Income Tax
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).
New Jersey to offer more tax incentives for businesses
The Senate is moving toward final adoption of an overhaul of the state's economic-development programs targeting billions of dollars in tax incentives to companies that locate, expand, or engage in other activities in New Jersey creating job growth.
Report offers guidance on tax implications of Supreme Court gay marriage ruling
Thomson Reuters has released an overview of the Supreme Court’s ruling that strikes down section three of the Defense of Marriage Act (DOMA) as unconstitutional. The report is designed to help tax advisers understand the far-reaching implications of the decision.
Taxes still a split issue for most same-sex married couples
Same-sex couples and their tax advisors are anxiously waiting for the Obama administration to answer a key regulatory question left unresolved by the Supreme Court when it struck down the federal Defense of Marriage Act.
Pennsylvania legislators look to end tax avoidance loophole
The new policy will outlaw a set of tax avoidance practices in which Pennsylvania businesses transfer some of their assets to holding firms in states like Delaware, where the assets will be taxed at far lower rates -- or not at all.