Tax & Accounting Blog

Paula Singer Releases Four Whitepapers on Nonresident Alien Taxation

Paula Singer Releases Four Whitepapers on Nonresident Alien Taxation

Nonresident alien taxation, which encompasses the special payroll withholding and reporting rules for nonresident alien employees and the withholding of tax on U.S.-source income paid to nonresident aliens and foreign entities (traditionally referred to as NRA withholding) has become a critical issue for organizations that pay foreign individuals and entities. Upcoming implementation of FATCA rules and … Read More

Adopting Holistic Measures of Tax Performance

Adopting Holistic Measures of Tax Performance

Implementation of the real property tax in emerging economies can be difficult if it is viewed simply as an assessment performance exercise. Careful consideration of billing and collection performance, as well as overall administrative efficiencies, will most often lead to improved procedures, structures and enhanced tax collection. Administrative Costs vs. Revenues Governments are charged with … Read More

Colorado Springs Expands Tax Breaks to Attract Business

Colorado Springs Expands Tax Breaks to Attract Business

Colorado Springs’ Mayor, Steve Bach, has unveiled a new tax plan for the city featuring tax breaks for companies relocating to or expanding their operations within the city and “commercial aeronautical zone.” These breaks, which Bach called “economic vitality accommodations,” are only intended to be temporary changes to the city’s tax policy. The incentives include rebates for the city’s … Read More

Massachusetts Mayors Form Massachusetts Main Street Fairness Coalition

Massachusetts Mayors Form Massachusetts Main Street Fairness Coalition

There has been a lot of recent news about online retailers, Amazon specifically, beginning to charge sales tax on online purchases within select states.  Massachusetts is not one of those states and a group of Massachusetts governors have developed a coalition, The Massachusetts Main Street Fairness Coalition, to force them to apply sales tax in their state as … Read More

Estimated Payments – Whose Job is it anyway?

Estimated Payments – Whose Job is it anyway?

Like cleaning rain gutters, ensuring the proper amount of tax is paid with Estimated Payments is something you know you must do, but it is a thankless task that no one really wants to do, much less do it every 3 or so months. The data used to compute Estimated Payment liability may originate from … Read More