IDENTITY THEFT AND TAX FRAUD – HOW BAD IS IT?
Treasury Inspector General for Tax Administration (TIGTA) released its Semiannual Report to Congress for the »
Self-Directed IRAs: Prohibited Transactions Can Get You in Trouble
When planning for retirement an individual retirement account (IRA) is a very common tax friendly »
Tennessee Court Holds that Wide Area Network Service is a Taxable Telecommunications Service
A Tennessee Trial Court has ruled that wide area network (“WAN”) services provided by IBM »
Gillette and Others $34 Million Refund Claim Gets Appellate Court Approval
The First District Court of Appeals in San Francisco California reversed a lower court decision »
The Open Championship, A Taxing Golf Tournament
With the British Open…er…The Open Championship getting underway yesterday, now is a good time to »
Recent Posts »
Veterans Tax Credit
Top Takeaways 1: Work Opportunity Credit Extended for Veterans The legislation expanded the Work Opportunity Tax Credit for businesses that hire unemployed veterans through the end of 2012. 2: Work Opportunity Credit amount depends
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California Franchise Tax Board Launches New Website Design
The Franchise Tax Board (FTB) of California launched its newly redesigned website, ftb.ca.gov earlier this month. The new site, that provides California taxpayers with forms, publications and instructions for filing California taxes, is created
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Sales and Use Tax in General
Top Takeaways 1: Sales tax rates vary for each state Forty-five states and the District of Columbia have a sales and use tax. Only five states don’t have a sales tax: Alaska, Delaware, New
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Undocumented Workers Received $4.2 Billion in Refundable Tax Credits
Undocumented workers received $4.2 billion in refundable tax credits from the U.S. government, reported the U.S. Treasury Inspector General for Tax Administration (TIGTA). The report issued yesterday by TIGTA found that individuals not authorized
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FBAR Deadline Extended for Some
On May 31, 2011, as a result of the recent publication of the finals rule on the Bank Secrecy Act regulations, the Financial Crimes Enforcement Network (FinCEN) has extended the FBAR filing deadline an
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