(NEW YORK, NY, June 7, 2017) — Wolters Kluwer Tax & Accounting solutions have been named winners in all three award categories in the 4th Annual Accounting Firm Operations and Technology (AFOT) Survey. CCH ProSystem fx Tax won top honors in the Profitability Awards (medium and large firms) and Productivity Awards (medium firms) while CCH […]

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Technology in multi-office firms isn’t typically that much different from technology in single-location firms. But the challenges these firms face are unique. Sharing documents, standardizing workflows, and even minimizing commute time are all issues that can be more difficult for multi-office firms to solve. Here are three firms and how they managed it. Sharing Documents […]

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CCH Tax Day Report A manufacturer of natural ingredients and botanical extracts was liable for wholesaling business and occupation (B&O) tax because its activities established substantial nexus with Washington. Prior to September 1, 2015, the physical presence standard applied to wholesaling activities. A person was physically present if it, or any agent or representative, engaged […]

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CCH Tax Day Report Legislation has been enacted that updates the Internal Revenue Code (IRC) tie-in date for purposes of computing Florida corporate income tax liability from January 1, 2016, to January 1, 2017. The amendment applies retroactively to January 1, 2017. The legislation also pushes up the due date for estimated tax payments that […]

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CCH Tax Day Report Enacted Colorado legislation amends provisions governing the calculation of excise taxes on the sale of retail marijuana. The enacted law requires the Department of Revenue to determine the average market rate on a quarterly basis, rather than on a biannual basis. The average market rate must include one or more rates […]

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CCH Tax Day Report For California property tax purposes beginning June 5, 2017, a claim of nonownership of nonexempt assessed property, by itself, will not provide a sufficient basis for invoking the nullity exception and thereby avoiding the assessment appeal process when a taxpayer seeks a reduction in an assessment on the local roll. However, […]

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