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
71 year-old lottery winner gets 1 year in prison for strange tax evasion scheme
He was sentenced to one year and one day of prison by United States District Judge Arthur J. Schwab for evading taxes on several lottery and gambling winnings. The retiree also was given a $3,000 fine and ordered to pay full restitution of $132,445 in back taxes, penalties and interest.
An Easier Way for Small Businesses To Stay Compliant with Work Opportunity Tax Credit
With the many new employer tax laws and credits that have gone into effect over the past couple of years, there's little doubt that some small businesses are still unsure of many reporting requirements. For those considering the federal Work Opportunity Tax Credit (WOTC), there's now an easier way to stay in compliance.
IRS Chief Fired Over Targeting of Conservative Nonprofits
President Obama announced during a press conference at about 5:30 on Thursday evening that the Treasury Secretary had asked for, and received, the resignation of the acting Commissioner of the Internal Revenue Service.
Regions Bank settles $25M fraud complaint
Birmingham, Ala.-based Regions Financial Corp. has agreed to pay the Louisiana Firefighters' Retirement System $25 million to settle a complaint alleging that it was defrauded by a former portfolio manager, The (New Orleans) Times-Picayune reported April 26.
Thomson Reuters makes big indirect-tax announcement for businesses doing global trade
Robust determination and calculation engine extends ERP tax functionality to support complex indirect tax needs
Bipartisan tax overhaul proposal being reviewed in Maine
Lawmakers on Friday were presented with a dramatic tax reform proposal co-sponsored by bipartisan group of legislators.
Missouri lawmakers send income tax cut proposal to governor
Whether Missouri individuals and businesses get the first state income tax cut in 90 years is up to Gov. Jay Nixon.
Washington reports state sales taxes return to pre-recession levels
Taxes collected from all retail sales grew by 5 percent in Washington state last year, the biggest jump from one year to the next since the recession began in 2008.