Tax Section
Tax issues and knowledge requirements can be overwhelming. From the burdensome workload to the competition of storefront tax preparation businesses, developing a successful tax practice can be incredibly challenging. How does a tax specialist deal with the pressure of keeping up with local, state and national tax law changes? CPAs serving all sectors participate regularly in the Tax Section discussion postings and enjoy federal tax updates from OSCPA tax expert Lynn Nichols, CPA. Section members regularly post questions seeking knowledgeable advice on new issues or laws. If tax preparation is part of your workload, you will benefit from Tax Section membership. Join today.
-
by
admin admin
| Sep 15, 2011
The Senate has passed a patent reform bill containing provisions that eliminate patents on tax strategies.
Full story
-
by
User Not Found
| Sep 08, 2011
Undocumented workers received refundable tax credits totaling $4.2 billion in 2010, a four-fold increase from the $1 billion given in 2005, according to a new report from the Treasury Inspector General for Tax Administration (TIGTA). In response, the IRS responded that it lacks the authority to disallow claims for the credit and a clarification of oftentimes controversial immigration policy.
Full story
-
by
User Not Found
| Sep 08, 2011
Individuals and businesses affected by Hurricane Irene get a break from the IRS.
Full story
-
by
User Not Found
| Sep 08, 2011
Kasich administration officials have floated the concept of centralizing municipal income tax collections in Columbus. Some local officials worry such a move would lower revenue and increase red tape.
Full story
-
by
User Not Found
| Sep 01, 2011
The IRS issued final regulations for the use of actuarial tables for valuing annuities, interests for life or a term of years, or remainder or reversionary interests.
Full story
-
by
User Not Found
| Sep 01, 2011
AICPA recommends that the IRS should extend the date for taxpayers to file forms associated with estate taxes for decedents who died in 2010 and the time period of estate taxes to be paid for 2010.
Full story
-
by
User Not Found
| Sep 01, 2011
U.S. taxpayers hiding income in undisclosed offshore accounts are running out of time to take advantage of a soon-to-expire opportunity to come forward and get their taxes current with the IRS.
Full story
-
by
User Not Found
| Sep 01, 2011
The Ohio Department of Taxation (ODT) is taking steps to collect a tax it is legally entitled to, but hasn’t been actively pursuing since it was implemented 75 years ago.
Full story
-
by
User Not Found
| Sep 01, 2011
The IRS has released a new form for tax-exempt organizations to request determinations about their tax-exempt status.
Full story
-
by
User Not Found
| Sep 01, 2011
The new InvestOhio plan will issue $100 million in tax credits to small businesses within the next two years, and is expected to create 30,000 jobs in the next biennium by attracting upwards of $1 billion in investment.
Full story