CCH Tax Day Report Legislation has been enacted that updates the Internal Revenue Code (IRC) tie-in date for determining corporate and personal income tax liability from January 1, 2016, to January 1, 2017. The requirement for reporting federal changes that affect North Carolina corporate income tax liability has been expanded to include federal corrections or […]

The post North Carolina ~ Corporate, Personal Income Taxes: IRC Conformity Tie-In Date Updated, Other Changes Enacted appeared first on Tax & Accounting Blog.

CCH Tax Day Report Recently enacted Nevada legislation authorizes the Department of Taxation to allow additional credit amounts to be claimed against the modified business tax and the financial institution modified business tax for donations of money to a qualified scholarship organization. Specifically, in addition to credit amounts previously authorized for fiscal year 2017-18 under […]

The post Nevada ~ Miscellaneous Tax: Additional Credit Amount Authorized for Scholarship Organization Donations appeared first on Tax & Accounting Blog.

CCH Tax Day Report Louisiana Gov. John Bel Edwards has signed legislation that, for purposes of claiming the insurance premium tax credit for qualifying Louisiana investments, requires a health maintenance organization (HMO) to: — offer fully insured commercial or Medicare Advantage products; — be domiciled and licensed in Louisiana; — operate in Louisiana; — maintain […]

The post Louisiana ~ Insurance Tax: Investment Credit Requirements for HMOs Adjusted appeared first on Tax & Accounting Blog.

CCH Tax Day Report Taxes imposed by the Patient Protection and Affordable Care Act (ACA) (P.L. 111-148) would be repealed within the larger repeal-and-replace discussion draft of the “Better Care Reconciliation Act of 2017,” unveiled by Senate Republican leaders on June 22. Senate Democrats have rejected this draft, which means Republicans can afford to lose […]

The post Senate Republicans Propose Repeal of ACA Taxes appeared first on Tax & Accounting Blog.

You won’t find me in the office right now. It’s off season, a.k.a. conference season for me. I’m out and about.  Are you? Have you thought about where you’ll be late summer and fall? Have you thought about the changes you want to make to your firm? All the new technologies to adopt and all the new tax laws that may or […]

The post Get out of town… And start learning! appeared first on Tax & Accounting Blog.

CCH® iFirm Tax offers tax professionals mobility and speed to take their firm into the future TORONTO, June 22, 2017 – Wolters Kluwer Tax & Accounting, a leading provider of innovative software solutions and tax expertise, today launched CCH iFirm Tax, Canada’s first cloud-based tax software for accountants, bookkeepers and tax professionals. CCH iFirm Tax […]

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