Income Taxes

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Staff Management 1  54bfe79e5bfa3

February 6, 2015 

7 Staff Management Tips for the Busy Season

Tax season is tough on everyone, but managers need to make a special effort to watch out for the well-being of their teams. It’s critical to prevent burnout and disengagement from jeopardizing morale and productivity.

Paul McDonald

tax prep 1  54d3a30959cf6

February 5, 2015 

IRS Creates Online Directory of Tax Preparers

The has launched a new, online public directory of tax return preparers. This searchable directory on IRS.gov will help taxpayers find a tax professional with credentials and select qualifications to help them prepare their tax returns.

 Online Charitable Giving Growing at Faster Pace

February 5, 2015 

Online Charitable Giving Growing at Faster Pace

More and more Americans are choosing to make their donations to charities online, as opposed to in-person or mail-based giving, according to the latest Charitable Giving Report from Blackbaud, a developer of technologies for nonprofit organizations.

TAX SCAM 1  54d39dfa3c63b

February 5, 2015 

IRS Warns Taxpayers of New Fuel Tax Credit Scam

The fuel tax credit is generally limited to off-highway business use or use in farming. Consequently, the credit is not available to most taxpayers. But yet, the IRS routinely finds unscrupulous preparers who have enticed sizable groups of taxpayers ...

Offshore Tax Evasion 1  54d100778feac

February 3, 2015 

IRS Targets Tax Shelter Abuses, Misuse of Trusts

The Internal Revenue Service is targeting abusive tax shelters and structures it says some Americans use to avoid paying taxes. The agency says the problem has been a lingering issue, and so it has been added to the annual list of tax scams known as the “

 IRS Watching for Fake Documents During Income Tax Season

February 2, 2015 

IRS Watching for Fake Documents During Income Tax Season

Hiding taxable income by filing false Form 1099s or other fake documents is a scam that taxpayers should always avoid and guard against, according to the Internal Revenue Service. This scheme is one of those on the annual “Dirty Dozen” list of tax scams f

conservation 1  54ca98d59f163

January 29, 2015 

How to Get a Charitable Tax Deduction Without Donating Anything

It’s very rare in the tax world when you can “get something for nothing.” But that’s essentially what happens when a real estate owner donates a qualified conservation easement to charity. In essence, the property owner is merely agreeing to keep the land

Tax-Scam-300x2031

January 28, 2015 

IRS Looking for Offshore Tax Schemes and Scams

Avoiding taxes by hiding money or assets in unreported offshore accounts remains on the annual Internal Revenue Service list of tax scams known as the “Dirty Dozen” for the 2015 filing season.