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State Net
State Net Capitol Journal – January 25, 2016; Utah Looking to Force Action on Internet Sales Taxes

Budget & Taxes UT Looking to Force Action on Internet Sales Taxes Utah Sen. Curt Bramble (R) said he and his colleagues will debate a bill this year requiring Utah-based businesses that sell on the Internet to collect sales taxes on those transactions...

LexisNexis Tax Law Community Staff
Recent Changes in Government Accounting and Financial Reporting Standards

By G. Robert Smith Jr. CPA CGFM Continuing Professional Education and Dwayne N. McSwain CPA Associate Professor of Accounting Sam Houston State University * Introduction The United States economy is comprised of two major sectors: the private sector...

LexisNexis Tax Law Community Staff
Suellen Wolfe on King v. Burwell

By Suellen M. Wolfe * The Patient Protection and Affordable Care Act (hereinafter referred to as ACA) [PL 111-148, 124 Stat 119 (Mar 23, 2010)] provides for health care reform law in the United States. The ACA consists of the Affordable Health Care...

LexisNexis Tax Law Community Staff
FATCA: Identifying US-related Swiss Bank Accounts

By William H. Byrnes and Robert J. Munro * Swiss banks that elected to participate in the Department of Justice Program for Non-Prosecution Agreements or Non-Target Letters for Swiss banks (the "Program") are required to identify "U...

State Net
State Net Capitol Journal – December 14, 2015; Alaska Governor Proposes Challenging Deficit Reduction Plan

Budget & Taxes AK Gov Proposes Challenging Deficit Reduction Plan Last week Alaska Gov. Bill Walker (I) unveiled his long-awaited plan to address the state’s multi-billion budget deficit, resulting from plunging oil prices and reduced...

Neil Aragones
ALERT! More Corporate Inversion Regs On The Way

The IRS and Treasury have issued Notice 2015-79, 2015 IRB LEXIS 583 (Nov. 19, 2015) , announcing the government’s intention to issue additional regulations targeting corporate inversion transactions. The initial announcement of the government’s...