Read About - Income Tax for Multi-State BusinessesMarch 4, 2020
The 2018 Wayfair court case substantially changed the filing threshold for sales tax by overturning the Quill physical presence requirement and allowing an economic presence standard
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Read About - ACA Individual Mandate Ruled Unconstitutional
Read About - New IRS Annual Report Highlights AccomplishmentsFebruary 28, 2020
The IRS has released Publication 5382, "Internal Revenue Service Progress Update / Fiscal Year 2019 – Putting Taxpayers First." This new annual report describes the agency’s accomplishments and highlights the work of IRS employees during the past year
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Read About - National Taxpayer Advocate Releases Annual Report to CongressFebruary 28, 2020
Bridget Roberts, the Acting National Taxpayer Advocate, released her 2019 Annual Report to Congress
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Read About - Final Regulations Address Withholding on U.S. Source IncomeFebruary 28, 2020
The Treasury and IRS have issued final regulations on the due diligence and reporting rules for persons making certain U.S
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Read About - Voluntary Plan Paid Family Leave Benefits Excludible from Income
Read About - The IRS Moves to Resolve Abusive Micro-Captive TransactionsFebruary 28, 2020
The IRS has recently announced that it would be accepting time-limited settlement offers to specific taxpayers who were under audit for participating in abusive micro-captive transactions
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Read About - New Law for Municipality Taxes in IllinoisFebruary 28, 2020
A new law in Illinois is now in place regarding the recapture of revenue from the state
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Read About - IRS Releases Procedures for Fuel Tax Credit RefundsFebruary 3, 2020
The IRS has released procedures for claiming the biodiesel and alternative fuel tax credit that it retroactively reinstated
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