February 9, 2015
New Features Added to IRS2Go Income Tax App
The Internal Revenue Service has released IRS2Go 5.0, an update to the only official IRS smartphone application, compatible with both Apple and Android devices.
February 5, 2015
IRS Creates Online Directory of Tax Preparers
The has launched a new, online public directory of tax return preparers. This searchable directory on IRS.gov will help taxpayers find a tax professional with credentials and select qualifications to help them prepare their tax returns.
February 3, 2015
IRS Targets Tax Shelter Abuses, Misuse of Trusts
The Internal Revenue Service is targeting abusive tax shelters and structures it says some Americans use to avoid paying taxes. The agency says the problem has been a lingering issue, and so it has been added to the annual list of tax scams known as the “
January 29, 2015
How to Get a Charitable Tax Deduction Without Donating Anything
It’s very rare in the tax world when you can “get something for nothing.” But that’s essentially what happens when a real estate owner donates a qualified conservation easement to charity. In essence, the property owner is merely agreeing to keep the land
January 29, 2015
IRS and British Tax Agency to Co-Host International Criminal Tax Symposium
The symposium focused on combatting offshore tax evasion and international financial crimes—including cyber-crime—and brought together delegates from criminal tax and enforcement programs from the U.S., Australia, Canada, The Netherlands, New Zealand, ...
January 26, 2015
3 Ways Obamacare Affects Income Tax Returns
Unless you’ve been way out of touch, you probably know that a key part of the Affordable Care Act (ACA), aka Obamacare, requires that taxpayers have qualifying health care coverage. Those without will need to qualify for an exemption, or pay a penalty.
January 24, 2015
AICPA Urges Congress to Give IRS More Flexibility on Granting Tax Code Section 9100 Relief
The American Institute of CPAs is urging top tax lawmakers in the U.S. Congress and Senate to give the IRS the authority to grant relief in appropriate situations when taxpayers miss a statutory deadline or make an error in making an election.
January 21, 2015
Printable IRS Form 2848 – Power of Attorney and Declaration of Representative
Printable IRS Form 2848 - Power of Attorney and Delcaration of Representative
January 21, 2015
Printable Income Tax Forms and Instructions – for Tax Year 2014
It's tax season and, of course, that means searching for numerous forms, schedules and instructions needed to file taxes by April 15 (or at least an extension). This list of common IRS tax forms below are here to make it easy.
January 21, 2015
Printable IRS Form 1040EZ for 2015 – Tax Year 2014
Printable IRS Form 1040EZ for 2015 - Tax Year 2014
January 21, 2015
Printable 2014 Form 1099-MISC Instructions
Official instructions for Tax Year 2014 Form 1099-MISC (for filing by April 2015).