IRS releases draft instructions for ACA reporting forms
A little more than a month after the IRS released draft versions of tax information reporting forms under the Affordable Care Act (ACA), the agency
Category: Tax Compliance
Cloud Computing: Part 3 – Where is the Cloud?
*This is part 3 of a four part blog series addressing the nexus and sourcing issues associated with sales tax and cloud computing. In part
IRS to provide guidance on employer-sponsored meals
The U.S. Treasury Department recently released its 2014 to 2015 Priority Guidance Plan. The document included a note that the IRS would provide guidance under sections
Make Smarter Use of Your Tax Resources
How to Make Smarter Use of Your Tax Resources Is your team being consumed by sales and use tax filing? To find out, answer these three questions:
9 Tax Incentives for Renewable Energy Equipment Leasing
An Emphasis on Renewable Energy fuels Tax Incentives With recent variable energy prices and continued concerns about global warming, there has been a major emphasis
VAT Compliance article featured in Financial Operations magazine
Financial Operations Summer 2014 edition features VAT Compliance article Financial Operations magazine recently featured an article by Casper Winkelman, co-founder and managing director of VAT
New report suggests IRS should revamp medical device excise tax program
A recent report from the Treasury Inspector General for Tax Administration (TIGTA) said the IRS needs to make changes to its medical device excise tax
Summit 2014 Early Bird Registration Ends 8/26/2014
Learning, Networking and Fun At Taxware Summit 2014 October 22nd – 24th Hyatt Regency Grand Cypress Orlando, FL Mark your calendar as busy on October
Ask the Tax Expert: Taxing Sales to Puerto Rico Destinations?
Another answer in a series of Ask the Tax Expert series, where Taxware Tax Research experts answers your sales and use tax questions. The following question
Tax Compliance
Virginia Fuel Tax and Your BBQ Propane
The Virginia Fuel Sales Tax and how it affects fuel for BBQs, home heating, and fuel purchases for other domestic use. Virginia levies a
New bill could introduce sales tax for Internet sales
Since Internet sales became popular, some brick-and-mortar retailers have been disgruntled because online retailers often aren’t required to collect sales and use tax. According to
IRS issues notice on covered entities for health insurance fees
The IRS recently published Notice 2014-47, which provided guidance on health insurance provider fees and the definition of a covered entity under the Affordable Care
CPA trade groups pen letter to Congress about net investment income tax
Under the Affordable Care Act (ACA), the net investment income tax (NIIT) was enacted under section 1411 of the Internal Revenue Code (IRC). The American
Tax Compliance
Cloud Computing: Part 2 – Are My Cloud-Based Transactions Tax Exempt?
*This is Part 2 of a 4-part blog series addressing the issues associated with sales tax and cloud computing. In Part 1, we addressed what
New e-file system for tax reporting in North Dakota
On Sept. 9, the North Dakota Department of Taxation will transition its website for electronic tax information reporting from Webfile to Taxpayer Access Point (TAP).
Tax Compliance
Cambios En El Impuesto A Las Ventas De Puerto Rico
Cambios En El Impuesto A Las Ventas De Puerto Rico – Lo Que Los Contribuyentes Necesitan Saber Para Mantenerse Al Día Also View in: Por
Getting it Right: The Importance of Sales Tax Holiday Content Updates
For retailers, the burden associated with Sales Tax Holiday administration can be enormous if they do not have a sales tax compliance management system in
Sales Tax Changes in Puerto Rico (PICO)
Sales Tax Changes in Puerto Rico – What Taxpayers Need to Know to Remain Compliant Also View in: Pursuant to the enactment of Laws 40