Income Tax

February 19, 2015 

New guidelines issued by the IRS authorize electronic signatures on Form 8878 (IRS e-file Signature Authorization for Form 4868 or Form 2350) and Form 8879 (IRS e-file Signature Authorization).

February 18, 2015 

In a February 13 comment letter from the American Institute of CPAs (AICPA) to the Internal Revenue Service (IRS), the organization addresses two interpretive issues related to the treatment of advance payments deferred under Rev. Proc. 2004-34 ...

February 18, 2015 

It’s that time of year for part-time help at the local tax-preparation location, when drivers can see seasonal staff standing at busy intersections wearing costumes of the Statue of Liberty or Uncle Sam. But they’re not the only ones who are hired part ti

February 13, 2015 

The Internal Revenue Service has changed some procedures that it says will make it easier for small business owners to comply with the final tangible property regulations.

February 12, 2015 

If you move to Puerto Rico, you can retain your U.S. citizenship while saving taxes, not an option in some other so-called tax havens. Although the tropical island is just a little more than 1,000 miles from Florida, it might as well be halfway around ...

February 12, 2015 

It appears that it’s too soon to close the books on the recent spate of fraudulent tax refunds filed through TurboTax, the country’s leading provider of tax preparation software. According to the Wall Street Journal, the Washington Post and various oth

February 11, 2015 

Two of the most asked questions by Americans this time of year are either, "How Much Do I Owe?," or "Where's My Income Tax Refund?"

February 11, 2015 

The IRS reminded taxpayers the Presidents Day holiday period typically marks one of the busiest weeks of the tax filing season for its phone lines. There are other alternatives to help taxpayers find answers to commonly asked tax questions.

February 10, 2015 

Taxpayers should be on the lookout for scam artists and scheme promoters peddling outlandish arguments.

February 10, 2015 

Have you every wondered what you were thinking? It's only mid-February and the hardest part of tax season is still to come. At least this will make you laugh.

February 10, 2015 

For small business owners and other self-employed individuals required to make regular tax deposits or payments, keeping track of them can be complicated. This video shows how these taxpayers can use the business due dates feature and other functions in t

February 10, 2015 

Small businesses are the backbone of America’s economy and, according to the U.S. Small Business Administration, nearly half a million new businesses are started each year. These new entrepreneurial ventures join the ranks of the nearly 28 million small businesses around the nation. With tax season upon us, it’s important that the taxpayers behind these...…