Tax & Accounting Blog

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

Marilyn Jentzen Receives Award During Georgia Leadership Conference

Marilyn Jentzen Receives Award During Georgia Leadership Conference

Marilyn Jentzen, Vice President, Sales and Marketing for ONESOURCE Property Tax was named as one of the Most Powerful and Influential Women of Georgia by the National Diversity Council during the Georgia Leadership Conference, which was sponsored by Thomson Reuters in honor of Diversity month.  Donna Brazile, noted political commentator, interim Chair of the Democratic … Read More

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Changes in Connecticut Property Tax Filing In 2011

Companies filing property tax returns in the state of Connecticut will see changes in form requirements for the November 1, 2011 return due date.  The M-65 Manufacturing M&Exemption Claim and the Supplemental State Form for Manufacturing and Biotechnology have been replaced by the Grand List Manufacturing and Equipment Exemption Claim. Due to this change the … Read More

IRS Updates List of Tax Treaties that Are Satisfactory for Purposes of the Qualified Dividend Rule

IRS Updates List of Tax Treaties that Are Satisfactory for Purposes of the Qualified Dividend Rule

When a domestic corporation or a qualified foreign corporation pays a dividend to an individual shareholder, the dividend is taxed at the reduced rates applicable to long term capital gains if the shareholder meets certain holding period requirements. Subject to certain exceptions, a qualified foreign corporation includes certain foreign corporations that are eligible for benefits of … Read More

11th Annual Global Transfer Pricing Forum Draws Worldwide Attendance

11th Annual Global Transfer Pricing Forum Draws Worldwide Attendance

At this year’s Global Transfer Pricing Forum, over 200 tax professionals from around the globe gathered to hear what transfer pricing experts had to say about key issues facing transfer pricing professionals today, as well as their insights on the best transfer pricing strategies. As a sponsor, Thomson Reuters placed strong emphasis on showcasing their … Read More