Tax research

The total number of state, county, city and transit sales tax rate increases in the U.S. rose to 129 in the third quarter of this year, compared to 69 in third quarter of 2012, according to a new report from Thomson Reuters.

CCH has released a new tax briefing offering insights and analysis to assist tax practitioners and their clients with year-end tax planning.

Thomson Reuters’ WorldTrade Executive brand has released the latest edition of Global Transfer Pricing Solutions, a book that covers regulatory changes and provides analysis in the field of transfer pricing.

The Income Tax School Inc. has introduced the All-States Individual Income Tax Guide, aimed at students of the company’s ITS Comprehensive Federal Income Tax Course in individual Form 1040 Individual Income Tax Preparation.

Legislation approved by the Senate earlier this year to require online businesses to collect sales taxes from out-of-state customers could have a unfair impact on businesses owned by minorities, women, veterans and other groups, according to a new study.

CCH has made several improvements to its ProSystem fx Engagement and Knowledge Coach products, designed to make it easier for audit professionals to monitor and report trial balance activity on multiple funds while ensuring compliance.

Bloomberg BNA has released its annual projections of U.S. tax rates for 2014.

Taxpayers will receive some tax relief next year, thanks to the Internal Revenue Service’s inflation-adjusted indexing provided under the Tax Code, according to estimates from CCH.

The Internal Revenue Service’s estimate of the so-called “Tax Gap,” the difference between taxes owed and taxes paid voluntarily and on time, needs to be more accurate, reliable, comprehensive and timely, according to a new government report released to the public Monday by the Treasury Inspector General for Tax Administration.

Thomson Reuters has released the FATCA Essentials library as part of its Checkpoint online research service, providing information on the Foreign Account Tax Compliance Act.

CCH has issued a new tax briefing to provide guidance and analysis of the Internal Revenue Service’s announcement that all same-sex marriages nationwide will be recognized for federal tax purposes.

Approximately 23.4 million individual income tax returns reported nonfarm sole proprietorship activity for tax year 2011, a 1.8 percent increase from 2010, according to newly released statistics from the Internal Revenue Service.

The Tax Policy Center, has released new estimates projecting that the share of Americans paying no federal income tax will drop from fully half in 2008 and 2009 to just 43 percent this year and will continue to fall to just a third in 2024.

CCH has updated its CCH Mobile App to enable IntelliConnect research platform subscribers to easily access and share content via Apple, Android, and Kindle Fire HD mobile devices.

Thomson Reuters has entered into an agreement with Claims-X-Change to provide a Web-based tool to perform nondiscrimination testing of employer-sponsored benefit plans, accessible through its Checkpoint research platform.

U.S. taxpayers filed 145.4 million individual income tax returns for tax year 2011, a 1.7 percent increase from 2010, according to newly released IRS statistics.

Among the many tax reform issues to be resolved in the months ahead is whether or not to produce a comprehensive tax reform bill or simply one limited to corporate reform.

CCH has improved navigation and other features in its online IntelliConnect tax and accounting research service, including a redesigned CCH Tax Calendar.

The National Federation of Independent Business and the S Corporation Association released a new study Wednesday showing that S corporations pay the highest effective rates of any business type.

A proposal to drastically cut or abolish state income taxes in Georgia and replace them with higher sales taxes would raise taxes on up to 80 percent of Georgia taxpayers and spike Georgia's average state and local sales tax to as high as 14.5 percent, according to a new study.