Taxes

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 ...

October 20, 2015 

The technology works by “reading” an electronic tax return produced by common tax packages, allowing the user to create financial statements that can be analyzed within ProfitCents and Sageworks Valuation Solution. All fields can be auto mapped, and ...

October 19, 2015 

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 19, 2015 

A cyber security survey conducted by the FWN indicates a high incidence of risky online behaviors with bank and credit card accounts, smartphones and public Wi-Fi use.

October 19, 2015 

A fifth of small-business owners say they would allow an employee with a medical marijuana prescription to use the drug while at work, according to a survey released Wednesday by Employers Insurance.

October 17, 2015 

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 17, 2015 

As with itemized deductions, the tax benefit of personal exemptions, including exemptions for dependents, is subject to a special phase-out rule. However, unlike deductible expenses that might be moved from one tax year to another, the approach for ...

October 17, 2015 

With more than 54,000 taxpayers coming in to participate in offshore disclosure programs since 2009, the Internal Revenue Service today reminded U.S. taxpayers with undisclosed offshore accounts that they should strongly consider existing paths ...

October 16, 2015 

(This is part of our series of “sweet 16” year-end tax planning ideas.) The conventional year-end tax wisdom is to push deductible expenses into the current year to offset the tax bill you’ll be paying come April, especially if you expect to be in the same or a higher tax bracket each year. The old...…

October 16, 2015 

Whether you're traveling for business or personal, alone or with colleagues or friends or family members, domestically or internationally – we all know that getting from point A to point B can cause frustration, confusion, and disorientation. We surveyed

Gail Perry

October 16, 2015 

TIGTA continues to receive reports of thousands of contacts every month in which individuals make unsolicited calls to taxpayers fraudulently claiming to be IRS officials and demanding that they send them cash via prepaid debit cards, he said.

October 15, 2015 

Scams and con artists are everywhere and they'll do just about anything to gain access to your personal information and steal your hard-earned money. One of your best defenses against fraud is learning to recognize scammers' more common tactics and ...