April 30, 2015
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
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 24, 2015
The American Institute of CPAs (AICPA) has sent written testimony to Congress saying the need for small business tax reform is urgent.
April 24, 2015
How much do accountants make in Minnesota? How about information security jobs in California? And throw in North Dakota, for instance, where some workers can earn more working in the oil patch than senior professional staff in an office cube farm.
April 17, 2015
ATX is a solution designed to simplify the tax filing process. Geared towards sole-practitioners and seasonal tax preparers, ATX is simple to navigate and includes multiple integration points for maximum efficiency. New this year is the introduction of iF
April 17, 2015
Bloomberg BNA has long been a research source for tax and estate planning. Though a full featured tax solution is not available, there are two niche products released annually – BNA 706 Preparer and BNA 709 Preparer. Both solutions offer the highest ...
April 17, 2015
For this year’s tax software reviews, we looked at eleven tax software solutions. As in prior years, we separated the reviews into two broad categories – Advanced Workflow and Traditional Workflow.
April 17, 2015
Victims of identity theft continue to experience delays and errors in receiving refunds, according to a report publicly released today by the Treasury Inspector General for Tax Administration (TIGTA).
April 17, 2015
The filing season, defined as the period from January 1 through mid-April, is critical for the IRS because it is during this time that most individuals file their income tax returns and contact the IRS if they have questions about specific laws or filing
April 16, 2015
Facing end-stage renal disease, Charlie Davis began using legally prescribed marijuana through New Jersey’s Medicinal Marijuana Program in 2013. A five-year employee with New Jersey Transit, he was “bumped” from his job as a lead clerk by a more ...
April 16, 2015
Intuit Tax Online is a tax solution intended for sole-practitioners and small firms looking for a mobile tax preparation option. New this year are continued efforts to enhance the user interface and the ability to capture electronic signatures.
April 15, 2015
So, what can a taxpayer do if they didn't file in time, but they also don't want to keep their head buried in the sand? For most Americans who are owed a tax refund by the IRS, there's no need to panic. The tax agency doesn't assess penalties when a ...