Tax research

Cincinnati, Baltimore and Cleveland ranked highest among large cities in their tax favorability for businesses, according to a new study by KPMG, with New Orleans and Baton Rouge, La., leading the way among smaller cities.

Government debt hit a record $16 trillion last week, accompanied by the usual calls for tax increases to help plug the gap between revenue and expenditures. But for those who believe that the way out of our deficit includes raising taxes, there’s a cautionary study that suggests otherwise.

Taxpayers who are still recovering from the economic downturn will get at least some relief in 2013 by way of the mandatory upward inflation-adjustments called for under the tax code, according to CCH.

The likelihood of being audited by the Internal Revenue Service has its strongest impact on laxly governed companies and fosters corporate truthfulness not just in confidential tax returns, but in public financial reports, according to new research.

Wolters Kluwer Tax & Accounting has acquired the assets of BSI, a provider of international tax, legal, business and investment information.

CCH has released a special tax briefing providing guidance and analysis of the Internal Revenue Service’s temporary regulations for repairs of tangible property and how they may require companies to change their accounting methods.

The Internal Revenue Service is offering a sneak preview of its revamped Web site, which is slated to go live at the end of the month.

Republican vice presidential candidate Paul Ryan paid effective federal tax rates of 20 percent in 2011 and 15.9 percent in 2010, tax returns released Friday night show.

To maximize your accounting firm’s overall efficiency, effectiveness and productivity in researching and resolving a tax issue and determining the sustainability of a client’s tax return filing position, the appropriate tax research processes must be meticulously designed, implemented and executed.

PTINdirectory.com has launched a searchable database of more than 700,000 federally-registered tax preparers. Preparers can be found by IRS-sanctioned credentials and industries, as well as by services offered and geographic criteria.

CCH has upgraded its CCH Mobile app to enable CCH IntelliConnect users to access, save and send tax research using Apple iPhone, iPad and Android devices.

Republicans, including Senator Lindsey Graham, accused Senate Majority Leader Harry Reid of lying by saying Mitt Romney hasn’t paid taxes for 10 years.

There were nearly four times the number of changes in indirect taxes such as sales and use taxes and value-added taxes around the world in the second quarter of this year, compared to the same period last year, according to a new report.

Now that it's constitutional, what does the Affordable Health Care Act mean?

Odds have now turned against those hoping that the health care law passed in 2010 will "just go away."

A new study estimates that at least $21 trillion and up to $32 trillion of unreported private financial wealth has been hidden by wealthy individuals in secret tax havens at the end of 2010, a sum equivalent to the size of the U.S. and Japanese economies combined.

Rep. Sander Levin, D-Mich., the ranking Democratic member of the tax-writing House Ways and Means Committee, plans to introduce legislation that would require Presidential candidates to make public 10 years of tax returns and disclose any overseas accounts.

Thomson Reuters said Tuesday that it plans to offer a number of tax and accounting reference handbooks for its Thomson Reuters ProView e-reader software.

KPMG has introduced an online resource that examines how tax authorities in 18 different countries are dealing with the challenge of taxing cloud computing services.

Thomson Reuters has released mobile versions of Thomson Reuters Checkpoint, the online service that provides research, news, analysis and productivity tools to tax, accounting, trade and finance professionals, for smartphones and tablets.