Taxes

 IRS Planning Millions in Bonuses for Agency Employees

February 9, 2014 

IRS Planning Millions in Bonuses for Agency Employees

Citing the need to boost employee morale, the Internal Revenue Service's new commissioner said Monday that he will pay out millions of dollars in bonuses to agency employees, reversing a decision his predecessor made to save money amid the sequester budget cuts and other belt-tightening last year.

 Paychex Offers Tax Season Tools for Accountants

February 6, 2014 

Paychex Offers Tax Season Tools for Accountants

With tax season in full swing, payroll and human resources provider Paychex, Inc. is highlighting resources to help accounting professionals stay on top of critical payroll, tax, and HR issues that could impact their small business clients.

taxesx1

February 5, 2014 

Debunking Common Income Tax Myths

It's tax time, and that means busy days for many tax professionals, and many errors and mistakes by individuals who choose to prepare their own taxes.

W-21

February 5, 2014 

5 Tips to Keep More of Your Paycheck

Millions of American workers have received their W-2s (or will receive them soon, since January 31 was the deadline to send them), and they are the primary income reporting tool for most 1040 filers. They can be received in person, electronically or by mail. In addition to taxes, the W-2 also is used to determine…

 Intuit Helps Department of Education Promote Student Loan Repayment Options

February 5, 2014 

Intuit Helps Department of Education Promote Student Loan Repayment Options

Most student loan borrowers are, because of their status as students, younger consumers with less experience in finances and repaying loans. As a result, many end up agreeing to large loan balances during their educational career, but don't necessarily have a plan for how they will pay those loans back.

 Treasury Dept. Urges Congress to Raise Debt Limit

February 4, 2014 

Treasury Dept. Urges Congress to Raise Debt Limit

Treasury Secretary Jacob J. Lew on Monday pressured Congress to raise the debt limit well before an end-of-the month deadline, warning that lawmakers risked derailing a potential "breakthrough year for our economy" if they don't act quickly.

 Unlicensed Milwaukee Tax Preparer Charged for $1 Million Fraud

February 4, 2014 

Unlicensed Milwaukee Tax Preparer Charged for $1 Million Fraud

A Milwaukee tax preparation service filed thousands of returns based on phony claims of self-employment that generated as much as $1 million in undeserved refunds, according to the results of an undercover IRS investigation launched in 2011.