6/25/2013 1 6/25/2013 The Mobile Workforce State Income Tax - - PDF document

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 The Mobile Workforce State Income Tax Simplification

Act of 2013 – H.R. 1129

 The Tax Return Due Date Simplification and

Modernization Act of 2013 - S. 420 and H.R. 901

 The Mobile Workforce State Income Tax Simplification

Act of 2013 – H.R. 1129

 The Tax Return Due Date Simplification and

Modernization Act of 2013 - S. 420 and H.R. 901

 Representative Phil Gingrey [GA-11] introduces H.R.

476 – The GAAP Act

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Representative Phil Gingrey [GA-11] introduces H.R. 476 – The GAAP Act

• Amends the Congressional Budget Act of 1974 to

require the alternative levels of total revenues, total new budget authority, and total outlays (including related surpluses and deficits) covered by the annual Congressional Budget Office (CBO) fiscal policy report to the congressional budget committees on the upcoming fiscal year to be prepared using both cash basis accounting and generally accepted accounting principles.

 The Mobile Workforce State Income Tax Simplification

Act of 2013 – H.R. 1129

 The Tax Return Due Date Simplification and

Modernization Act of 2013 - S. 420 and H.R. 901

 Representative Phil Gingrey [GA-11] introduces H.R.

476 – The GAAP Act

 OH YEAH…all that pesky IRS stuff…

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Congressional Caucus on CPAs & Accountants

HOUSE:

 Patrick Murphy, D-Fla.  Tom Rice, R-S.C.  John Campbell, R-Calif.  K. Michael Conaway, R-Texas  Bill Flores, R-Texas  Lynn Jenkins, R-Kan.  Steven Palazzo, R-Miss.  Collin Peterson, D-Minn.  Jim Renacci, R-Ohio  Brad Sherman, D-Calif.

SENATE:

 Mike Enzi, R-Wyo.  Ron Johnson, R-Wis.,

• What is a Patent Troll? A firm whose main objective is

to extract licensing fees from other companies

• Also known as: Patent Assertion Entity
• In 2011, Apple and Google spent more money on

patent litigation and defensive patent acquisitions than

• n research and development
• Obama introduced a proposal to crack down on so-

called patent trolls “designed to protect innovators from frivolous litigation and ensure the highest-quality patents in our system”

 Five executive actions  Seven legislative recommendations

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LEGISLATIVE RECOMMENDATIONS

• Require patentees and applicants to disclose the “Real Party-in-Interest”

Permit more discretion in awarding fees to prevailing parties in patent cases

• Expand the PTO’s transitional program
• Protect off-the-shelf use by consumers and businesses
• Change the ITC standard for obtaining an injunction
• Use demand letter transparency to help curb abusive suits
• Ensure the ITC has adequate flexibility in hiring qualified Administrative

Law Judges EXECUTIVE ACTIONS

• Making “Real Party-in-Interest” the New Default
• Tightening Functional Claiming
• Empowering Downstream Users
• Expanding Dedicated Outreach and Study
• Strengthen Enforcement Process of Exclusion Orders

http://www.whitehouse.gov/the-press-office/2013/06/04/fact-sheet-white- house-task-force-high-tech-patent-issues

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The GSCPA Story

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 Illegal Immigration Reform & Enforcement Act:

HB 87

 State Tax Tribunal: HB 100  Create the “Director of Professional Licensing”:

Senate Bill 445

 House Bill 291 – State Board Issues

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• 37%
• 75%
• $100B
• Cyber breaches

cost US businesses $100 billion in 2011

• 75% of malware

programs silently steal information

We must educate members on best practices

• Phishing attacks

were up 37% in 2011

Georgia Department of Revenue is dealing with data related fraud issues

• Convert data sources into

actionable business insights

• “Analytics arms race”
• Not enough to increase data

availability

• Capacity to evaluate data &

apply good judgment

• CFO/adviser’s strategic role

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By David Bergstein, Intelligent Solutions



Wrist watches



Paperback books



Instruction manuals



Greeting cards



Car keys



Tollbooth agents



Maps



Credit cards



Checkbooks



Retail coupons



Cash

David Pearce Snyder

Strategic Forecaster & Keynote Speaker at SEAS 2012

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