Taxes
3 Year-End Tax Tips for Small Businesses
The end of the year gives you and your business a great chance to maximize tax savings for 2014 and beyond.
2014 Corporate Tax Department Study
The Thomson Reuters Corporate Tax Department Pulse Survey polled 212 corporate tax department executives, half of which have $1 billion or more in revenue. The subjects of the study included U.S. corporate tax reform, tax inversions, recent tax credit ...
California Man Gets Prison for $860,000 Tax Refund Check Cashing Scam
The scheme involved the submission of fraudulent tax returns in the names of actual taxpayers, which resulted in the Internal Revenue Service issuing tax refunds, most of which were deposited directly into bank accounts.
FAFSA Should be Starting Point for Student Loans, College Finances
Students need to submit a FAFSA to apply for grants and other types of financial assistance from the U.S. Department of Education, which, through its Federal Student Aid office, is the largest provider of student financial aid in the country...
IRS Allowed Up to $167 Million in Questionable Fuel Tax Credits
The Internal Revenue Service (IRS) may have allowed approximately $167.7 million in questionable fuel tax credit claims between 2011 and 2013, according to a new study released publicly today by the Treasury Inspector General for Tax Administration (TIGTA
GASB Proposal Would Require State and Local Govts to Disclose Tax Abatement Info
The Governmental Accounting Standards Board (GASB) is seek comments on a proposed Statement, Tax Abatement Disclosures, which would require state and local governments for the first time to disclose information about property and ...
AICPA Presents Highest Award for Taxation Professionals
The American Institute of Certified Public Accountants (AICPA) has named Patricia A. Thompson as the recipient of the 2014 Arthur J. Dixon Memorial Award, the highest honor bestowed by the accounting profession in the area of taxation.
CCH Tax Briefing Focuses on 2014 Year-End Tax Planning
A new tax briefing focuses on 2014 year-end planning, providing expert analysis on the federal tax legislation outlook as well as strategies taxpayers and businesses may consider for reducing income taxes.