CCH Tax Day Report The Supreme Court has held that a plan maintained by a principal-purpose organization qualifies as a “church plan”, regardless of who established it. The Employee Retirement Income Security Act of 1974 (ERISA) generally obligates private employers offering pension plans to adhere to an array of rules designed to ensure plan solvency […]

The post A Church Plan Includes Plans Maintained or Established by Principal Purpose Organization (Advocate Health Care Network v. Stapleton, SCt.) appeared first on Tax & Accounting Blog.

CCH Tax Day Report The Tax Court lacked jurisdiction over an individual’s untimely petition to review the IRS’s denial of his whistleblower claim. The taxpayer received five letters over a span of 12 months denying his claim and each letter constituted an appealable determination. While the taxpayer could not recall exactly when he received each […]

The post Tax Court Lacked Jurisdiction over Untimely Petition for Review of Whistleblower Determination (Myers, TC) appeared first on Tax & Accounting Blog.

CCH Tax Day Report In January 2017, the Tennessee Department of Revenue issued Important Notice 17-01 (see TAXDAY 2017/01/31, S.38) to explain the requirements of a sales and use tax regulation (i.e., Rule 1320-05-01-.129(2)) that provides that out-of-state dealers who regularly and systematically solicit business in Tennessee must register by March 1, 2017, and begin […]

The post Tennessee ~ Sales and Use Tax: Out-of-State Dealer Registration Enforcement Delayed appeared first on Tax & Accounting Blog.

CCH Tax Day Report A taxpayer’s expenses incurred in printing telephone directories that there delivered within New York by two companies were subject to sales tax because they did not constitute being mailed or shipped by means of a common carrier or like delivery service within the common carrier exemption under Tax Law §1115(n)(4). It […]

The post New York ~ Sales and Use Tax: Deliveries of Telephone Directories Did Not Qualify for Common Carrier Exemption appeared first on Tax & Accounting Blog.

CCH Tax Day Report The Illinois Department of Revenue has adopted a regulation implementing a requirement under the State Tax Preparer Oversight Act that preparers of Illinois corporate and individual income tax returns include their preparer tax identification number (PTIN) on any return or claim for a tax refund prepared by the preparer. The PTIN […]

The post Illinois ~ Corporate, Personal Income Taxes: Regulation Implements State Tax Preparer Oversight Act appeared first on Tax & Accounting Blog.

CCH Tax Day Report The Illinois General Assembly adjourned its regular legislative session on May 31, 2017 without the House passing a Senate bill that would increase corporate and personal income tax rates, as well as expand the sales and use tax to certain untaxed services (TAXDAY, 2017/05/25, S.11). The House also failed to pass […]

The post Illinois ~ Multiple Taxes: Legislature Adjourns Without Final Action on Tax Hikes, Privilege Tax on Investment Management Service Businesses appeared first on Tax & Accounting Blog.