Tax research

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.

There are currently 17 states offering sales tax holidays where state sales tax charges are temporarily dropped on back-to-school items such as clothing, footwear, classroom supplies, computers and certain other products, according to CCH.

Thomson Reuters has introduced Checkpoint Pocket Assistant, a mobile app that helps tax and accounting professionals perform tasks from an Apple iPhone.

Thomson Reuters has integrated the upcoming back-to-school tax holidays into its ONESOURCE Indirect Tax Software.

Conservative economist Dr. Arthur Laffer has co-written a study that identified a positive economic impact in efforts to require online retailers to collect sales taxes from customers on Internet purchases.

For some companies that got a temporary reprieve from the IRS in the height of the recession, the payback isn’t going to be as bad as they expected.

CCH said it has been selected for the ninth straight year by the Internal Revenue Service to deliver sales tax rate and taxability tables to help millions of Americans prepare their tax returns.

Thomson Reuters has released the 2013 edition of its annual Tax Planning Guide.

Seventy-nine percent of New Jersey CPAs anticipate their clients will pay more taxes in 2014 than 2013, according to a new survey.

Unauthorized immigrants are already paying $10.6 billion a year in state and local taxes, according to a new analysis that estimates an additional $2 billion revenue increase for the 50 states and the District of Columbia if undocumented immigrants who currently in the U.S. are allowed to work legally.

BDO USA LLP has named CCH as the primary research provider for its professionals nationwide.