Tax News Highlights
Oct. 24, 2013
Illinois Supreme Court Strikes Down State’s Click-Through Nexus Bill
Under a recent Illinois Supreme Court ruling, many out-of-state Internet retailers no longer will be required to collect sales tax.
Opportunity Exists to Expense Property and Simplify Compliance Under Final Tangible Property Regulations
Under the final tangible property regulations, taxpayers can elect to use book accounting classifications to deduct insignificant capital expenditures and simplify compliance with the new regulations.
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