The IRS Voluntary Classification Settlement Program offers tax relief to employers that have misclassified an employee as an independent contractor.
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New proposed rules would significantly change the audit regime for partnerships and LLCs. Here’s what you can expect if finalized beginning in 2018.
Sales and use tax obligations may go undetected without frequent nexus reviews.
Regulators tend to frown on accounting firms doing taxes for companies they audit, according to a 2016 study published in The Accounting Review. When are businesses best served by separating audit and tax?
Uncertainty over the DOL overtime rule may cause planning problems for employers. Learn why.
The Tax Foundation midyear report on sales taxes provides a population-weighted average of local sales taxes, giving a sense of the average local rate in your state. Take a look.
Colorado has the distinction of having the most complicated sales and use tax regime in the nation. The Colorado Department of Revenue helps build the case for sales tax reform with facts and figures that demonstrate a mind-numbing level of sales tax dysfunction.
A 3-year effort to reform Colorado’s sales tax system - a quagmire of confusion and conflict - is underway at the State Capitol. The task force in its second meeting this summer looked to other states for possible solutions.