CCH Tax Day Report The Senate Small Business and Entrepreneurship Committee held a hearing on June 14 examining the prospects of tax reform and the removal of barriers to small business growth. Mark Mazur, former Treasury assistant secretary for tax policy, testified before the committee along with Annette Nellen on behalf of the American Institute […]

The post Senate Small Business Committee Examines Tax Reform, Current Compliance Costs appeared first on Tax & Accounting Blog.

Finding good staff is important, but keeping your existing staff can be even more critical. Perks like flexible work hours or fun office environment only go so far. When it comes down to it, your staff are spending most of their work day working. So to keep your staff happy, you need to make sure […]

The post 4 Hidden signs you need to improve employee engagement appeared first on Tax & Accounting Blog.

CCH Tax Day Report The Virginia Department of Taxation has issued final guidelines for retail sales and use tax refund claim procedures. Beginning July 1, 2016, legislation prohibits a purchaser from receiving interest on a refund claim for erroneously paid retail sales and use tax for any period prior to the date the purchaser submits […]

The post Virginia ~ Sales and Use Tax: Guidelines Issued for Tax Refund Claim Procedures appeared first on Tax & Accounting Blog.

CCH Tax Day Report Beginning September 1, 2017, a taxpayer’s petition for redetermination of corporation income tax, personal income tax, sales and use tax, or other tax liability computed by the Texas Comptroller must be filed with the Comptroller within 60 days after the date the notice of determination is issued. Formerly, a petition for […]

The post Texas ~ Multiple Taxes: Deadline for Petition for Redetermination, Refund Claim Hearing Amended appeared first on Tax & Accounting Blog.

CCH Tax Day Report As part of a package of recently signed legislation, state and city income taxes may be imposed on income earned or received in the portion of a renaissance zone that is included within a transformational brownfield plan when certain conditions are met. These conditions include the request of the owner of […]

The post Michigan ~ Corporate, Personal Income Taxes: State and City Income Taxes May be Imposed in Portion of Renaissance Zone Included in a Transformational Brownfield Plan appeared first on Tax & Accounting Blog.

CCH Tax Day Report Maine Gov. Paul LePage has signed legislation that makes several technical changes to the state’s personal income tax laws. Among other things, the legislation: – clarifies that the military retirement plan deductions apply to benefits received from service in the United States military; – repeals the deduction for certain dentists’ military […]

The post Maine ~ Personal Income Tax: Legislation Amends Military Retirement Pay Deductions, Calculation of Educational Opportunity Credit, and Other Provisions appeared first on Tax & Accounting Blog.