March 5, 2013
Finally! IRS has all forms in place, is accepting all income tax returns
Forget the Sequester ... it's time to put the final nail in the coffin of the problems the Fiscal Cliff caused.
March 5, 2013
Income tax deductions for college students and recent grads
While they probably don’t own a home yet, there are still plenty of good deductions that taxpayers still in their 20s don’t want to miss.
March 4, 2013
Income tax reform group blasts sequester, talks tax overhaul and charitable giving
The group Americans for Fair Taxation has released a copy of a written statement sent to the U.S. House Committee on Ways and Means, by AFFT Co-founder and Chairman Leo Linbeck, Jr.
March 4, 2013
Illinois economy showing signs of moderate growth
An indicator of economic growth in Illinois has declined for the month of February.
March 4, 2013
New income tax service lets taxpayers calculate their carbon footprint, plus get CPA advice
EcoTaxFile.com service offers professional accounting advice along with green perks and consulting.
March 2, 2013
Maryland payroll service sued for allegedly keeping taxes
A Bel Air company that handled payrolls for many employers in the area is being sued by clients for allegedly stealing years of tax payments rather than sending them on to the tax collectors as required -- leaving the companies on the hook.
March 1, 2013
Income Tax 2013: CPAs share the strangest income tax deductions
The Minnesota Society of Certified Public Accountants (MNCPA) recently surveyed its CPA members about the most creative tax deductions proposed by their clients. Responses included everything from swimming pools and manicures to poodles and non-existent children.
February 28, 2013
The Sequester and the IRS: Will income tax refunds be delayed?
With tax refunds averaging around $3,000, a potential IRS delay in the processing of refund checks can cause hardship, particularly if those awaiting the refund already made plans for use of the funds.
February 27, 2013
New auto tax in Georgia has some confused about March 1st start date
Tax commissioners from central Georgia counties urged vehicle owners to have patience with their staffs and to consider staying away from the tax office this Friday unless they have urgent business.
February 26, 2013
Changing jobs? Tax experts say what NOT to do with a 401(k)
Perhaps you are one of the thousands who lost their jobs during this economic downturn, or you’re thinking that you might be laid off and are wondering how to plan for it.
February 25, 2013
New web-based preparation and e-filing system for non-profits filing Form 990-EZ
New online tax filing system for Form 990-EZ
February 25, 2013
U.S. debt hitting Americans: Sequester spending cuts don’t help optimism
When it comes to the nation's debt, payback time might be here.