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> Information provided on this site is for general guidance only and is often simplified. Actual IRS procedures are complex, and taxpayers should obtain professional assistance or use IRS sources for complete information.

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Features Latest News
Charities Press For Permanent US Tax Provisions,
by Mike Godfrey, Tax-News.com, Washington
Last updated 45 hours ago | Friday, November 21, 2014
A wide range of national and state charitable organizations has written a letter that has strongly urged the United States Congress, before the end of 2014, to make permanent the package of five charitable tax provisions in the America Gives More Act. [ FULL STORY ]
States Lose Patience Over US Internet Sales Tax,
by Mike Godfrey, Tax-News.com, Washington
Last updated 46 hours ago | Friday, November 21, 2014
The National Conference of State Legislatures has sent a letter to House of Representatives Speaker John Boehner, expressing its "disappointment and frustration" with his announcement ruling out passage of the Marketplace Fairness Act during the current lame-duck session in the US Congress. [ FULL STORY ]
ICC Welcomes G20 Commitment To Bali Package,
by Mike Godfrey, Tax-News.com, Washington
Thursday, November 20, 2014
The International Chamber of Commerce has welcomed the 2014 G20 Summit declaration, which outlines, among other things, a commitment to implement all elements of the World Trade Organization's Bali Package and to swiftly define a WTO work program on the remaining issues of the Doha Development Agenda. [ FULL STORY ]
Wide US Coalition Insists On Tax Extender Renewal,
by Mike Godfrey, Tax-News.com, Washington
Thursday, November 20, 2014
More than 500 United States organizations, representing a wide range of individuals, businesses, and non-profit organizations, delivered a letter on November 18 to the House of Representatives urging lawmakers to work together during the current congressional lame-duck session to deal with the "tax extenders" package. [ FULL STORY ]
US Relies Comparatively More On Income Tax,
by Mike Godfrey, Tax-News.com, Washington
Tuesday, November 18, 2014
A new paper from the Tax Foundation points out that, while most Organisation for Economic Co-operation and Development countries lean more on tax revenue from consumption taxes than other taxes, the United States relies more on individual income taxes, while raising relatively little from consumption taxes. [ FULL STORY ]
DIFC Aims To Replicate First Ten Years' Growth,
by Lorys Charalambous, Tax-News.com, Cyprus
Monday, November 17, 2014
The Dubai International Financial Centre, a free zone in the United Arab Emirates, used the occasion of its ten-year anniversary on November 10, 2014, to highlight its progress over the last decade and to discuss its goals for the future. [ FULL STORY ]
Business To Study Potential US-Brazil FTA,
by Mike Godfrey, Tax-News.com, Washington
Monday, November 17, 2014
On November 11, the Brazil-US Business Council signed a Cooperation Agreement with the Brazilian National Confederation of Industry to conduct studies on a potential free trade agreement between the two countries and report back to both Governments on their findings. [ FULL STORY ]
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