Tax & Accounting Blog

Sales Tax: California BOE Announcement of Regulatory Change

Sales Tax: California BOE Announcement of Regulatory Change

The California State Board of Equalization has announced that the recently adopted amendments to Sales and Use Tax Regulations 1533.2, Diesel Fuel Used in Farming Activities or Food Processing, and 1598, Motor Vehicle and Aircraft Fuels, were approved by the Office of Administrative Law on September 26, 2011, and filed with the Secretary of State. The … Read More

ONESOURCE Complex Property Tax Team Gearing Up For BTI

ONESOURCE Complex Property Tax Team Gearing Up For BTI

The Broadband Tax Institute is holding their Annual Conference at The Phoenician in Scottsdale Arizona, October 23 – October 26. The conference is designed to enhance our complex consultants ability to perform their roles as tax professionals in the telecommunications industry.  Our team will gain knowledge from guest speakers and breakout sections that cover current … Read More

Basis Reporting on Form 1099-B

Basis Reporting on Form 1099-B

Interim Guidance on Issues Relating to the Basis of Stock On June 22, 2011, the IRS issued Notice 2011-56.  The Notice provides guidance on some technical issues relating to the basis of stock subject to broker reporting under §6045, pending publication of superseding guidance. Notice 2011-56 contains interim guidance for cost basis reporting on … Read More