Canadian budgets provide for sales tax rate increases, exemption eliminations and base expansions in order to help shrink growing deficits.
Department provides update to its comprehensive guidance on the sales and use taxability of various communication services.
Notice 2017-21 gives taxpayers working abroad a boost to the housing expense limitation under section 911 for certain high-cost locations.
Pennsylvania Department of Revenue removes letter ruling on the taxability of previously nontaxable software support services.
Department provides guidance to taxpayers affected by LaBelle Management decision, gives retroactive effect for all open tax years.
The Republican’s American Health Care Act curtails Medicaid and ends certain mandates, but leaves parts of the Affordable Care Act intact.
An IRS official announced that they will no longer rule on whether disproportionate distributions terminate subchapter S elections.
Official from the IRS’s Office of Chief Counsel confirms that field examiners are actively looking to challenge private equity fee waivers.