Income Tax

February 10, 2015 

The IRS and other groups warn that people shouldn’t trust their private financial documents to just anyone. It’s good to know exactly what their tax preparer’s credentials mean, and whether they really qualify as credentials at all.

February 9, 2015 

The Internal Revenue Service has released IRS2Go 5.0, an update to the only official IRS smartphone application, compatible with both Apple and Android devices.

February 9, 2015 

Paychex, Inc., is providing a variety of resources for accounting professionals to help them stay on top of critical payroll, tax, and HR issues that could impact their small business clients.

February 9, 2015 

The nation's largest organization of accounting and tax professionals is urging the Senate to approve income tax treaties between the U.S. and various countries.

February 8, 2015 

TurboTax was forced to suspend electronic filing of all state income tax returns on February 5 after more than a dozen states sounded alarms about criminal hacks. However, it turns out that the program was not hacked.

February 6, 2015 

Tax season is tough on everyone, but managers need to make a special effort to watch out for the well-being of their teams. It’s critical to prevent burnout and disengagement from jeopardizing morale and productivity.

Paul McDonald

February 5, 2015 

The has launched a new, online public directory of tax return preparers. This searchable directory on IRS.gov will help taxpayers find a tax professional with credentials and select qualifications to help them prepare their tax returns.

February 5, 2015 

More and more Americans are choosing to make their donations to charities online, as opposed to in-person or mail-based giving, according to the latest Charitable Giving Report from Blackbaud, a developer of technologies for nonprofit organizations.

February 5, 2015 

The fuel tax credit is generally limited to off-highway business use or use in farming. Consequently, the credit is not available to most taxpayers. But yet, the IRS routinely finds unscrupulous preparers who have enticed sizable groups of taxpayers ...

February 3, 2015 

The U.S. Social Security Administration has announced that new online services include the ability to quickly and easily get a replacement form SSA-1099 within minutes.

February 3, 2015 

The Internal Revenue Service is targeting abusive tax shelters and structures it says some Americans use to avoid paying taxes. The agency says the problem has been a lingering issue, and so it has been added to the annual list of tax scams known as the “

February 2, 2015 

Hiding taxable income by filing false Form 1099s or other fake documents is a scam that taxpayers should always avoid and guard against, according to the Internal Revenue Service. This scheme is one of those on the annual “Dirty Dozen” list of tax scams f