Attending a Conference: Go it Alone or Take Your Coworkers?
Recently, I attended the AICPA ENGAGE Conference. It was a good conference with a lot of great speakers, content, new ideas and different perspectives. This…
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Illinois EDGE Credit Reinstated, Modified
Gov. Bruce Rauner has signed legislation that reinstates the Growing Economy Tax Credit Act (EDGE credit) program until June 30, 2022. In addition, the legislation…
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Alaska’s Foreign Dividends Received Deduction Applied to U.S. Subsidiary
A parent company could deduct 80% of dividends it received from a domestic subsidiary that had less than 20% of its business activity in the…
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Applicable Federal Rates for October 2017 Released (Rev. Rul. 2017-20)
Various prescribed rates for federal income tax purposes for October 2017 have been provided by the IRS. The September 2017 rates can be found here…
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Senate Finance Committee Holds Hearing on Business Tax Reform
The Senate Finance Committee (SFC) held a September 19 hearing on efforts to overhaul the business side of the tax code. During the hearing, Senate…
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Wolters Kluwer Honored as “Americas Tax Technology Firm of the Year” by International Tax Review
CCH AnswerConnect Continues to Earn Industry Recognition (NEW YORK, NY, September 19, 2017) — Wolters Kluwer has been named “Americas Tax Technology Firm of the…
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Sale-Leaseback Price Was Not Market Value
In Ohio, the sale-leaseback price of an office building does not reflect the market value of the building for property tax purposes. The Ohio Supreme…
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Florida Extends Filing Deadlines Due to Hurricane Irma
The Florida Department of Revenue has extended certain tax filing deadlines due to Hurricane Irma. The extensions apply to businesses that are registered with the…
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AICPA Requests IRS Change, Delay Partnership Audit Rules; More Regulations Expected
During an IRS hearing on September 18 the AICPA recommended changes to improve the proposed rules on partnership audits. The hearing focused on the centralized…
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Proposed Regs Clarify Use of Truncated TINs on Forms W-2 (NPRM REG-105004-16)
The IRS has issued proposed regulations that permit employers to shorten employees’ Social Security numbers (SSNs) on employee copies of Forms W-2 , Wage and…
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