Tax & Accounting Blog

The Department of Revenue has issued their Public Utility Realty Tax (PURTA) surcharge rate for the 2014 tax year. The PURTA surcharge is paid on every dollar of a utility’s gross receipts with the exception of mobile telecommunications services and telephone or telegraph messages broadcasted in interstate business. The 2014 PURTA surcharge rate is zero … Read More

What you need to know, plus a sample letter you can send to your clients.

A common withholding exemption is a claim under an applicable provision of an income tax treaty with the country of tax residence of the income’s beneficial owner. Such a claim must be made by the vendor on a valid Form W- 8BEN, or a Form 8233 in the case of treaty claims by individuals on … Read More

We've updated the way you select Preseason preferences and submit your CIF for GoSystem Tax RS.

One simple equation that can make every marketing effort more powerful.

On August 6, 2013, the IRS released a draft of 2013 Form 8960, Net Investment Income Tax – Individuals, Estates, and Trusts.  Taxpayers use the form to compute the 3.8% surtax on net investment income, added by the 2010 Health Care Act.  The IRS has not yet released instructions to the form. The IRS … Read More