- What Tax Records to Keep and For How Long
When organizing your files, please remember these general rules concerning your records: Income Tax Returns and Related Items, Mailing Receipts, Residential Property Records, Stock and Bond Records, Depreciation Records, Personal Records, Other Records.
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- Give Tax Records a Mid-Year Tune-up this Summer
During the summer, you may not think about doing your taxes, but maybe you should. Some of the expenses you’ve paid over the past few months might qualify for money-saving tax credits or deductions come tax time. - See more at: http://www.mytaxfiler.com/blog/give-tax-records-a-mid-year-tune-up-this-summer/#sthash.52bIUj7M.dpuf
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- IRS Can Audit You Forever, But Key Steps Can Prevent It
Even a routine tax audit can be expensive and nerve-wracking. So if the IRS statute of limitations has expired, it can be a trump card.
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- Israel hikes VAT to Record High 18%: Update from International Tax Compliance Services Team
The Israeli Government has raised value-added tax rate (VAT) to 18% from 17%. In the light of the growing budget deficits, the Israeli Tax Authority expects to generate more revenue from the increase in tax and close the widening gap, says Nair & Co.’s International Tax Consulting Team.
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- Reliable Electronic Records Retention in the eDiscovery Process
The failure to properly maintain and monitor a corporate electronic records retention policy can create substantial risk for both the corporation & its employees. Clearwell helps companies to evaluate and consider how their records management programs impact electronic records.
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- Staying Prepared for an MU Audit” – An Imperative Not to be Ignored
According to the Centers for Medicare & Medicaid Services at least one in 20 MU attesters will undergo a meaningful use audit, of which 50 percent are more likely to undergo a pre-payment audit. - See more at: http://www.egestalt.com/blog/2014/04/21/staying-prepared-for-an-mu-audit-an-imperative-not-to-be-ignored/#sthash.DhdOXIHF.dpuf
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