Taxes January 27, 2026
The IRS released frequently asked questions on Tuesday regarding how an executive order from President Donald Trump will impact the way taxpayers receive tax refunds and make tax payments.
January 27, 2026
January 27, 2026
January 27, 2026
October 28, 2015
The average cost of a professional income tax preparer to handle a "typical" 2014 tax return (the one filed by April 15, 2015) was $273 this year. This includes an itemized Form 1040 with Schedule A and a state tax return, according to the National ...
October 27, 2015
During the 2016 fiscal year, the government is working with a federal budget of 4.1 trillion dollars—a hefty chunk of change. If you’re curious about exactly how the government chooses to use your hard-earned taxpayer money and want to find out some ...
October 27, 2015
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 27, 2015
According to the Federal Trade Commission, identity theft is the fastest growing crime in America, with the number of identity theft incidents nearing 10 million a year. In a recent Thomson Reuters survey, 92% of the tax professionals who responded ...
October 22, 2015
Employers are facing increased obligations in 2015 relating to the health insurance coverage provided to employees, but at least some small business owners might benefit from a special tax break.
October 22, 2015
If a client is still eligible for tax break for higher education expenses, accelerating expenses from 2016 into 2015 may increase the size of the tax benefit. But before we explore that year-end opportunity, here is a quick primer on the three main ...
October 22, 2015
In addition to payroll wages, income tax is often withheld from other types of income, such as pensions, bonuses, commissions and gambling winnings. Ideally, taxpayers should try to match their withholding with their actual tax liability. If not ...
October 22, 2015
Most tax holidays focus on back-to-school savings with discounts on school supplies, clothing and computers. A few provide discounts on hurricane preparedness and Energy Star products. Louisiana and Mississippi, famously, offer tax holidays for ...
October 22, 2015
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 22, 2015
As 2015 draws to a close, a turbulent economic and legislative environment means taxpayers need to keep a close eye on several major planning issues, according to Grant Thornton LLP.
October 21, 2015
For tax year 2016, the Internal Revenue Service has announced annual inflation adjustments for more than 50 tax provisions, including the tax rate schedules, and other tax changes. Revenue Procedure 2015-53 provides details about these annual adjustments.
October 21, 2015
Cost of living adjustments affecting dollar limits for pension plans and other retirement-related items will not change for tax year 2016, the Internal Revenue Service has announced. In general, the pension plan limitations will not change for 2016 ...