Taxes
Latest News
Report Says Undocumented Immigrants in U.S. Pay Nearly $100 Billion in Taxes
Emburse and Finexio Partner for B2B Payments
How Generative AI Will Disrupt Accounting
Mid-Market Optimism Hits Pre-Covid Record Highs
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5 Tips to Avoid ID Theft and Refund Fraud During Tax Season
Your Social Security Number could be the ticket for a fraudster seeking to claim a false tax refund or worse, according to the Internal Revenue Service (IRS). A fraud expert offers some tips for preventing such crime – or at least catching it early.
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Why the “Angel of Death” Tax Loophole Will Remain Alive and Well
During his recent State of the Union Address, President Obama outlined his proposal to change several key provisions of the Internal Revenue Code. Specifically, the President advocated for the elimination of the basis step‐up that occurs at an individual’
Home Office Deductions: The Simplified Method May Cost Taxpayers Money
The midterm elections are long over but some of the most important “votes” for 2014 aren’t in yet. Specifically, certain elections on the tax returns of your clients can either make or break their year. And, if you point them in the right direction ...
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Should Taxpayers Deduct State Income Tax or State Sales Tax?
The optional sales tax deduction is a no-brainer for some individual taxpayers. If you live in one of the seven states with no state income tax – Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming -- you should elect to deduct your ...
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Chart Shows When Taxpayers Can Expect Income Tax Refunds
Waiting on an income tax refund from the IRS? This chart shows estimated refund arrival dates, based on when the taxpayer submits their forms electronically or on paper.
State Deadlines Near for Forms W-2 and 1099
The deadlines for businesses to send forms W-2 and 1099 copies to individual states are quickly approaching, with the majority of states having a March 2 deadline date. The various state rules and regulations can be daunting, as state filing varies ...
Avalara’s Van Dooren Makes List of Top Channel Executives
Pascal Van Dooren, Avalara's Chief Revenue Officer and Global Channel Chief, has been named one of CRN’s 2015 Channel Chiefs. Avalara, Inc. is a provider of cloud-based software for sales tax and other transactional tax compliance.
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70% of New York Businesses Optimistic For 2015 Growth
Not only are New York City small business owners expecting to see revenue and sales growth, but 70 percent of survey respondents said they are feeling optimistic or excited about their business.