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

Current Corporate Income Tax Developments (Part II) - 2011

Article:  This article covers some of the more important developments in the areas of apportionment, unitary groups/filing methods, administration, flowthrough entities, and other significant corporate state tax issues.
Published on January 08, 2013

Proposed Procedures for Simplifying Employer-Provided Cell Phone Substantiation Rules

Article:  In June 2009 the IRS published Notice 2009-46, requesting comments on several proposed procedures for simplifying the substantiation and reporting requirements of employees’ personal use of employer-provided cellular telephones
Published on January 28, 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

Personal Goodwill Alive and Well

Article:  A pair of recent decisions calls into question whether the sale of personal goodwill is still available as a tax planning strategy
Published on January 28, 2011

Wealth Management and Chronic Illness

Article:  Many hate to discuss illness because they do not understand how advisors can use that information to help them. But in fact, a reasonable understanding of the current status of a client’s chronic illness and the likely disease course can enable advisors to provide more tailored and beneficial financial planning
Published on January 28, 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

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

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

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

Guidance Issued on Interest Exceeding Acquisition and Home Equity Indebtedness Limitations

Article:  The IRS recently released guidance for allocating excess mortgage interest expense.
Published on April 30, 2012

EGTRRA and JGTRRA Tax Rates Extended for Two Years in Lame Duck Session

Article:  The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 has provisions from four of the five tax areas that were considered to be important for Congress to address during its “lame duck” session: the estate tax, expiring tax cuts, expired tax provisions, and the alternative minimum tax (AMT).
Published on February 03, 2011

Selected Issues Concerning the State Income Taxation of Nonresident Trusts and Estates

Article:  This column discusses selected state income tax issues for nonresident trusts that are a direct result of several recent challenges, including societal and marketplace conditions, increasingly complex tax laws, and declining state revenues.
Published on January 13, 2012

The Tax Consequences of Point-Based Employee Reward Programs

Article:  This article explores the tax consequences of point-based employee recognition programs.
Published on July 13, 2012

Make Room on the Shelf One More Tax Reform Report

Article:  Annette Nellen
Published on January 28, 2011