August 14, 2013
Tax Analysts pursues legal action against IRS
Seeks Court Help to Force IRS to Disclose Training Materials Its Staff Used for Guidance in Exempt Organizations Determinations
August 14, 2013
Tax Fraud by the Numbers
The Internal Revenue Service, in conjunction with the US Department of Justice, has ramped up its efforts to identify – and publicly bring charges against – tax preparers who actively engage in the filing of fraudulent returns.
August 13, 2013
Baby Boomers Lead the Way in Charitable Giving
When it comes to charitable giving, Baby Boomers are still the most active, even while at the same time they are looking at retirement and aging issues. The group, which includes people aged 49-67, donate more than 43 percent of all charity dollars, according to the Blackbaud Next Generation of American Giving study.
August 12, 2013
Oregon man guilty of ‘bizarre’ $400k tax fraud
A Portland, Ore., jury on Friday found Miles J. Julison guilty of making off with more than $400,000 in a bizarre tax-fraud scheme, and a federal judge, clearly perturbed by Julison's defiance, ordered him to await sentencing in jail.
August 12, 2013
Tax incentives for attracting new businesses mostly prompt expansion
More than 70 percent of the region's municipalities use tax incentives to attract business, but the vast majority of deals involve moves within the region...
August 8, 2013
Used car dealer gets 30 months in prison for tax evasion
A Henrico County (North Carolina) man who owned a used-car business in South Richmond was sentenced in federal court Tuesday to 30 months in prison for tax evasion.
August 5, 2013
New York law strips drivers license from tax delinquents
You can't drink and drive, or text and drive and now, in New York, it is illegal to be a tax scofflaw and drive.
August 5, 2013
In Washington state, the legal marijuana business will vary by city
Washington cities vary in welcoming pot commerce
August 1, 2013
AICPA urges Congress to take action against patent trolls
The American Institute of Certified Public Accountants has issued a statement and letter to the leaders of both the United States Senate and House of Representatives, urging them to take action regarding patent refoms, which the group says is necessary because of what it calls fraudulent litigation by some organizations that exist solely for suing…
July 29, 2013
IRS identity verification requests present a new client opportunity
In recent years, the IRS has stressed its commitment to protecting taxpayers from tax-related identity theft. As part of this commitment, the IRS enhanced the Electronic Fraud Detection System (EFDS).
July 26, 2013
NC tax overhaul means credit for early-stage investors will expire
Investor groups say the upcoming expiration of a state tax credit designed to spur investments in early-stage businesses will make it harder for young technology companies to raise the capital they need to survive and thrive.
July 23, 2013
State promoting federal health tax credit to small businesses
In Maryland, state and local officials are trying to promote public awareness of a little-known federal tax credit to help small businesses cover some of the costs of providing health insurance to their workers.