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United States News - Business, Taxation & Offshore


US Urged To Trim Tax Form W-4

by Mike Godfrey, Tax-News.com, Washington

Monday, July 16, 2018

The American Institute of CPAs has urged the Internal Revenue Service and the US Treasury Department to simplify the draft 2019 Form W-4, Employee's Withholding Allowance Certificate, and the accompanying instructions, to reduce administrative burdens on taxpayers.Read Full Story


IMF Urges US To Hike Indirect Taxes

by Mike Godfrey, Tax-News.com, Washington

Friday, July 6, 2018

The International Monetary Fund has recommended that the United States raise indirect taxes to boost revenues, to offset the cost of recent tax cuts and spending increases.Read Full Story


IRS Announces Plans To Simplify Personal Income Tax Return

by Mike Godfrey, Tax-News.com, Washington

Monday, July 9, 2018

The US Internal Revenue Service has announced plans to streamline the personal income tax return for the 2019 tax filing season, to reflect changes brought about by the Tax Cuts and Jobs Act.Read Full Story


Wolters Kluwer Tax Expert Weighs In On Landmark Wayfair Ruling

by Mike Godfrey, Tax-News.com, Washington

Friday, June 29, 2018

The decision by the US Supreme Court to drop the physical presence requirement for states to impose sales tax will have an "incredible impact" on states' tax regimes and revenues, according to Mark Friedlich, Senior Director of Tax and Accounting, North America, Wolters Kluwer.Read Full Story


US Supreme Court Permits States To Tax Remote Sales

by Mike Godfrey, Tax-News.com, Washington

Tuesday, June 26, 2018

In a landmark decision on June 21, the Supreme Court of the United States overturned existing case law by ruling that a state can collect sales tax on remote sales even when the vendor does not have a physical presence in the state.Read Full Story


Mauritius's FATCA Filing Deadline July 31

by Mike Godfrey, Tax-News.com, Washington

Thursday, June 14, 2018

The Mauritius Revenue Authority on June 11, 2018, warned those financial institutions required to report information on the accounts of US persons under the US Financial Account Tax Compliance Act that declarations are required by July 31, 2018.Read Full Story


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