Proposed Changes To the Puerto Rico Consumption Tax System
Understanding the Proposed Changes To the Puerto Rico Consumption Tax System On February 11, the Governor of Puerto Rico introduced PS 1304. The intent of
Understanding the Proposed Changes To the Puerto Rico Consumption Tax System On February 11, the Governor of Puerto Rico introduced PS 1304. The intent of
The IRS has posted the latest edition of Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-sharing Plans, Individual Retirement Accounts (IRAs), Insurance Contracts, etc.,
The IRS doesn’t just say that it will fight cross-border tax evasion – it produces results from its enforcement actions. This was one key point
The deadline for the first data transmission under the Foreign Account Tax Compliance Act (FATCA) is coming soon, and some countries are still scrambling to
How Do I Tax Thee? Let Me Count the Ways… Valentine’s Day is just around the corner,and that means teddy bears, roses, and, of course,
In recent years, banks across the globe have been placed under a microscope as authorities seek to curb cross-border tax evasion. Many organizations have faced
On Feb. 2, President Barack Obama presented his budget proposal for fiscal year 2016, which included a number of provisions that would impact tax reporting.
The Organization for Economic Cooperation and Development (OECD) has continued to net more jurisdictions under its common reporting standard (CRS) for the automatic exchange of
Keeping up with the tax rules in every jurisdiction can be a daunting and time consuming task. With hundreds of State, City, County and District
Many analysts have offered their opinions on what will come of the IRS’ enforcement and assistance abilities as a result of a large budget reduction
Tax season is often an extremely stressful time for compliance teams, so companies should use technology to their advantage to get through tax season. Whether
The IRS’ Criminal Investigation (CI) Division and Her Majesty’s Revenue & Customs (HMRC) from the U.K. recently collaborated on a symposium held over three days in
If your organization hasn’t sent out certain tax forms, you’re running short on time. Many tax information reporting deadlines are approaching, and you must have
With tax season well underway, some organizations may be scrambling to determine whether certain individuals they hired throughout the year were employees or independent contractors.
When a company is determining which enterprise resource planning (ERP) solution it will choose, one would think its tax department would be involved in this
While tax information reporting season is a time when your business is thinking about its deadlines for federal filing, you must also remember the approaching
Are you prepared for the Foreign Account Tax Compliance Act (FATCA)? You’ve probably heard this question before, but have you been able to reply with
The IRS has kicked off the 2015 tax season, and it recommends that taxpayers file electronically. While this advice is aimed at individual taxpayers, it