Tax Court Ruling Expands Whistleblower Rewards

by Tim Marshall 9. August 2016 09:48
In a recent ruling by the U.S. Tax Court, two whistleblowers were awarded $17.8 million. This decision considerably increases the scope of what can be claimed, and could result in both larger awards and in more whistleblowers coming forward in the future. The IRS whistleblower program allows indivi... [More]
Categories: Tax

Digital Product Sales Tax Enacted

by Kevin McGarry 4. August 2016 09:11
Residents of Pennsylvania are now subject to a six percent sales tax on digital products as defined under Act 84 of 2016. Digital products, as it pertains to this tax, include “any product transferred electronically to a customer by download, streaming, or through other electronic means”... [More]
Categories: Tax

Some Accounting Benefits Are Obscured In “The Cloud”

by Mark Gibbons 1. August 2016 14:21
The use of “cloud” storage technology supported by services such as iCloud, Amazon Web Services, and Dropbox has achieved ubiquity in our everyday lives for applications such as photo storage, transferring documents, and remote server hosting. The business applications are many, and acco... [More]