Below please find daily updates pertaining to the latest in financial, business, and tax news:
IRS slow to tell taxpayers when their information was disclosed
Posted: Thu Jul 21 06:30:30 PDT 2011By AccountingWEB Staff Just as the Obama administration seeks to protect consumers from breaches of personal privacy, the IRS is being told that it's too slow to tell taxpayers when their personal information wasn't kept private. read more...
AICPA debuts E.D.G.E. conference for future CPA leaders
Posted: Thu Jul 21 06:19:58 PDT 2011By Deanna C. White read more...
Tax strategy: Secure fast tax relief for disaster losses
Posted: Wed Jul 20 01:25:25 PDT 2011If a client has been victimized by the vicious tornadoes or floods throughout the country this year, or has suffered personal casualty losses due to some other natural disaster, he or she may not have to wait to file a 2011 tax return to recoup some tax benefits. Strategy: File an amended 2010 return for the client. Reason: The tax law allows an individual to claim a casualty loss in ...
Trucker use tax: IRS announces new filing date
Posted: Wed Jul 20 01:06:27 PDT 2011The Internal Revenue Service has advised truckers and other owners of heavy highway vehicles that their next federal highway use tax return, usually due August 31, will now be due on November 30, 2011. read more...
State and Local Tax: E-books are not subject to New York State sales and use tax
Posted: Wed Jul 20 01:00:26 PDT 2011By Nick Fiore read more...
