On February 26, 2014, U.S. House of Representatives Committee on Ways and Means Chairman Dave Camp (R-MI) released the proposed Tax Reform Act of 2014 (the Camp Proposal), which would simplify the Internal Revenue Code and reduce corporate and individual tax rates.
About the only thing nearly every politician in New York State can seem to agree on is that property taxes – among the highest in the nation – are excessive.
Transfer pricing is usually considered an international affair, but state governments, like there larger national brethren, have increasingly, and painfully, come to realize that inter-state transfer pricing has become a leaky valve in serious need of “professional” attention, if states are going to try and stem, if not reverse the outflow of state tax revenues and shore up their depleted state budgets.
This time of year many people are checking the mail box (or bank accounts if they choose direct deposit) for their tax refunds.
As this post is written, many people have either recently filed their tax returns or are getting ready to file by the April 15 deadline.
It’s not been a happy couple of years for the Texas Attorney General’s tax lawyers who’ve represented the Comptroller of Public Accounts in state court tax litigation.
With increasing access to private data over the Internet, identity theft and computer crimes are becoming more popular—and more heavily prosecuted.
Many commercial leases pass through to tenants a proportionate share of the landlord’s operating expenses and taxes for the property based on terms expressed in the lease.
With this year’s filing date approaching for the revised Texas franchise tax, the so-called “margin tax,” businesses with Texas operations should take a look at a recent internal memorandum from the office of the Texas Comptroller of Public Accounts.
According to an article published by Kristi Eaton of the Associated Press (“AP”) on February 20, 2014, NBA star Kevin Durant filed a lawsuit against his former accountant, Joel Lynn Elliott, CPA, for alleged mistakes made in the preparation of income tax returns.