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Unlike last year’s glitch, this outage isn’t an IRS issue. On May 6, Wolters Kluwer reported that it was experiencing network and service interruptions affecting certain of its platforms and applications. That included software...

source: Forbes

2018's Supreme Court ruling in Wayfair may be getting all the attention, but there are some other areas of sales tax and state and local tax that practitioners and their clients can’t afford to ignore, according to Avalara’s Scott Peterson. In an interview at...

source: Accounting Today

A year ago, the new $10,000 cap on the federal deduction for state and local taxes prompted dire predictions for the real estate market, especially in expensive areas like New York and San Francisco. In these and other high-tax places, local property taxes alone can...

source: Governing

California officials have pursued Gilbert Hyatt for nearly three decades, trying to force him to pay state income taxes on royalties he began receiving in the early 1990s from his groundbreaking technology inventions. Hyatt moved from Southern California to Las Vegas just...

source: Cal Matters

Life just got a whole lot better for some recent college graduates. During the 2019 commencement address at Morehouse College, self-made billionaire Robert F. Smith announced that he was paying the student debt for the entire...

source: Forbes

You may not like paying taxes, but your burden will be even higher if others don’t pay their fair share. That, in a nutshell, goes a long way toward explaining why a value-added tax, or VAT, is used by just about every major country...

source: The New York Times

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