Income Tax

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February 23, 2015 

The Obamacare Tax Glitch Fallout Continues

About 20 percent of those who bought a health care marketplace plan in 2014 and used tax credits to lower their premiums received faulty information, due to a miscalculation of the premium benchmark amount. Government officials say that these taxpayers wi

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February 19, 2015 

New IRS 8879 Rules Make E-Filing Easier

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).

 TurboTax Update: FBI Investigating Fake Income Tax Returns

February 12, 2015 

TurboTax Update: FBI Investigating Fake Income Tax Returns

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