TaxConnections


 

TaxConnections Gives Our Highest Tax Book Recommendation – International Commerce – Financial And Taxation Law By William Richards Jr.

Kat Jennings

TaxConnections is fortunate to have of a community of intelligent and gifted tax authors. Recently, a book authored by one of our members named William Richards Jr. International Commerce – Financial And Taxation Law caught my attention.

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Set Up Your 2017 Calendar To Reflect New Filing Dates For 2016 U.S. Tax Returns

Ron Marini

On July 31, 2015, President Obama signed into law P.L. 114-41, the “Surface Transportation and Veterans Health Care Choice Improvement Act of 2015,” which includes a number of important tax provisions, including revised due dates for partnership, S corporations and C corporation returns and revised extended due dates for some returns.

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CEO Denton Farley Speaks About How MileIQ Makes His Job Easier

MileIQ

MileIQ is excited to speak with Denton Farley, CEO of Fly Consulting. His company helps small businesses manage their tech. See how he uses tech to manage his own thriving company and how MileIQ makes the process of tracking miles that much easier.

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A Practical Guide To The Enhanced R&D Tax Credit Program For Eligible Small Businesses And Eligible Start-Ups

Peter Scalise

The Federal-Level Research and Development Tax Credit Program (hereinafter “RTCP” or “RTC”) was originally enacted into the Internal Revenue Code (hereinafter “the Code”) through the Economic Recovery Tax Act of 1981 as a temporary provision of the Code at a time when research and development jobs were significantly declining throughout the United States. Notably, the RTCP was introduced into the Code to encourage businesses to invest in significant research and development efforts with the high expectations that such an advantageous tax incentive program would facilitate in stimulating economic growth and investment throughout the United States and prevent further jobs from being outsourced to other countries.

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Russia’s “Citizenship Reporting” Requirements – The U.S. Next? Your Taxes May Be Scrutinized!

John Richardson

The law does not make dual citizenship illegal; it is merely a reporting requirement.

Federal Law No. 142-FZ on Amendment of Articles 6 and 30 of the Federal Law on Russian Federation Citizenship and Individual Regulations of the Russian Federation, which took effect on 4 August 2014, makes it a criminal offence for Russian nationals to conceal dual citizenship or long-term residence abroad.

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Canadian Tax Help – How Does Accounts Receivable Affect Profitability?

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How do past due invoices impact my company’s profitability?

Although Accounts Receivable (AR) is considered an asset, having slow turnover of receivables can negatively affect your company’s bottom line.

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Virtual Currency – Recent Tax Matters And Concerns

Annette Nellen

First – On 11/8/21, the Treasury Inspector General for Tax Administration (TIGTA) released a report (dated 9/21/16) – Rising Use of Virtual Currencies Requires IRS to Take Additional Actions to Ensure Taxpayer Compliance. Per the release:

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Alert Your Clients To Possible Refund Delays In 2017

Ron Marini

Tax professionals should alert their clients that a new law requires the IRS to hold refunds until mid-February 2017 for people claiming the Earned Income Tax Credit or the Additional Child Tax Credit.

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Looking For Job Opportunities – Tax Manager, Pleasanton, CA & Senior Tax Analyst, San Francisco Bay Area/East Bay

Tax Jobs

Looking for a tax job? Trying to kick-start your career in a new city? Currently, There is a tax manager position in Pleasanton, CA. Also, there is a Senior Tax Analyst position near the San Francisco, CA area. Read the descriptions below to see if you would be a good fit.

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December 7th Is Fast Approaching – Don’t Miss This Webinar!

Monika Miles

As we edge closer to the end of 2016, some of you may already be thinking about setting your goals for 2017. And, if you’re not, maybe you should be! In that spirit, we are once again preparing to deliver the three part “Jumpstart Your Rainmaking” webinar series, beginning December 7th. If you’re a follower of this blog and my communications, you know that we discuss topics designed for professionals who need to sell their services. It’s tough to go out there and sell yourself every day!

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Foreign Asset Reporting For Entities: New For 2016!

Manasa Nadig

There is a lot of attention these days on big companies (Apple, Google, General Electric, Facebook and others) stashing their earnings overseas in what are considered tax havens to avoid paying U.S. taxes on their corporate income. Some international tax reform proposals have been suggested as to how to get the corporation to either bring this stash back into the U.S. by way of a “repatriation holiday” or “deemed repatriation” or ending the system of tax deferrals. Read More

See What The Buzz Is About – Try Practice Ignition And Make Your Job Easier!

Practice Ignition

Practice Ignition has been applauded for how much easier it makes your work. To read some previous articles on the matter, read here and here. If you are attempting to make your workload easier in order to focus on more of the important things of your profession, you should register for a free trial to Practice Ignition.

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