Taxes November 5, 2026
IRS Adjusts Tax Brackets, Standard Deduction for Tax Year 2027
The IRS has released the tax year 2027 annual inflation adjustments for nearly 70 tax provisions.
March 1, 2013
Income Tax 2013: CPAs share the strangest income tax deductions
The Minnesota Society of Certified Public Accountants (MNCPA) recently surveyed its CPA members about the most creative tax deductions proposed by their clients. Responses included everything from swimming pools and manicures to poodles and non-existent children.
February 28, 2013
The Sequester and the IRS: Will income tax refunds be delayed?
With tax refunds averaging around $3,000, a potential IRS delay in the processing of refund checks can cause hardship, particularly if those awaiting the refund already made plans for use of the funds.
February 27, 2013
New auto tax in Georgia has some confused about March 1st start date
Tax commissioners from central Georgia counties urged vehicle owners to have patience with their staffs and to consider staying away from the tax office this Friday unless they have urgent business.
February 26, 2013
Changing jobs? Tax experts say what NOT to do with a 401(k)
Perhaps you are one of the thousands who lost their jobs during this economic downturn, or you’re thinking that you might be laid off and are wondering how to plan for it.
February 25, 2013
New web-based preparation and e-filing system for non-profits filing Form 990-EZ
New online tax filing system for Form 990-EZ
February 25, 2013
U.S. debt hitting Americans: Sequester spending cuts don’t help optimism
When it comes to the nation's debt, payback time might be here.
February 25, 2013
U.S. Income Tax turns 100, Comparing 1913 to 2013 income tax rates
Taxes used to be a lot simpler: The ratification of the Sixteenth Amendment, which established the modern federal tax law, was proclaimed 100 years ago on February 25, 1913.
February 25, 2013
Nevada considering sales tax on accountants & other services to lower income tax rate
When it comes to creating a services tax, the Legislature could cast a wide net, taxing nearly every service at a lower rate and reducing the sales tax on goods in the process -- a Republican idea.
February 24, 2013
Former Wells Fargo banker helped fraud ring cash IRS tax refund checks
A former Wells Fargo Bank employee in Anchorage admitted in federal court Thursday that she helped members of an identity theft and tax fraud ring open illegitimate bank accounts and cash fraudulent checks.
February 24, 2013
In Jesse Jackson Jr case, IRS and prosecutors focused on excessive indulgence
Prosecutors took a tougher stand against Jesse Jackson Jr. than his wife, Sandi, because they viewed him as the one who enabled the couple's seven-year $750,000 spending binge in which campaign dollars were spent on luxury goods, celebrity memorabilia, spa treatments and even a trip to Disney World.
February 24, 2013
California corruption trial – Fate of 6 former city leaders in hands of jury
Feb. 23 — Before jurors left the courtroom to deliberate, the prosecutor took a final shot at the six former City Council members accused of corruption. “The one-percenters of Bell,” he called them, a band of small-town politicians who had “apparently forgotten who they are and where they live.” After four weeks of testimony, a...…
February 24, 2013
Vacation home buyers need to consider hidden costs: Property and State Taxes, Other Costs
People considering a vacation home need to consider other costs, like taxes.