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We welcome, Revident d.o.o., our new member firm in Bosnia and Herzegovina to the global accountancy network UHY, extending our coverage within Europe. The firm is in the process of adopting the UHY branding and will soon be known as UHY Revident d.o.o.

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France’s new digital services tax applies a 3% tax to large digital companies, targeting revenue from online advertising, user data and intermediation platforms.

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Kane Polakoff has joined UHY Advisors as Practice Leader of the Client Accounting Advisory Services (CAAS) practice.

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After drawing much ire from taxpayers and tax professionals alike for a confusing, inaccurate tax withholding estimator, the IRS has released a revamped version that promises a new approach and an easier way for taxpayers to review their withholdings.

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In recent months, many states have changed methods of allocating sales from the cost-of-performance to a more market-based sourcing.

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Global accountancy network UHY has recently added to its resources by welcoming new member firms in Egypt and Paraguay.

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If a taxpayer undergoes an IRS audit, appeal, refund claim or collection matter and the IRS takes an unreasonable position against them, they may be able to recover some of the costs of the procedure.

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Last month, New Jersey, New York and Connecticut filed a suit against the IRS and Treasury Department challenging rules that restrict certain workarounds to the cap on state and local tax deductions.

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Section 4960 of the Tax Cuts and Jobs Act of 2017 enacted a 21 percent excise tax on excessive employee compensation for tax-exempt organizations.

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Accounting Standards Update (ASU) 2018-08 Not-For-Profit Entities (Topic 958), Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made will introduce changes in the way not-for-profit (NFP) entities record revenue.

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