Income Tax

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

January 29, 2015 

It’s very rare in the tax world when you can “get something for nothing.” But that’s essentially what happens when a real estate owner donates a qualified conservation easement to charity. In essence, the property owner is merely agreeing to keep the land

January 28, 2015 

Avoiding taxes by hiding money or assets in unreported offshore accounts remains on the annual Internal Revenue Service list of tax scams known as the “Dirty Dozen” for the 2015 filing season.

January 27, 2015 

The Internal Revenue Service is once again warning taxpayers to be on the lookout for unscrupulous income tax return preparers, one of the most common “Dirty Dozen” tax scams seen during tax season.