Taxes
6 Major Tax and Financial Implications of Gay Marriage Ruling
What are the tax and financial issues of the Supreme Court's decision not to overturn gay marriage rulings in several new states? Although certain aspects are still being sorted out, here’s a brief summary of the lay of the land in several key areas.
Printable 2014 Form 1099-MISC
The downloadable official 2014 Form 1099-MISC is available by clicking download. (PDF) Download
Report: IRS Needs Enhanced Collection Efforts on Delinquent International Taxpayers
Report says the agency needs to enhance its collection efforts to make more delinquent international taxpayers become compliant with their obligations.
IRS Gives Farmers and Ranchers More Time to Replace Livestock Sold During Drought
Farmers and ranchers who previously were forced to sell livestock due to drought, like the drought currently affecting much of the nation, have an extended period of time in which to replace the livestock and defer tax on any gains from the forced ...
‘Tis the Season… For Income Tax Planning
While most Americans are thinking about football season, the MLB baseball playoffs, the coming NBA season, hockey or the upcoming holidays, savvy financial professionals are advising taxpayers to think about their taxes.
IRS Giving Up on Some Deliquent Tax Cases Too Fast, Report Says
The Internal Revenue Service (IRS) may be missing opportunities to collect delinquent taxes because it is not always completely researching cases before closing them as uncollectible. That is the finding of a new report publicly released today by the...
New UltraTax CS Features Support Electronic Signatures
Thomson Reuters confirmed today that UltraTax CS will provide an eSignature offering for the upcoming tax season.
AICPA Concerned About Electronic Signature Standards for Remote Transactions
The AICPA is concerned that current electronic signature standards for “remote transactions” are not strong enough to protect taxpayers’ confidential information.