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What Your R&D Tax Credit Study is Really Costing You
Abnormal Psychology: Proving the Existence of Obsolescence in Indiana
Cost Basis Reporting Rules Set to go Into Effect 1/1/2011. Is Your Company Ready?
Uncertain Tax Position Disclosures - Public Information or Self-Incrimination?
IRS Proposes New Schedule for Uncertain Tax Position Question & Answer
The Highlights of Canada HST Traditional Rules for Harmonization in Ontario and British Columbia
Thomson Reuters Ranks High on Best Global Brands List
Archive
Source: Mark VanCuren
According to a study conducted by KPMG, only one-third of companies that file for the research tax credit are able to sustain more than 80 percent of their claim. Losing credit is no small issue. For many companies, losing between $1 million and $2 million in R&D tax credit can translate to a loss of a penny per-share in annual earnings.
<<Read More>>Source: Kevin Chestnut, Joseph Glennon and Debbie Loesel
As the personal property filing deadline in Indiana approaches, taxpayers seeking adjustments for obsolescence should look to the guidance provided by the Department of Local Government Finance (DLGF). Indiana makes a distinction between normal obsolescence, for which no adjustments are available, and abnormal obsolescence, for which a taxpayer can receive an adjustment.
<<Read More>>Source: Ken Novak
In what will surely be a sea change to the brokerage and custodian information reporting community, the 2008 Energy Improvement and Extension Act added new § 6045(g) to the Code that will require basis reporting for sold securities.
<<Read More>>Source: Claire Crossman
The desire of the various governing bodies to have access to tax work products was not a new concept introduced by S-Ox. There are a substantial number of tax litigation cases where the key discussion revolves around whether or not tax-specific work products should be subject to external auditors upon request.
<<Read More>>Source: Cym Lowell and Mark Martin
On February 23, Thomson Reuters hosted a webcast addressing the recent announcement made by the IRS regarding the proposed changes of FIN 48. For those who were unable to attend this ONESOURCE Transfer Pricing event or would like to know more about the proposed changes, we have collected follow-up questions and answers.
<<Read More>>Source: Martin Lazaroff
After the EU VAT changes as of Jan. 1, 2010, it is Canada's turn for major change in its sales tax system. The Value Added Tax (VAT) known as the Goods and Services Tax (GST) is migrating on July 1, 2010, to two of the most significant Canadian provinces in terms of trade -- Ontario and British Columbia, as they are parting with their provincial sales taxes (PST).
<<Read More>>In a brand ranking that uses consumer trust as part of its criteria, it's a particularly gratifying honor to place among the top 50 global brands.
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