Income Tax March 20, 2026
Where’s Your Tax Refund? IRS Income Tax Refund Schedule for 2026
"When will I get my tax refund?” Nobody can give you an exact answer, but we can give you a good estimate. And no calculators or forms to fill out.
December 13, 2015
IRS Criminal Investigations Report Shows Focus of Agency’s Law Enforcement Side
CI investigates potential criminal violations of the Internal Revenue Code and related financial crimes in a manner to foster confidence in the tax system and compliance with the law. The 50-page report summarizes a wide variety of IRS CI activity ...
December 11, 2015
New Privacy Concerns with ACA Reporting for Businesses with 50+ Employees
Starting this filing season, reporting is mandatory for any company with at least 50 full-time equivalent (FTE) employees.
December 11, 2015
Businesses Face Up to $1 Million Fine for Failure to File W-2s and 1099s
This summer, the IRS increased penalties for failure to file correct information returns and failure to provide correct payee statements for information returns filed after December 31, 2015, with maximum penalties on small businesses increasing from ...
December 11, 2015
ADP Testing New W-2 Verification Code to Fight Tax ID Theft
For selected clients, ADP will include the Verification Code in a designated box of the 2015 Forms W-2 issued to its clients’ employees. ADP will generate the alphanumeric code based on select data elements on each Form W-2, and an algorithm provided ...
December 9, 2015
Congress to Tax Debtors: Let Me See Your Passport
Are your federal income taxes overdue? You could lose your passport if you try to leave the country – even if you’re just taking a vacation or business trip abroad.
December 9, 2015
AICPA Objects to New Bill to Regulate Income Tax Preparers
The new bill was proposed after a prior regulatory program was successfully challenged in court by unlicensed tax return preparers (Loving, et. al. v. IRS, CA- D.C., No. 13-5061, 2/11/14). Subsequently, the IRS instituted a voluntary program.
December 3, 2015
How To Dodge A Tax Hit When Selling a Rental Property
All types of commercial properties can be considered “like-kind,” including apartment buildings, vacant land, farmland, office buildings and warehouses among other properties.
December 3, 2015
5 Ways to Differentiate Your Firm From The Pack This Tax Season
In differentiating your firm, you can speak in greater detail about the focused services you offer and the value of those solutions to clients. Furthermore, you no longer have to communicate to the masses, but rather can directly target to the ...
December 2, 2015
5 Income Tax Deduction Tips for Donations to Charity
Donors must get a written acknowledgement from the charity for all gifts worth $250 or more. It must include, among other things, a description of the items contributed.
November 30, 2015
Report Says Enforcing Payment Card Reporting Could Narrow Tax Gap
The IRS received 2,933 Forms 1099-K with gross transactions totaling $543.9 million for which the payee TIN was that of a deceased individual. TIGTA identified that the TIN Matching Program, used by payers to verify a payee TIN, does not alert the ...
November 30, 2015
5 Tips to Avoid Identity Theft During the Holidays
Statistics show approximately 15 million Americans have their identities used fraudulently each year, with financial losses totaling upwards of $50 billion.
November 30, 2015
National Accounting Group Offers Year-End Tax Tips
As your time runs out, the National Society of Accountants (NSA) also offers this list of tax changes and strategies, courtesy of Wolters Kluwer.