Tax News
IRS Opens More Business Payments through Direct Pay
Avoid the quarterly hassle of making business payments with a new, easier online channel. Exciting news! The IRS has opened Direct Pay to businesses now, making payments a whole lot easier. When tax compliance becomes simpler, you have more time to focus on your...
Tax Relief for California Wildfire Victims; Various Deadlines Postponed
Individuals and businesses with their principal residence or principal place of business in Los Angeles County during the Los Angeles County fires that began on January 7, 2025, qualify for a postponement to file and pay taxes until October 15, 2025. Tax relief is...
New ZIP Codes for 31 Communities: A Win for Local Tax Revenues
H.R. 8753, which has been passed in the House and is now awaiting consideration in the Senate, would mandate the USPS to assign unique ZIP Codes to 31 communities. By Connie Zoerink In a significant move for smaller and newer localities, H.R. 8753, introduced by...
Performing Multistate Nexus Reviews CPE
Join Judy Vorndran and Stacey Roberts at TaxOps for upcoming CPE on assessing business filing obligations in other states. Performing Multistate Nexus Reviews: Assessing Sales, Income, and Other Tax Exposure Tuesday, January 21, 2025 | 11:00 - 12:50 MT Register Stacey...
Meet Linda Shaver, State and Local Tax Specialist at TaxOps
State and Local Tax Specialist Linda Shaver brings her extensive skills in indirect tax and project management to client matters across industries. As our team at TaxOps expands, we bring on specialists with complimentary expertise, ready to deliver outstanding client...
Action Needed: Illinois State Seller’s Use Tax Changes for 2025
Beginning January 1, 2025, Illinois retailers must switch from collecting Use Tax (UT) on out-of-state sales to calculating destination-based Retailers’ Occupation Tax (ROT). Important changes have occurred in the calculation of Illinois state seller’s use tax as of...
Simplifying Sales Tax in Colorado: A Conversation with Legislator Cathy Kipp
In this episode of the SALTovation podcast, we are taking a deep dive into the complexities of Colorado’s sales and use tax administration, highlighting ongoing challenges and the need for reform. Representative Cathy Kipp prepares to take her seat in the Colorado State Senate in January 2025 and discusses the significance of this moment in Colorado’s tax landscape. Cathy talks about the importance of stakeholder engagement, as tax professionals and legislators work together to simplify the tax system for small businesses. Listen as Cathy explains many of the frustrations faced by taxpayers and the necessity for clear regulations amidst the state’s unique home rule provisions.
Now Hiring: Tax Senior Manager, CPA
Join our award-winning business tax specialty team! As a Tax Senior Manager at TaxOps, you will play a pivotal role in leading and managing our federal tax practice. TaxOps, founded by former Big Four tax executives, is a forward-thinking public accounting...
Latest Developments in Colorado Income Tax and PL 86-272
Join Stacey Roberts, State and Local Tax Director at TaxOps, for the latest Colorado state income tax updates, including unitary reporting and an exploration of trends in state and local tax as we head into 2025. Latest Developments in Colorado Income Tax and PL...