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Google Tax Spreading to Other Countries?

By Amanda Wilson on Mar 18, 2015 in Congress, International, IRS, Tax, tax code

By:  Amanda Wilson In December of last year, the UK announced a 25% tax on US multinational companies that do business in the UK but avoid paying UK tax through careful tax planning (for example, through the use of tax treaties).  This tax has been...

IRS Reviewing Fewer Business Returns

By Amanda Wilson on Mar 3, 2015 in audit, budget, Business Owners, Federal Income Tax, International, IRS, Tax

By:  Amanda Wilson The IRS announced yesterday that it examined 6 percent fewer tax returns in 2014 than 2013.  In addition, the total number of tax exams for business returns has dropped to the lowest level in eight years.  For large corporations,...

Budget Woes Continue to Hit IRS

By Amanda Wilson on Feb 25, 2015 in budget, code, IRS, Tax

By:  Amanda Wilson Earlier this week, IRS Commissioner Koskinen delivered a speech that discussed the challenges that the IRS continues to face as a result of budget reductions.  IRS staffing is already down 13,000 full time employees since 2010,...

Key Extension of Health Exchange Sign-up Deadline

By Amanda Wilson on Feb 20, 2015 in government, IRS, Obama care, Tax

By: Amanda Wilson A Health and Human Services official announced today that the deadline for signing up for coverage through HealthCare.gov from February 15h through April. This extension will provide many individuals that had not signed up by the...