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A wealth of information from TaxOps

We want to share our knowledge and tools to help you achieve greater business success. For the latest tax developments and insights into leading practices, we invite you to:

Disclaimer: Before relying on information provided on this site, contact a tax professional to discuss the implications to your particular tax situation as it is not possible to provide comprehensive tax advice over the internet.

IRS issues standard mileage rates for 2019

The IRS issued the 2019 optional standard mileage rates used to calculate the deductible costs.

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California announces 2019 use tax collection requirements for out-of-state retailers

California announces new use tax collection requirements on out-of-state retailers to begin April 1, 2019.

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Are Your Clients Personally Liable for Sales Tax Debt?

"Responsible parties” can be personally liable for sales tax obligations. Who is a responsible party and why is the ask so invasive for business owners and other stakeholders? Learn more from Judy Vorndran of TaxOps at CPA Practice Advisor.

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How to Determine Your Client's Sales Tax Obligations

By releasing their personal information to SALT authorities, clients become a responsible party, on the hook for accurate and timely sales and use tax collection/remittance at the company level. Learn more from Judy Vorndran of TaxOps via AccountingWEB.

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IRS issues new voluntary disclosure practices that may raise penalties

New voluntary disclosure practices clarify the IRS's practices going forward to bring taxpayers back into the fold.

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Big news: CDOR extends grace period for Wayfair rules to May 31, 2019

The Colorado Department of Revenue's announcement that it would extend the grace period for complying with newly initiated Wayfair rules until May 31 of next year will give lawmakers more time to move forward on efforts to simplify the system for sales tax collections.

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Does your state have a throwback rule?

Throwback rules are not widely understood, but they have a notable impact on business location and investment decisions. Check out the map.

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Corporate tax rates decline around the world

Most countries have corporate tax rates below 30 percent, according to analysis by Daniel Bunn at the Tax Foundation.

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