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IRS Launches “Direct Pay” On-line for Individuals
The IRS has launched “IRS Direct Pay”, a web-based payment system for individuals. Taxpayers will be able to make estimated payments and pay tax bills. No advance registration is required for the service. Individuals will need to provide their social security number, date of birth and bank account information for direct debit. Payments can be…
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California Sales & Use Tax Credits for Certain Manufacturing or R&D Equipment
The State Board of Equalization (SBE) has issued guidance on the new 2013 legislation that allows certain businesses in manufacturing or in the fields of biotechnology or physical, engineering, and life sciences to purchase or lease manufacturing or research and development equipment at a reduced sales and use tax rate for purchases occurring on or…