5 Reasons why 1099K data won’t fill in the tax gap

With oil prices down 50% since Fall 2014, state revenue agencies are seeking ways to overcome the shortfall without increasing taxes.  The simplest answer is improved enforcement: discovery, lead development, audit and collections are key aspects of that.  The IRS’s IRMF data by state payee from 1099K filings is a good start if you haven’t…mm

Open Source Discovery featured in 2014 FTA Technology Conference

LTAS Technologies co-presented a topic “1099K and E-commerce Discovery : Not a Slam Dunk!” at the 2014 FTA Technology Conference in Portland, Oregon earlier this month. Minnesota Revenue presented the government perspective on how both open source and 1099K data compliment each other to bring you a complete picture of a taxpayer. LTAS was on…mm