Tax strategies

The Tax & Accounting business of Thomson Reuters has introduced a series of sales and use tax courses on its Checkpoint Learning system.

CCH has issued a new Tax Briefing on President Obama’s new deficit reduction plan, with its $1.5 trillion in tax increases.

The plan for Economic Growth and Deficit Reduction recently released by President Obama offers a view into specific tax provisions that Congress may be asked to enact before the end of the year.

IMGCAP(1)]As an accountant, I have a unique vantage point to observe how entrepreneurs change their decisions based on tax policy.

A bipartisan group of 75 lawmakers has written to IRS Commissioner Doug Shulman asking him to fix inequities in the Tax Code that place married same-sex couples and registered domestic partners at a disadvantage.

The two leaders of the Senate Finance Committee have introduced legislation to make the simplified research and development tax credit permanent.

President Barack Obama introduced a $3 trillion deficit reduction plan on Monday that includes a new tax on millionaires, lower corporate tax rates, and the closing of tax loopholes and tax breaks, especially for the wealthy.

Credit Suisse has reached an agreement with German prosecutors to pay 150 million euros, or approximately $204 million, to resolve a tax dispute stemming from secret accounts at the Swiss bank belonging to German citizens.

President Barack Obama is expected to propose a new tax rate for millionaires as part of his long-term deficit reduction plan on Monday.

President Obama signed the patent reform bill into law on Friday with provisions outlawing patents on tax strategies.

Taxpayers still trying to cope with the fallout from the recession are expected to get some tax relief next year from mandatory annual adjustments in tax brackets, according to CCH.

Will $447 billion in new taxes help to create jobs, or kill them?

The National Association of Tax Professionals is asking the Internal Revenue Service to clarify a murky provision in the updated Circular 230 rules that seemingly prohibits registered tax preparers from providing “tax advice” to clients unless they're preparing a tax return.

President Obama released his jobs bill, known as the American Jobs Act, to Congress on Monday, with tax credits for new hires and an expansion of the payroll tax cut.

Despite all the new tax regulations, registration requirements, and the promise of new tax legislation, there’s one thing that return preparers can eliminate from their worry list: tax strategy patents.

President Obama addressed a joint session of Congress on Thursday evening to present a jobs bill containing an expansion of the payroll tax cut, tax breaks for new hires and salary raises, and other tax reform measures.

The Senate approved a patent reform bill on Thursday containing provisions that eliminate patents on tax strategies.

Amazon.com has reportedly clinched a tentative deal with legislative leaders in California to begin collecting sales taxes in September 2012 in exchange for dropping a voter referendum drive aimed at repealing a recently passed law that would require online retailers to collect sales taxes.

Republican presidential candidate Mitt Romney introduced a 160-page plan for generating jobs and economic growth, including reductions in the corporate tax rate, along with the elimination of taxes on capital gains, interest and dividends.

Labor unions representing registered nurses have organized protests outside the offices of 61 members of Congress calling on lawmakers to support a Wall Street transaction tax.