How Do You Tax a Cloud? New Web-Hosted Services Present Intriguing Opportunities, Complications for Taxpayers and States

Daily Tax Report: State provides authoritative coverage of state and local tax developments across the 50 U.S. states and the District of Columbia, tracking legislative and regulatory updates,...

Cloud computing—the latest innovation in web-hosted services—allows users to migrate data to a website where they can access various hosted software services. In this article, Jennifer Jensen of PricewaterhouseCoopers explains the basics of this new service for tax professionals, who must be able to discuss the potential benefits and risks of the technology with their clients.

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