Income Tax March 27, 2026
When Will I Get My IRS Income Tax Refund? Easy Chart Shows You
Probably 10-14 days after you clicked "submit" on your TurboTax form, or went to H&R Block, your professional CPA or EA or tax preparer clicked "send."
December 20, 2015
Chart Shows When Will You Get Your 2016 Income Tax Refund
When will you get your income tax refund? If you're one of the millions of Americans who are asking that question (or will be in the coming weeks), we have the answer. It depends on a couple of factors, but the good news is that there are several ...
December 15, 2015
The Worst Tax Penalties and How to Help Your Clients Avoid Them
There is one tax saving approach we can always assist our clients with, and that is educating them about tax penalties. What follows is a list of the most punitive tax penalties along with simple tips on making sure your clients are never ...
November 29, 2015
Rubio Offers Unique Tax Reform Plan
Rubio’s proposed tax plan includes a dramatic change in the way capital gains are treated. With this little-noticed proposal, holders of capital assets – including securities, real estate and small business interests – would calculate their potential ...
November 19, 2015
IRS Advisory Council Releases Annual Report and Recommendations
Based on its report findings and discussions over the last year, the IRSAC made several recommendations on a broad range of issues and concerns.
November 17, 2015
IRS Wants More Info On PEOs – Professional Employer Organizations
Under legislation enacted last December, the IRS must establish a voluntary certification program for professional employer organizations (PEOs). The law requires them to meet a number of requirements, including certain bond and independent financial ...
November 17, 2015
National Accounting Group Blasts Congress for Cutting IRS Budget
The NSA letter expressed support for a November 9 letter signed by five former IRS commissioners sent to these same Congressional leaders that said, ““We do not understand why anyone with present and projected debts and annual losses as large as ...
October 28, 2015
How to Collect Tax Benefits for Business Bad Debts
From a business perspective, there’s practically nothing worse than providing goods or services to a customer or client and not getting paid. Or maybe you’ve made loans to vendors or suppliers that haven’t been repaid. It can take a long time to get ...
October 27, 2015
CCH CodeConnect Gives Tax Pros Easy Research Access
CCH CodeConnect allows tax professionals in accounting firms and corporations to quickly find answers and practical guidance relating to federal tax law, and offers relevant practice tools, checklists, deadlines, forms, instructions and more.
October 22, 2015
IRS Working with States and Tax Companies to Prevent ID Theft
As part of the Security Summit process, members from the IRS, states and industry are co-chairing and serving on several teams. The teams have focused on a number of areas including improved validation of the authenticity of taxpayers and information ...
October 19, 2015
Report Says IRS Computers Exposed to Hackers
In a new report released by the Treasury Inspector General for Tax Administration (TIGTA), the IRS has been sharply criticized for failing to update the Windows operating system on its computers in a timely fashion. The foul-up exposed sensitive ...
October 17, 2015
Tax Tips: 16 Ways to Beat the IRS in 2016 – Year-End Tax Planning Series
The best tax advice you can get is to speak with a CPA or Enrolled Agent. These tax experts can help develop a tax strategy designed around your specific needs and situation, and they are the only professionals who can represent you before the IRS.
October 14, 2015
IRS Over Exposing Social Security Numbers on Documents, Says Report
An Office of Management and Budget mandate required the IRS to eliminate the unnecessary use of SSNs by March 2009. However, the IRS suspended work on the forms, letters, and systems components of its SSN Elimination and Reduction Program in ...