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
How to Get a Charitable Tax Deduction Without Donating Anything
It’s very rare in the tax world when you can “get something for nothing.” But that’s essentially what happens when a real estate owner donates a qualified conservation easement to charity. In essence, the property owner is merely agreeing to keep the land
New Report Focuses on Capitalizing or Deducting Expenditures under Tangible Property Regs
Thomson Reuters Checkpoint has released a special report, Capitalizing or Deducting Expenditures under the Tangible Property Regulations. The report is intended to help guide tax practitioners in determining which expenditures on tangible properties ...
IRS and British Tax Agency to Co-Host International Criminal Tax Symposium
The symposium focused on combatting offshore tax evasion and international financial crimes—including cyber-crime—and brought together delegates from criminal tax and enforcement programs from the U.S., Australia, Canada, The Netherlands, New Zealand, ...
Surveys: The New Scam To Get Your Personal Data
The currency of the Internet today is not BitCoin, it is not the dozens of “wallet” products used to buy products, and it is not even the “accounts” that have to be set up and loaded from a credit card to make purchases on the never-ending stream of .l..
FASB and PCC to Hold Private Company “Town Hall” at Southern Methodist University
The Financial Accounting Standards Board (FASB) and the Private Company Council (PCC) will host their fourth Private Company Town Hall Meeting on April 28, 2015, at Southern Methodist University in Dallas, Texas. The town hall meeting will take place from
IRS Looking for Offshore Tax Schemes and Scams
Avoiding taxes by hiding money or assets in unreported offshore accounts remains on the annual Internal Revenue Service list of tax scams known as the “Dirty Dozen” for the 2015 filing season.
Intuit Partners with Uber to Simplify Bookkeeping for Drivers
Intuit and Uber are joining forces to make it easier for workers in the on-demand economy to file taxes and manage their finances throughout the year.
IRS Warns of Shady Tax Preparers, Advises Taxpayers to Use CPAs or EAs
The Internal Revenue Service is once again warning taxpayers to be on the lookout for unscrupulous income tax return preparers, one of the most common “Dirty Dozen” tax scams seen during tax season.