Income Tax
Recent Activity
Annette Nellen (Professor, San Jose State University)
On May 15, 2012, H.R. 1864, the Mobile Workforce State Income Tax Simplification Act of 2012, passed by voice vote in the House. It has since been referred to the Senate Finance Committee. This legislation deals with a state tax issue where for uniformity...
Annette Nellen (Professor, San Jose State University)
In a speech on May 17, 2012, House Ways & Means Committee Chairman Dave Camp stated: "If we are to unlock new opportunities for job creation and strengthen the economy, then we must take even larger steps toward comprehensive tax...
Debra Thompson (Principal, NADFAM, Temporary Controller)
Exit packages can consist of serveral components. In strategizing for one can anyone tell me the tax consequences of the following. Normal Severance (taxed as normal wages) Paid PTO (taxed as normal wages) Damages Settlement - Unsure Services for...
Anonymous (CFO)
There are a couple out there, anyone use them? I have just a couple of 1099s to submit. Thanks. Ken
Annette Nellen (Professor, San Jose State University)
Excerpt of one template. One way to understand various tax reform proposals is to determine the direct financial effect on you. I have created some templates for a few different proposals. The templates are intended to easily enable taxpayers...
Annette Nellen (Professor, San Jose State University)
In April 2012, the California Budget Project released a report - Who Pays Taxes In California? It is a reminder that while we sometimes here people say that low-income individuals do not pay taxes, that is not true. In fact, their data - likely...
Mark Pieper (Managing Consultant, Hisoft Technologies)
Any controllers/CFO's in the consulting industry - just want to ask how you handle employees state tax withholdings if they work with clients in multiple states during the year. I think most of the large firms tell their employees to file personal income tax filings...
Deborah Godfrey (Administrator, Bus Consultant, In-Between)
I ran into this situation one time during the 2012 tax season and would like to get some feedback on the proper handling of Home Mortgage Programs. As you know, there are many programs offered to assist individuals with paying for mortgages. The most recent one...
Annette Nellen (Professor, San Jose State University)
The White House has released more information about the "Buffett rule" which calls for individuals making over $1 million to have a higher effective tax rate - higher than those that make less. The additional information includes: An 8-page...
Annette Nellen (Professor, San Jose State University)
Recently, the Kogod Tax Center at American University and Bloomberg BNA released the results of a survey where advisers of both small businesses (less than $10 million of gross receipts) and medium-large businesses were asked how they would rate 15 tax reform...
