The Importance of Audit Data Analytics (ADAs)
Analytics are an integral part of the audit process. Yet, auditors often struggle with the best way to incorporate Audit Data Analytics (ADAs) into their…
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Texas Required Physical Presence for Franchise Tax Nexus
A taxpayer that did not have a physical presence in Texas was not subject to the Texas franchise tax. Texas has not moved away from…
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Weekly Report from Washington, D.C.
During the week of October 8, the Treasury Inspector General for Tax Administration (TIGTA) determined that the IRS needs to improve its review of referrals…
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Florida Victims of Hurricane Michael Granted Tax Relief (FL-2018-04)
The president has declared a federal disaster area in Florida. The disaster is due to Hurricane Michael, which began on October 7, 2018. The disaster…
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Senate Tax Writers Introduce Bipartisan Digital Goods Bill
Top Senate tax writers have introduced a bipartisan bill to prevent duplicative taxation on digital goods and services. The bill aims to establish a framework…
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How to write a great job posting
Every year your firm issues a job posting to find college interns during tax season. But this year you noticed something a little embarrassing… You’ve been…
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King County, Washington, Expands Convention and Trade Center Tax
Beginning January 1, 2019, the King County Convention and Trade Center tax has been expanded to lodging businesses in King County, Washington with less than…
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Texas Sources Receipts From Sale of SMLLC to Location of Payor
The sale of a single-member limited liability company (SMLLC) by its sole member is a sale of an intangible asset for Texas franchise tax purposes.…
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Social Security Wage Cap and Benefit Amounts Increase for 2019 (SSA Press Release; SSA Fact Sheet)
For 2019, the Social Security wage cap will be $132,900, and social security and Supplemental Security Income (SSI) benefits will increase by 2.8 percent. These…
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Audit Data Analytics – Clean It Up
In the fourth of our 5-blog series about data analytics, our focus is on how to get clean data for data analytics testing. Data Analytics…
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