October 23, 2013
Grant Thornton Offers Year-End Tax Planning Tips
The dawn of 2013 brought the biggest tax changes in more than a decade and this dramatic reshaping of the tax code will change tax planning according to Grant Thornton LLP.
October 22, 2013
2014 Income Tax Filing Season will Start Late Again
Last year, it was the fiscal cliff that delayed the start of tax season- this coming year, blame it on the partial government shutdown.
October 21, 2013
Congress Takes Up Farm Bill Again
With the end of the government shutdown, farmers and advocates for those who rely on federal food assistance programs are pushing for a new farm bill to win approval from Congress. The day after the government reopened this week, President Barack Obama called a new farm bill his third legislative priority, after a budget deal…
October 16, 2013
Shutdown Hitting Virginia Hardest, Survey Finds
The federal fiscal uncertainty stands to hit Virginia harder than any other state, a new survey finds.
October 15, 2013
State Debuts New Tax Form for Same-Sex Couples
The federal Internal Revenue Service had announced in August that it would allow same-sex couples to file as a married couple if they were married in a state that allows it, even if they live in a state that doesn't.
October 11, 2013
40 Arrested in Miami for $449M ID Theft, Tax Refund Fraud
Federal agents swept through South Florida this week to arrest about 40 people charged with the viral-spreading crimes of identity theft and tax-refund fraud.
October 9, 2013
Little League, Youth Sport Embezzlement May Be Common
Parents involved in two Dallas-Fort Worth-area youth sport leagues were stunned recently to learn that women they trusted had been accused of stealing money from their kids' sports organizations.
October 9, 2013
Florida Man Pleads Guilty in Job-Search Tax Scam
A Florida man pleaded guilty in federal court Tuesday in a scam that obtained identification information from people who thought they were applying for jobs and used it to file phony tax returns.
October 9, 2013
Tax Analysts Pushes for Tax Law Transparency in Federal Court
Asks Court to Grant Access to Oral Arguments in Case Challenging Constitutionality of Colorado's Taxpayer Bill of Rights
October 9, 2013
Hey CPAs: Don’t Be Just Your Clients’ “Tax Guy”
Some of these accountants are suited for and satisfied with that role, but there are many others who recognize that the market demands a more proactive, advisory approach with clients.
October 8, 2013
Oct. 15 Tax Extension Deadline Stands, Despite Government Shutdown
The current lapse in federal appropriations does not affect the federal tax law, and all taxpayers should continue to meet their tax obligations as normal. Individuals and businesses should keep filing their tax returns and making deposits with the IRS, as required by law.
October 7, 2013
Will New Healthcare Laws Hurt the CPA-Client Relationship?
As this column goes to print, provisions of the Patient Protection and Affordable Care Act (also known as the “ACA,” or ObamaCare) will change accountants and tax preparers from “trusted advisors” to a more derogatory status: