
Recent high-profile data breaches, such as those perpetrated against Target and Home Depot, have thrust credit card security chips and the term “EMV” into the public consciousness as the banking and retail industries ready themselves for the impending ...
New ABLE Accounts Offer Tax-Free Savings for Disabled Americans
An ABLE account will work pretty much like a Section 529 plan account for higher education expenses. In fact, the accounts are authorized by Section 529A of the tax code. After you establish the account and contribute to it, any earnings inside ...
IRS Looking for Volunteers for Taxpayer Advocacy Panel
The Internal Revenue Service says it is seeking civic-minded volunteers to serve on the Taxpayer Advocacy Panel (TAP), a federal advisory committee that listens to taxpayers, identifies major taxpayer concerns and makes recommendations for improving IRS s
Professionals on the Move – March 6, 2015
A weekly roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.
How to Increase an Investment Interest Deduction
It’s rare when tax return preparers advise their clients to look a gift horse in the mouth. But it might happen when a taxpayer is affected by the limits for deducting investment interest expenses. Depending on the situation, it may make sense to elect preferential tax treatment for certain long-term capital gains or qualified dividends […]