Latest Articles

February 26, 2016 

Farmers and fishermen who chose to forgo making quarterly estimated tax payments for 2015 generally must file their 2015 federal return and pay any tax due by Tuesday, March 1, 2016.

February 26, 2016 

This penalty is equal to 5 percent of the additional taxes owed amount for every month (or fraction thereof) your return is late, up to a maximum of 25 percent. Previously, the minimum penalty for failing to file a return within 60 days of the due date ..

February 26, 2016 

A roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.

February 26, 2016 

The year started off with a bang as we cruised the aisles at the annual consumer electronics show in Las Vegas with 170,000 other technology adventurists. CES is the largest consumer electronics show in the world where the latest gadgets are launched ...

Roman Kepczyk

February 26, 2016 

They may have grown up with an always plugged-in and mobile world, but Millennials are actually more likely to turn to paper than any other age group, a new survey shows.

February 26, 2016 

ADP is offering accountants and their small-business clients free access to the ADP HR HelpDesk during tax season. This offer is available to accountants nationwide who can also select up to five of their small-business clients (those with fewer than ...

February 25, 2016 

The emails are designed to trick taxpayers into thinking these are official communications from the IRS or others in the tax industry, including tax software companies. The phishing schemes can ask taxpayers about a wide range of topics.

February 25, 2016 

The IRS strategy to require independent, non-credentialed tax preparers took two steps forward in February. Both steps are designed to establish required education and licensing for the estimated 111,000 independent tax preparers in the US.

Dave McClure

February 24, 2016 

What would you pay a vintage guitar autographed by Ozzy Osbourne, front man for the rock band Black Sabbath and former star of a reality TV show? Never mind that the ubiquitous Ozzy never actually played guitar for the heavy metal group – the IRS is ...

February 24, 2016 

It's tax season, and that means a lot of confusion when it comes to many aspects of American's tax responsibilities. The National Association of Enrolled Agents has come up with a list of eight frequently-encountered tax myths that could affect your taxes

February 24, 2016 

Davidson writes the “On Money” column for the New York Times Magazine, and rose to prominence as the co-creator of Planet Money, which reaches millions of people weekly via a blog, a twice-weekly podcast and regular stories on ‘‘Morning Edition,’’ ...

February 24, 2016 

I mourn the loss of Justice Scalia. I had great respect for him because he was brilliant, witty and articulate, even though I disagreed with many of his opinions. The tone of that sentence probably made a lot you say: “Aha, Marc’s a liberal, so of ...