Tax research

There are already numerous studies attempting to peg the effect of tax rates on economic activity. There will undoubtedly be more, as politicians, economists and tax experts seek the magic formula to maximize both economic activity and government revenue.

The Internal Revenue Service audited 0.96 percent of individual tax returns in fiscal 2013, declining for the second straight year and reaching the lowest rate since 2005.

CCH has published a new tax briefing outlining some of the significant tax changes of the past year.

Thomson Reuters has debuted Quickfinder Tax & Financial Tools, a set of calculators, worksheets and financial tools for tax and accounting practitioners.

Accounting and advisory firm Marcum LLP has released the 2013 Marcum Year-End Tax Guide.

Corporate capital expansion plans present opportunities for companies to leverage tax credits and incentives, according to a new study by Ernst & Young that found such plans driving activity in this area.

Thomson Reuters has introduced a database on worldwide transfer pricing information for multinational companies.

Many small and midsize online retailers are worried about the impact on their profitability if federal legislation is approved that would require them to collect sales taxes from customers, according to a new survey.

Thomson Reuters has released a Web-based analytical tool to help tax practitioners and employee benefits professionals make decisions about the Affordable Care Act for their clients and companies.

Sales tax compliance technology provider Avalara has signed a strategic partnership with Moore Stephens North America, a regional association of accounting firms that is part of an international network, in the company’s latest deal with a major accounting firm group.

A new study examines the likely effects of a change in the U.S. corporate tax system from the current worldwide system to a new hybrid system similar to the territorial systems used by other developed countries and concludes that such a change would increase the repatriation of foreign earnings by U.S. multinational companies.

CCH has debuted a CCH eBooks app for the Apple iPad to provide tax research on the go to tax practitioners.

Check out the digital edition of the November 2013 issue of Accounting Today.

Thomson Reuters has released Checkpoint Credits and Incentives Pinpointer, a Web-based tool that helps businesses identify statutory credits and incentives that are available for each industry or location.

A new report from the Government Accountability Office examines corporate tax deferral, highlighting the distortionary impact on the economy.

A dozen emerging technology companies, including Twitter and Facebook, have enough unused tax breaks for executive stock options to eliminate all income taxes on the next $11.4 billion of U.S. income they collectively earn, according to a new report, giving them a net federal tax cut of $4 billion.

More and more companies are coming under scrutiny from tax authorities

Approximately 8,400 federal employees and contractors who were judged eligible for a security clearance from April 2006 to December 2011 owed approximately $85 million in unpaid federal taxes as of June 2012, according to a new government report.

The amount of money the federal government receives from corporate income taxes has been declining since 2008, mainly because of the recession, according to a new government report.

Thomson Reuters has released an updated special report on the tax changes in the Affordable Care Act, which have become more relevant now that the health insurance exchanges have opened for business in many states, despite the technical glitches on the federal site.