This Week's Features

IRS Offers 1-Year Delay on Backup Withholding Penalty

Banks and other businesses that work with payment cards and third-party network transactions just received a bit of a breather. Business Finance

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Credit Suisse Disclosing U.S. Client Data After IRS Request

Credit Suisse Group AG, Switzerland's second-biggest bank, told U.S. clients it is giving confidential client account data to the Swiss tax authorities, who will decide whether to disclose it to the Internal Revenue Service. Bloomberg Businessweek

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Report: Dozens of Big U.S. Firms Pay No Income Taxes

Many of the nation's most profitable companies are paying far less than the government's 35 percent corporate income tax rate, with dozens paying no taxes at all, according to a controversial new report. Los Angeles Times

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Repeal of 3 Percent Withholding Passes House

The three percent withholding rule that required the federal government, along with most state and local government entities, to withhold three percent from most of their payments to some contractors, has taken one more step toward extinction. Business Finance

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State Taxes on Fire

State tax collections are hot, hot, hot. The taxman rustled up 16 percent more in state income taxes for the second quarter of 2011 compared to the same period in 2010. Where is this phenomenal growth coming from? Reuters

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How to Maximize Your Home Office Tax Deductions

How can you take the allowed maximum deduction while minimizing your chance of an audit? The key is knowing (and following) the rules. Mashable Business

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Senate Advances Modest Jobs Measure

Democrats plan to amend the measure to provide tax incentives for businesses that hire or help unemployed veterans. IndustryWeek

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White Papers

Export Operations & Compliance Benchmark Report: Going Global with Regulatory Reform

In this time of economic uncertainty, with domestic sales opportunities dwindling, many firms are finding that expanding markets abroad is the key to sustainability. Thus, U.S. firms are eager to go global, and to do that successfully requires minimal barriers to global trade. Export control reform is considered a key to increasing U.S. exports, and keeping U.S. industry viable.

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Webinar

How to Gain and Keep Stakeholder Commitment in a Tax Provision Rollout

At a time when corporate tax and accounting departments are caught between shrinking staff and ever-tightening budgets, it's getting harder than ever to initiate a tax provision project and see it through to completion. On Nov. 10, in this final chapter of CCH's tax accounting series "Four Steps to Tax Provision Success," you will be see how organizations can review current provision projects, eliminate obstacles, and keep plans on track for success.

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