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
IRS now offers online FATCA registrations
Organizations that must register with the Internal Revenue Service under the Foreign Account Tax Compliance Act (FATCA) can now do so online at the taxing agency's website, the IRS announced on Monday. FACTA is usually required by financial institutions.
Minnesota’s farm equipment repair tax considered for repeal
Craig Will has fielded more than his share of grumbling customers since a new state tax on farm equipment repairs took effect. Will works at Midwest Machinery in Sauk Rapids, which repairs farm implements and other equipment. Will says many farmers who bring their machines in for repairs aren’t aware of the new sales tax, […]
Are Millions of Americans Tax Cheats? Most Who Buy Online Probably Are
Tax professionals know it. Most accounting professionals know it. When it comes to businesses, most follow at least the letter, if not the spirit, of the law. But most other Americans still don’t seem to understand that they are probably a tax cheat.
Ex-deputy treasurer of Ohio charged with bribery
Ahmad most recently was comptroller for the city of Chicago under Mayor Rahm Emanuel, a job he held from 2011 until July, when he resigned.
Amazon ends Missouri sales program because of sales tax dispute
A sales tax dispute between Amazon and Missouri has landed on online entrepreneurs in the state.
AICPA Writes Letter of Opposition to Proposed Limitation on Use of Cash Method of Accounting
The American Institute of CPAs announced today it wrote a letter opposing a proposed limitation on the use of the cash method of accounting for non-natural taxpayers, personal service corporations and farmers. The proposed limitation is a part of House Ways and Means Committee Chairman Dave Camp’s (R-Mich.) small business tax reform discussion draft.
Controller arrested, charged with embezzling $16.6 million from Texas fruitcake company
The FBI has arrested the controller of Collin Street Bakery for mail fraud, three weeks after the Corsicana, Texas, fruitcake giant filed a lawsuit alleging that he had embezzled more than $16.6 million since January 2005 until he was fired this June, the U.S. attorney's office in Dallas said Tuesday.
Big Four firm earns top rank for global forensics and dispute advisory services
Deloitte also named a Vanguard leader in both forensic and investigative services and dispute advisory and analysis services based on capabilities.