Income Tax
Latest News
Taxbit Unveils New Global Tax Reporting Platform
April Launches New Tax Filing Solution to Tackle Complex Financial Situations
Sovos Introduces 1099 Professional For SMBs
Vero AI Launches Iris GRC
IRS identity verification requests present a new client opportunity
In recent years, the IRS has stressed its commitment to protecting taxpayers from tax-related identity theft. As part of this commitment, the IRS enhanced the Electronic Fraud Detection System (EFDS).
NC tax overhaul means credit for early-stage investors will expire
Investor groups say the upcoming expiration of a state tax credit designed to spur investments in early-stage businesses will make it harder for young technology companies to raise the capital they need to survive and thrive.
State promoting federal health tax credit to small businesses
In Maryland, state and local officials are trying to promote public awareness of a little-known federal tax credit to help small businesses cover some of the costs of providing health insurance to their workers.
Thomson Reuters offers additional insight on marriage and income tax issues for same-sex couples
The Supreme Court's recent decision to strike down Section 3 of the Defense of Marriage Act (DOMA), which required same-sex spouses to be treated as unmarried for purposes of federal law, will have a major impact on employers and employees.
New money management platform helps small businesses and employees manage finances
New online and mobile platform offers a comprehensive wage payments management solution that gives employees the visibility, information and access they need to better manage their finances
Church business manager pleads guilty to embezzlement
A former church business manager facing jail time for embezzlement justified his actions because he felt slighted over a smaller-than-expected bonus, a prosecutor told a judge Friday.
2013 Tax Planning Guide released
Thomson Reuters has released, under its PDI Global brand, the 2013 edition of its annual Tax Planning Guide.
Bill banning audit firm rotation mandate passes U.S. House
On Monday evening, the U.S. House of Representatives passed a bipartisan bill that would ban the the potential of mandatory audit firm rotations that have been suggested by the head of the Public Company Accounting Oversight Board (PCAOB).