Every auditor loves having a good client.  What does that good client look like? A good client: Is on time and ready for the auditor Has all the documents available and organized Can easily answer all questions for the auditor Makes it easy to juggle several jobs a week during busy season – a benefit […]

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CCH Tax Day Report Recently enacted Wisconsin legislation amends a number of personal income and corporation franchise and income tax provisions. For purposes of claiming a capital gain deferral or exclusion based on investments in a qualified Wisconsin business, “investment” is defined to mean amounts paid to acquire stock or other ownership interest in a […]

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CCH Tax Day Report The Ohio Senate has passed a bill that would, if enacted, eliminate the bottom two personal income tax brackets. Like the version passed by the House, the bottom two income tax brackets applicable to income under $10,000 would be eliminated. Further, the low-income taxpayer credit would be eliminated. The House has […]

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CCH Tax Day Report Overriding Gov. Paul LePage’s veto, the Maine legislature enacted legislation requiring remote sellers to collect and remit sales tax on sales of tangible personal property, products transferred electronically or services that are delivered into Maine, and allowing the state to seek a judgment against remote sellers for uncollected tax, effective October […]

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CCH Tax Day Report The Louisiana Tax Free Shopping Program, which allows international visitors to obtain sales tax refunds on certain purchases, has been extended through July 1, 2023. Formerly, the program was scheduled to expire July 1, 2017. Under the program, individuals traveling in the United States for a three-month period or less with […]

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CCH Tax Day Report Louisiana Gov. John Bel Edwards has signed legislation that establishes termination dates for the following corporate and personal income tax credits and incentive programs administered by the Department of Economic Development: — Single sales factor apportionment program—No contracts may be entered into on or after July 1, 2017; — Angel investor […]

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