Taxes
Ohio CPA Society Endorses Candidates for State Supreme Court, Auditor
The Ohio Society of CPAs (OSCPA) has announced the candidates it is endorsing for the 2014 Ohio General Election races. On behalf of its 21,000 members, OSCPA has endorsed Justices Judith French and Sharon Kennedy for Ohio Supreme Court, and Dave Yost for re-election as Ohio’s state auditor.
Study Says High Corruption in Pennsylvania Increases Taxes
Pennsylvanians pay inflated taxes because the state's public corruption rate is among the highest in the nation, says a new study based on data from the Justice Department.
Tax Analysts Sues California to Release Documents
A tax news source has sued California's Franchise Tax Board for refusing to disclose the documents it uses to decide whether to combine the incomes of two related companies and how to calculate their taxes.
Tax Evasion Defense: Resident of Heaven
A Twin Cities woman has pleaded guilty to dodging income taxes for many years in connection with her family excavation and sewage treatment business, when she claimed she and her husband were not U.S. citizens but permanent residents of the "Kingdom of Heaven."
IRS Commissioner to Keynote National Society of Accountants Meeting
The National Society of Accountants has announced that Internal Revenue Service Commissioner John Koskinen will deliver the keynote address at the organization's 69th Annual Meeting, which will be August 20-23, 2014 at the Hyatt Regency Inner Harbor in Baltimore, Maryland.
IRS Adopts Taxpayer Bill of Rights
The Internal Revenue Service has created a "Taxpayer Bill of Rights" that will become a cornerstone document to provide the nation's taxpayers with a better understanding of their rights.
New Tax Research System Features Multi-Jurisdictional Content, Enhanced Search
Thomson Reuters has launched its next generation online tax research system, Checkpoint Catalyst, which features multi-jurisdictional content, embedded tools and an enhanced search engine. Catalyst is built on the Checkpoint platform, and is designed to help tax professionals more quickly find research results.
California Businesses Vie for $30 Million in GO-Biz Program Credits
With less than a month to go, California businesses are eager to qualify for a new state income tax credit. The "California Competes" program, administered by the state Office of Business and Economic Development, is handing out $30 million to encourage companies to grow here and not leave the state. The pot will expand to $150 million for the year that begins July 1.