Taxes
Latest News
Zone & Co Launches ZoneBilling AI Assistant
IRS Extends Tax Deadlines Until May For Helene Victims
Avantax Acquires SEP Financial Services
Sovos Launches Indirect Tax Suite for SAP, Enhances Clean Core Readiness
Infographic Shows Sales Tax Holidays Across U.S.
Sales tax compliance is one of the most volatile issues that many businesses have to deal with, with more than 8,000 taxing jurisdictions across the country. From the state and county-level, to cities and special purpose zones like metro transit authorities.
Summertime Tax Tip #6: Climb Over Tax Obstacles for Business Vehicles
Congress keeps threatening to close some of the long-standing loopholes in the tax law. But one key tax break for business people has remained on the books despite numerous efforts to repeal it. It’s the special tax provision for certain heavy-duty vehicles.
IRS Nixes “Pump-and-Dump” Obamacare Strategy
Employers can’t get around the Obamacare “shared responsibility” provision simply by giving employees tax-free cash to pay for health insurance from a state-run exchange. In effect, this would pump up a worker’s pay and dump them in the marketplace. According to a new question and answer (Q&A) posted on the IRS website, as initially reported by the New York Times on May 25, the agency authoritatively states that the scheme won’t be allowed.
Bay Area Workers Pushing for $15 Minimum Wage
At $10.74 an hour, San Francisco already has the nation's highest big city minimum wage. But it could soon have company, as labor and community activists in cities from Richmond to Sunnyvale push wage increases that could turn the Bay Area into a high-wage hub.
Alabama Governor Pushes Small Business Assistance
A group of small business owners and politicians gathered at the Cullman, Alabama, Area Chamber of Commerce Friday to hear Governor Robert Bentley's pledge to bring more assistance to locally owned shops.
London Tops List of Best Cities of Opportunity, New York Comes in Second
Competition for talent, capital and economic clout drives cities to build and maintain resilient urban communities.
150,000 Taxpayers Used New IRS Online Payment System
The Internal Revenue Service says that more than 150,000 taxpayers used its new web-based system IRS Direct Pay to pay their tax bills or make estimated tax payments directly from checking or savings accounts without any fees or pre-registration.
Florida Sees Gain of 34,000 Jobs in April
Unemployment in the Tampa Bay region fell below 6 percent last month, as the state added 34,000 jobs in April, matching a national improvement in jobs.