Tax & Accounting Blog

Watch the Video – Turn Your Tax Department into Rock Stars

Watch the Video – Turn Your Tax Department into Rock Stars

At last week’s SYNERGY 2012 conference, we debuted our “Tax Accountant Rock Stars” video to over 1300 tax professionals in Grapevine, TX. The video features old school accountants from 25 years ago transforming into the rock stars of their company with ONESOURCE. It’s set to the LMFAO song “Party Rock Anthem” … Read More

Foreign Nationals: Resident Alien or Nonresident Alien and Why It Matters: Part 3 – U.S. Tax Return Obligations for Nonresident Aliens

Foreign Nationals: Resident Alien or Nonresident Alien and Why It Matters: Part 3 – U.S. Tax Return Obligations for Nonresident Aliens

Tax return filing obligations for nonresident aliens depend on the type of income that they have during the tax year – ECI, FDAP income, or both.  Nonresidents with No ECI. Nonresident aliens whose only U.S.-source income is FDAP income on which the correct amount of tax has been withheld (including applicable tax treaty reductions or … Read More

Extensions Granted Due To Hurricane Sandy Remain In Place

Extensions Granted Due To Hurricane Sandy Remain In Place

Connecticut Commissioner of Revenue Services Kevin Sullivan has advised state taxpayers that the previously announced extension of state tax deadlines due to Hurricane Sandy through the end of the business day on November 7, 2012 remains in place. State tax deadlines will not be affected by any Internal Revenue Service (IRS) extensions for federal tax … Read More

Connecticut Governor Issues Another Executive Order Due To Hurricane Sandy

Connecticut Governor Issues Another Executive Order Due To Hurricane Sandy

Due to Hurricane Sandy, Connecticut Governor Dannel Malloy has issued Executive Order 26 dated October 31, 2012, which extends the tax filing deadline from October 31, 2012 to November 15, 2012 for those that pay property taxes on a quarterly basis. Municipalities may not assess interest on the amount due if the payment is received … Read More