HEADLINES HEADLINES

IRS faces allegations of targeting tax-exempt Tea Party groups

One issue accounts payable, accounts receivable, and other financial operations professionals are watching closely centers on recent news that the IRS may have acted unfairly in its reviews of...

Senate passes Marketplace Fairness Act, which now awaits vote in the House

The U.S. Senate has approved a measure that would require online retail sellers to collect and turn in sales tax, bringing to a head a debate that has been stirring for years. The Marketplace Fairness...

CFOs rank cost controlling high, tech upgrades low in new survey

As businesses begin to bounce back from the effects of the economic downturn, financial executives nationwide find themselves performing a balancing act, teetering between the goal of expanding their...

Meijer now accepting card from U.S. Bank's Voyager Network

Fleet drivers can now use their Voyager® network fuel cards at Meijer gas stations in the Midwest, thanks to an agreement announced today between Voyager network owner U.S. Bank and the...

Basware Analytics gives business leaders visual insight to boost financial performance

Basware, the leading provider of e-invoicing and purchase-to-pay solutions, has launched its advanced reporting suite, Basware Analytics. Offering sophisticated data visualization, it empowers...

Senate passes Marketplace Fairness Act, which is now headed to the House

The U.S. Senate has approved a measure that would require online retail sellers to collect and turn in sales tax, bringing to a head a debate that has been stirring for years. The Marketplace Fairness...

IRS releases updated FATCA 1042-S, 8957 draft forms for 2014 year

The IRS has recently released the new draft 2014 Form 1042-S, Foreign Person’s U.S. Source Income Subject to Withholding, and Form 8957 Account Tax Compliance Act (FATCA) Registration, for use by...

IRS now requesting IRPAC nominations for the 2014 session - Deadline May 31

The IRS is requesting nominations for membership to the Information Reporting Program Advisory Committee (IRPAC), which is charged with advising the IRS on administrative issues concerning the general...

IRS announces new appointments to advisory group IRPAC

Some of the new appointees are from companies that work with The Institute to provide resources and education, including Convey Compliance Systems, Cokala Tax Information Reporting Systems, and JP...

Taxpayers and IRS both need major help, advocate tells Congress in annual report

In a scathing annual report to Congress on Wednesday, National Taxpayer Advocate Nina Olson appealed for an overhaul of an increasingly complicated federal tax code that actually facilitates...
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