Taxes
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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 Draft Form 7217 Ready For Public Comment
29 year-old CPA is youngest in U.S. Congress; 10 CPAs Now in Congress
There are 10 Certified Public Accountants serving in Congress.
New Hampshire group suggests ‘cocktail tax’ to fund abuse programs
A social services advocacy group has released a study that says it might be time for New Hampshire to adopt a cocktail tax amounting to about 3 cents a drink.
Congress may consider online sales tax bill in 2013
A bipartisan group of U.S. Senators hope to accomplish is the passing of a bill that would better enable states to collect taxes on transactions.
Wind power still in limbo despite renewed tax break
After much dithering, Congress earlier this month gave a lift to wind-power producers by renewing a tax credit worth more than $12 billion over the next decade.
Michigan Supreme Court Justice charged with bank fraud
Michigan Supreme Court Justice Diane Hathaway, retiring Monday after accusations of fraudulent personal real estate dealings, now faces a federal bank fraud charge for allegedly transferring a home she owned in Florida to allow for the short sale of her home in Grosse Pointe Park.
Gas Taxes Pay for Only a Fraction of Road Spending
Despite being dedicated to fund transportation projects, revenue from gas taxes and tolls pays for only about a third of state and local spending on roads, according to a new analysis (http://taxfoundation.org/article/gasoline-taxes-and-tolls-pay-only-third-state-local-road-spending) by the Tax Foundation. Wyoming and Alaska come last in transportation funding derived from gas taxes and tolls, while Delaware and Florida rank the highest.
Virginia retailers weigh in on plan to raise sales tax
Retailers usually bristle at any suggestion to raise the sales taxes.
Former Colorado nonprofit exec pleads guilty to theft
A former nonprofit director accused of stealing more than $73,000 from a charity pleaded guilty to theft Monday in Fremont County, Colorado, District Court.