Tax & Accounting Blog

New Cost Basis Rules May Be Lost on Many

New Cost Basis Rules May Be Lost on Many

With taxpayers in the throes of planning their 2011 income tax returns, now’s a good time to remind filers not to overlook new cost basis reporting rules governing securities sales. In the past, they had the option of specifying which shares they sold when computing their cost basis. But as of 2011, taxpayers’ account custodians … Read More

Why Hungry Governments Are Turning to Transfer Pricing

Why Hungry Governments Are Turning to Transfer Pricing

Accounting Today’s latest article Global Governments Are Getting Hungrier, takes a close look at top international tax issues and how the global economic slowdown and increasing budget deficits are causing governments to focus on transfer pricing for additional revenue. International tax experts like Head of Thomson Reuters ONESOURCE … Read More

Treaty Exemptions for Business Profits – Part 5: A Fixed Place of Business

Treaty Exemptions for Business Profits – Part 5: A Fixed Place of Business

In order for an enterprise to have a fixed place of business, the place of business must be a building or physical location. The premises need not be owned or leased by the enterprise nor used exclusively by the enterprise. It is enough that the space is at the constant disposal of the enterprise. For … Read More

Data Management Podcast Series: Filing a Month Early? How About Two?

Data Management Podcast Series: Filing a Month Early? How About Two?

Chuck Kamen, Tax Manager from Lehigh Hanson kicks off our best practice data management podcast series with a look at how a very large cement and aggregates company is improving its data collection process and on track to file two months early with fewer resources. Listen here. In this series, some of the world’s most … Read More

TEI Wraps Up 62nd Midyear Conference in DC

TEI Wraps Up 62nd Midyear Conference in DC

4 Days, 500 tax professionals and 35 breakout sessions presented by dozens of industry leaders – together they’re a recipe for success at this week’s 62nd Midyear Conference in Washington, DC. Check out my video recap from the event. The conference kicked off with an engaging general session … Read More