February 10, 2014
The President of the United States, our champion of income equality, has once again called on Congress to raise the minimum wage from its present level of $7.25 per hour up to $10.10 per hour, a salary increase of just under 39 percent.
February 9, 2014
There’s so much nifty tax preparation software out there these days. Don’t you just love the software that allows us to import W-2 data, stock sales data, QuickBooks data, etc.? With all those tools, we barely even have to look at our clients’ documents. But we should!
February 9, 2014
Find out how to pick a reputable tax preparer.
February 7, 2014
One of the top-searched questions between mid-February and April 15 each year is, "When can I expect my income tax refund?" Well, the answer depends on a couple of things, but the good news is that there are a number of tools to help find out.
February 6, 2014
The Supreme Court's rejection of the Defense of Marriage Act (DOMA) was big news in 2013. And in 2014, it has big payroll tax implications for employers who offer cafeteria benefits to same-sex spouses.
February 5, 2014
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.
February 5, 2014
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…
February 4, 2014
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.
February 4, 2014
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.
February 4, 2014
With tax season upon us, the most common form of identity theft has been popping up, officials warn.
January 31, 2014
The last thing you need in the middle of tax season is to be hit by scammers trying to plant malware on your computer and force you to make payments to them.
January 30, 2014
The Internal Revenue Service has announced the selection of seven new members for the Information Reporting Program Advisory Committee (IRPAC)