Tax & Accounting Blog

Helping to Foster Developments in NJ Tax Departments

Helping to Foster Developments in NJ Tax Departments

The TEI NJ Chapter recently brought together close to 200 tax professionals to discuss industry trends and developments in federal, state, and international tax.  John Kuchinski from KPMG discussed the daily challenges that tax professionals face around data and legal entity information.  The career of a tax professional is an extremely tough job … Read More

Congress Allows Numerous Temporary Provisions to Expire at the End of 2011

Congress Allows Numerous Temporary Provisions to Expire at the End of 2011

Congress allowed numerous temporary provisions to expire at the end of 2011. But, note that Congress may retroactively reinstate some or all of these rules. Below are some of the provisions that expired. Reduced alternative minimum tax (AMT) exemption amounts.  Absent another AMT patch, the AMT exemption amounts for tax years beginning after 2011 revert to the … Read More

We’re Listening: User Communities

We’re Listening: User Communities

A big part of what we do is ask “How can we make the products easier for our customers to use? How are we designing products for our customers?” Those are the kind of questions at the core of how we engage feedback and set the direction of our products from our user communities. For years, we’ve engaged with our user … Read More

Alabama Governor Offers Another Sales Tax Holiday

Alabama Governor Offers Another Sales Tax Holiday

Governor Bailey, of Alabama, has proposed a possible sales tax holiday similar to Louisiana’s “Hurricane Preparedness” holiday, during which time supplies such as weather radios, flashlights, generators, and other weather disaster related supplies are exempt from sales tax.  This holiday would work much like the annual August Back-to-School holiday in Alabama, in which the state … Read More