New R&D Tax Credit for Texas
Governor Rick Perry signed into law the new Texas Research & Development (R&D) tax credit.
Read MoreAccountant Wins Miss USA
Who said accounting wasn't exciting? The new Miss USA was crowned recently, and Erin Brady, an accountant from Connecticut, showed that brains and beauty are an unbeatable combination.
Read MoreSenate Passes Online Sales Tax Legislation
The Senate has passed the Marketplace Fairness Act, a somewhat controversial bill which attempts to make it easier for states to collect sales tax from online purchases.
Read MoreIRS Issues Gentle Reminder to Taxpayers with Foreign Assets
Apparently in response to the furor stirred up over the news of Apple, Inc’s savvy maneuvering in avoiding paying $7.7 billion in taxes in 2011 alone, the IRS has released a gentle reminder that US citizens and resident aliens “may have a US tax liability and a filing requirement in 2013.”
Read MoreWerfel Named Acting IRS Commissioner
President Obama has named Daniel Werfel as Acting IRS Commissioners.
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