States Increase Use of U.S. Treasury Offset Program for Collection of State Income Taxes
Article:
Budget-weary states are increasingly relying on the federal tax intercept program to collect state income tax liabilities
Published on April 17, 2012
Gross Receipts Taxes A Growing Trend in State Taxation
Article:
As states try to reduce budget deficits and find more forms of tax revenue, they are increasingly looking at gross receipts taxes as a viable way to tax corporations
Published on May 02, 2010
The Administrations Fiscal-Year 2012 Revenue Proposals
Article:
This column reviews proposals for the FY 2012 U.S. federal budget, with a focus on a number of tax administration initiatives being proposed by the Obama administration
Published on July 05, 2011
Feds Turn Up the Heat on Corporate Compliance
Article:
There are currently over 60 federal agencies employing over 130,000 government workers with combined budgets in excess of $20 billion, which is ten times higher than the 1960 federal regulatory agency budget. To complicate matters there are over 3,000 federal, state and local...
Published on January 28, 2011
Website Reviews
Article:
Reviews of websites of interest to tax practitioners.
Published on May 02, 2010
The Emergence of Factor Presence Nexus Standards
Article:
Several states have replaced traditional nexus standards with factor presence nexus standards to trigger taxes based upon gross receipts and income.
Published on June 16, 2011
Californias Move to Single Sales Factor
Article:
Beginning January 1, 2011, multistate businesses may elect to use a single sales factor method of apportionment for purposes of their California corporate income tax return.
Published on November 02, 2010
Nexus Update
Article:
...state to incur an income tax liability in only one state. With the increase of service industries, state boundaries are blurring in the pursuit of business opportunities. With state budgets in precarious positions, legislators are
Published on January 28, 2011
Tax Increases Contained in State Ballot Initiatives Soundly Rejected
Article:
...tax matters. In most instances, voters rejected initiatives to the extent that they would raise taxes, implicitly requesting that their governments look for alternative means to solve their states’ budget deficits
Published on February 01, 2011
Click-Through Nexus and Information-Reporting Requirements
Article:
...out-of-state retailers that would not otherwise be required to collect and remit sales tax due to their lack of a physical presence. Not surprisingly, given the current budget shortfalls most states are facing, they have become increasingly aggressive in asserting affiliate
Published on December 01, 2010
AICPA News Update Vol.12 No.17
Newsletter:
...Discuss Profession’s Response to Economic Crisis, Financial Regulatory, Reform, Tax Strategy Patents; Mobile Workforce, Tax Legislation, Speakers Represent a List of Luminaries from Media, Politics, Council Approves AICPA Budget with No Member Dues Increase, Public Service Awards Given to Individual Firm, Distinguished Achievement in
Published on June 24, 2011
Why the Flap Over a VAT
Article:
This item provides a view of issues that would need to be considered if the United States were to consider adopting a value-added tax (VAT) at the federal level.
Published on October 04, 2011
Make Room on the Shelf One More Tax Reform Report
Article:
Annette Nellen
Published on January 28, 2011
Government Auditing Standards and Circular A-133
Publication:
A description of publications available on Government Auditing Standards and Circular A-133.
Published on April 17, 2013
States Examining Business Tax Incentives
Article:
It is well known that states use their tax systems as an economic development tool for attracting and retaining businesses. Competition among the states to attract businesses is sometimes called a "race to the bottom." States are frequently reminded of their status in popularity as a business locale by various
Published on January 28, 2011