The 1099 Drama Continues

The expanded 1099 filing requirement brought about in the March 2010 health care legislation and calls for its repeal are starting (continui...

Maine Spending in Tax System Greater than Outside It

A November 15, 2010 article in the Bangor Daily News - " Study: Tax breaks exceed state spending " by Leary, refers to a report p...

More on Colorado Use Tax Collection Approach

The Colorado Department of Revenue recently issued FYI Sales 79 - Sales of Taxable Items Over the Internet to provide specific guidance on ...

Small Businesses and Expanded 1099 Filing Obligations

On November 18, the Senate Committee on Small Business and Entrepreneurship held a hearing - Assessing the Regulatory and Administrative Bur...

1099s - The Good, the Bad and the Ugly

Well, need I say more than that title? Information reporting forms are certainly a useful compliance tool, but perhaps not for everything. ...

How heavy are FAQs?

With the constant stream of new tax rules passed by Congress since 2008 for "economic stimulus" and the IRS's own initiatives...

Deficit Commission Co-Chairs Issue Their Draft Proposals

On November 10, 2010, the co-chairs of President Obama's Deficit Commission - Erksine Bowles and Alan Simpson released a draft of the...

Expensing of Business Assets - New Treasury Report

Economic stimulus provisions of the past few years have included bonus depreciation and higher expensing amounts under IRC Section 179. Pres...