Treasury, U.S. lawmakers weigh in on EU state aid

U.S. Treasury Secretary Jacob Lew has objected to the European Commission (EC) on the use of European Union (EU) state aid investigations as a way to retroactively tax earnings that rightfully belong to the United States. Lew made the objections in a letter sent to EC...

Recent State and Local Tax Updates

Good news – Congress has made the Internet Tax Freedom Act permanent.  This Act is essentially a moratorium on state and local governments from: Imposing multiple or discriminatory taxes on electronic commerce and, Imposing taxes on Internet access. However, this does...

Business Briefs: Yes, a benefits plan audit could happen to you

  Many business owners worry about an income tax audit. But, if you sponsor an employee benefits plan, the IRS could audit it as well. Here are some common questions that plan administrators and sponsors might ask about plan audits. Where’s the bull’s-eye? The...