Income Tax

 Top 5 Fraud Predictions for 2015

December 19, 2014 

Top 5 Fraud Predictions for 2015

Technology will give fraudsters an edge in 2015, but it will also provide new tools for organizations and investigators, according to three experts from the Association of Certified Fraud Examiners (ACFE) who were asked for their top fraud predictions ...

tokyo new year 1  5491a082e91b5

December 18, 2014 

Ring In Tax Tidings for Stock Sales on New Year’s Eve

Suppose you need to sell stock to realize a capital gain or loss at the end of the year. As the time for the stock exchange to close business on December 31 nears, you pull the trigger on the transaction, just getting it in under the wire. Will the result

smart money savings 1  54919fbf61ecd

December 17, 2014 

Congress Creates New Tax-Favored Savings Accounts for Disabled

As part of its last moves before the holidays, the lame duck Congress and Senate passed the Tax Increase Prevention Act of 2014, which primarily focused on many tax deductions and credits that had technically expired at the end of last year.

tax deductions and credits 2014 fw  3  54919d7e96087

December 17, 2014 

Congress Renews Most Expired Tax Breaks

At long last, Congress granted a reprieve for most of the expired tax provisions that had remained in limbo this year, but the late-breaking tax relief is only temporary.

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December 15, 2014 

National Accounting Society Warns Taxpayers of Scams

The National Society of Accountants (NSA) is warning that many taxpayers have been victims of an aggressive and sophisticated phone scam where callers claim to be employees of the Internal Revenue Service (IRS), but are not.

Small Business Credit Building 1  548f1994581fe

December 15, 2014 

10 Credit Predictions for 2015

A crystal ball is a valuable thing. After all, if any of us truly had one, we could make a killing in the stock market. But while 20-20 vision is ultimately reserved for hindsight and no one can actually predict the future, we can indeed make some educate

 Greatland Takes W-2 and 1099 Reporting Programs to the Cloud

December 14, 2014 

Greatland Takes W-2 and 1099 Reporting Programs to the Cloud

Professional tax and accounting software and resource provider Greatland has announced the launch of the web-based features of its new Yearli product, a comprehensive W-2 and 1099 reporting software and online filing platform for businesses...

Internal-Revenue-Service-building-in-Washington-AP1

December 5, 2014 

IRS Interest Rates to Remain the Same for 1st Quarter 2015

The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning Jan. 1, 2015. The rates will be: three (3) percent for overpayments (two (2) percent in the case of a corporation); three (3) percent for underpayments; five (5) percent for large corporate underpayments; and one-half (0.5) percent...…