Your Taxes - AICPA Total Tax Insights

Most of the talk we hear about taxes is usually about income taxes. Yet, we all pay a lot of other types of taxes. A significant one for wor...

Local sales tax oddity - CA cities and Amazon

"Apricot capital of the world" located 90 miles SE of San Francisco, future home of an Amazon fulfillment center A May 19, 2012 a...

Mobile Workforce State Income Tax Simplification Act Passed in House

On May 15, 2012, H.R. 1864 , the Mobile Workforce State Income Tax Simplification Act of 2012, passed by voice vote in the House. It has sin...

Congressman Camp seeking comprehensive tax retorm

In a speech on May 17, 2012, House Ways & Means Committee Chairman Dave Camp stated: "If we are to unlock new opportunities for jo...

North Carolina Tax Modernization Efforts

"to be rather than to seem" About a year ago, SB 658 was introduced in the North Carolina legislature. It is entitled the "2...

Tax reform calculations for individuals

Excerpt of one template. One way to understand various tax reform proposals is to determine the direct financial effect on you. I have creat...

Prop 13 reports

Two reports on Prop 13 were issued recently:  (1) A chapter in the Joint Venture 2012 Index (pages 7 - 11 and 62 - 71, and (2) a March 2012 ...

Tax rate on dividends and job creation

Today's Politico (5/10/12) has an opinion letter to Treasury Secretary Geithner from 18 CEOs asking the Administration to not support in...

Alabama Simplifies Compliance with Technology

Alabama enacted SB 459, to create "ONE SPOT: Optional Network Election for Single Point Online Transactions."  Per Governor Bentl...

Romney, second homes and challenges of needed tax reform

Mr. Romney was right to suggest a deduction that should end is the one for interest on debt on a second home. There is no reason for the tax...