Income Tax January 26, 2026
5 Tips for Taxpayers for a Less-Stress Tax Season
The deadline for filing individual tax returns is April 15, 2026, which is also the deadline for requesting a six-month filing extension.
May 10, 2015
Avalara Launches New Cloud Solutions for Sales Tax Exemption Certificate Management
The new products help retailers and ecommerce companies to automatically collect sales tax exemption certificates at point of sale kiosks and online shopping carts using a variety of mobile devices to make it easier to comply with tax laws and ...
May 8, 2015
Tax Amnesty Programs Give Some Individuals and Businesses a Second Chance
Cash-strapped states are looking to tax amnesty programs that give scofflaws a bit of a break on penalties and interest if they own up and pay up. The programs bring needed revenues to states struggling to balance their budgets and encourage taxpayers ...
May 7, 2015
Deadline Approaching for Small Businesses to Late-File Retirement Plan Reports
The IRS is reminding small business owners that they have just a couple of more weeks – until June 2, 2015 to be exact – to qualify for special tax relief if they haven’t filed annual retirement plan reports on time (IR-2015-74, 5/1/15).
May 6, 2015
In Past Decade, 1,580 IRS Employees Fired or Punished for Not Paying Taxes
TIGTA found that, over a 10-year period (Oct. 1, 2003 through Sept. 30, 2013), 1,580 IRS employees were found to be willfully tax noncompliant.
May 6, 2015
May SALT Checklist
What should you be doing in your state and local tax practice this month? Here's your SALT checklist for May.
May 6, 2015
Navigating the Switch from Blended Rates to State-By-State Tax Provisioning
Recent regulatory changes in the Accounting Standards Codification (ASC) section 740-10, Accounting for Income Tax, have triggered disruption in the state tax provision area- especially around how organizations calculate deferred tax assets and liabilitie
May 5, 2015
IRS Watchdog Says Improvements Needed on ACA Processes
The new Patient-Centered Outcomes Research (PCOR) fee is used to offset the costs of the PCOR Institute, which funds research that will provide information to assist patients and their healthcare providers make more informed health care decisions.
May 4, 2015
More Than 1 in 3 Americans Have Never Checked Any of Their Credit Reports
More than one-third of American adults (35 percent) report that they have never reviewed any of their credit reports and another 14 percent say they typically go more than a year between checks, according to a new study by Bankrate.com.
May 1, 2015
Report Says IRS Has Gotten Better at Processing Political Tax-Exemption Applications
The Internal Revenue Service (IRS) has taken significant actions to improve the processing of tax-exempt applications involving political intervention, according to a new report from the Treasury Inspector General for Tax Administration (TIGTA).
April 30, 2015
Congress Considers Tax Deduction for Some Sports & Fitness Expenses
The new proposed legislation would revise the rules by adding “qualified sports and fitness expenses” to Section 213. This includes amounts paid for membership at a fitness facility, participation or instruction in a program of physical exercise or ...
April 29, 2015
Group Pushes for Entrepreneur Tax Credit, Other Reforms
The groups behind the letter make up the Tax Alliance for Economic Mobility - a national coalition working to advance federal policies that expand savings and investment opportunities for lower-income households through reform of the U.S. tax code.
April 29, 2015
Police Seize Money From Maine Tax Collector’s Home
State police in Maine have seized $58,500 in cash from the home of the longtime tax collector for the town of Anson during an investigation into unaccounted for excise tax revenues at the town office.